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| challenges of contract management: Enterprise Contract Management Anuj Saxena, 2008-02-15 Globalization, increased economic and geopolitical uncertainty, technological advancements, and a rise in the number of regulations and legislations have led to a significant rise in the importance, volume, and complexity of modern contractual agreements. Yet, in spite of these profound changes, many organizations still manage the contracting process in a fragmented, manual, and ad-hoc manner, resulting in poor contract visibility, ineffective monitoring and management of contract compliance, and inadequate analysis of contract performance. The net effect of this has been a heightened interest in re-engineering and automation of Enterprise Contract Management (ECM) processes across industry sectors and geographies. Enterprise Contract Management: A Practical Guide to Successfully Implementing an ECM Solution addresses all the questions surrounding ECM, ECM solutions, and the project management, change management, and risk management considerations to ensure its successful implementation. This concise text will help your organization manage the challenges of the contract life cycle and the key success factors and pitfalls in a typical ECM solution. It is a must read for corporate executives, buyers, procurement and strategic sourcing specialists, contract administrators and procurement managers. There is currently no other book available on ECM solutions. All existing books on contract management focus on the legal aspects of contracts, but none describe the functions, features, capabilities of technology solutions that support ECM, nor do they explain the key considerations for ensuring a successful ECM solution implementation. |
| challenges of contract management: Governing by Contract Phillip J. Cooper, Phillip Cooper, 2002-07-01 Is the public getting a good deal when the government contracts out the delivery of goods and services? Phillip Cooper attempts to get at the heart of this question by exploring what happens when public sector organizations—at the federal, state and local levels—form working relationships with other agencies, communities, non-profit organizations and private firms through contracts. Rather than focus on the ongoing debate over privatization, the book emphasizes the tools managers need to form, operate, terminate or transform these contracts amidst a complex web of intergovernmental relations. Cooper frames the issues of public contract management by showing how managers are caught in between governance by authority and government by contract. By looking at cases ranging from the management of Baltimore schools to the contracting of senior citizen programs in Kansas, he offers practical information to students and practitioners and a theoretical context for their work. At every turn, the author avoids bogging readers down in technical jargon. Instead the book sheds light on a crucial part of any public manager′s job with lively case material and no-nonsense guidance for making the most of taxpayer dollars. |
| challenges of contract management: Supply Chain Contract Management Marcel Sieke, 2019-03-20 In recent years, the design of contracts in supply chains has received significant attention from researchers and practitioners. Companies try to improve their profits by designing efficient contracts that ensure a high availability of the product at a low cost. In this book the author presents a quantitative approach for designing optimal supply chain contracts. Firstly, service level contracts, which are frequently used between a supplier and a manufacturer, are analyzed. For this contract type, optimal contract parameter combinations are identified that lead to a coordinated supply chain. Secondly, an optimal contract selection strategy is developed for a supply chain where a manufacturer can choose among multiple potential buyers. Potential readership includes scholars of supply chain management and management science, graduate students interested in these areas as well as interested practitioners involved in negotiating contracts. |
| challenges of contract management: Contract Management Alain Brunet, Franck César, 2021-07-30 This book presents the latest findings relating to behavioral economics and the digital tools applied to contract management. There has been a decisive change in the role of contracts in the past decade, with contracts being transformed from purely legal necessities designed to protect against worst-case scenarios into tools for optimizing ongoing and mutually profitable business relationships with customers. There is an increasing emphasis on tight contracts, where time-risk and additional costs are passed on to the prime contractor, who may suffer heavy penalties in the event of non-performance. Contracts shape the behavior of the parties involved and as such have a major impact on project success. The contract manager’s goals are to protect the interests of the company and its shareholders by minimizing the company’s financial and contractual liabilities and to maximize its profitability while ensuring end-user satisfaction. The contract is usually written before the design is fully developed, and there is often a mismatch between contractual specifications and what the customer actually wants. Good contract management entails preserving the rights of the contractor by ensuring all parties respect their contractual obligations; providing advice to the project managers and engineering team; preparing profitable amendments to contracts or change requests; maintaining good record-keeping in the event that claims arise; filing notices when necessary; and guiding the project to a profitable conclusion. Like the ancient Chinese game of Go, moves made early in the game (notification of events) can shape the nature of a potential conflict one hundred moves later (arbitration threat). Contract management can also smooth the relationship between partners, allowing well-balanced “don’t-trade-a-dollar-for-a-penny” contracts to be managed through an established process rather than as sporadic events (we cannot claim to be in control of our business if we are not in control of the contracts on which it depends). Managing a contract with a mix of incomplete manuals, fragmented information, and poor planning can drive companies to “reinvent the wheel.” Contract management promotes a three-phase sequence to streamline information flows across the contract lifecycle, from the bid phase to performance, project closeout, and final payments. |
| challenges of contract management: Contract Management United States. General Accounting Office, 2001 |
| challenges of contract management: Contract and Commercial Management - The Operational Guide Katherine Kawamoto, Mark David, Tim Cummins, 2011-11-11 Almost 80% of CEOs say that their organization must get better at managing external relationships. According to The Economist, one of the major reasons why so many relationships end in disappointment is that most organizations 'are not very good at contracting'. This ground-breaking title from leading authority IACCM (International Association for Contract and Commercial Management) represents the collective wisdom and experience of Contract, Legal and Commercial experts from some of the world s leading companies to define how to partner for performance. This practical guidance is designed to support practitioners through the contract lifecycle and to give both supply and buy perspectives, leading to a more consistent approach and language that supports greater efficiency and effectiveness. Within the five phases described in this book (Initiate, Bid, Development, Negotiate and Manage), readers will find invaluable guidance on the whole lifecycle with insights to finance, law and negotiation, together with dispute resolution, change control and risk management. This title is the official IACCM operational guidance and fully supports and aligns with the course modules for Certification. |
| challenges of contract management: Innovative and Agile Contracting for Digital Transformation and Industry 4.0 Shalan, Mohammad Ali, Algarni, Mohammed Ayedh, 2020-12-18 Digital transformation is reshaping the business arena as new, successful digital business models are increasing agility and presenting better ways to handle business than the traditional alternatives. Industry 4.0 affects everything in our daily lives and is blurring the line between the physical, the biological, and the digital. This created an environment where technology and humans are so closely integrated that it is impacting every activity within the organizations. Specifically, contracting processes and procedures are challenged to align with the new business dynamics as traditional contracts are no longer fitting today's agile and continuously changing environments. Businesses are required to facilitate faster, more secure, soft, and real-time transactions while protecting stakeholders’ rights and obligations. This includes agile contracts which are dynamically handling scope changes, smart contracts that can automate rule-based functions, friction-less contracts that can facilitate different activities, and opportunity contracts that looks toward the future. Innovative and Agile Contracting for Digital Transformation and Industry 4.0 analyzes the consequences, benefits, and possible scenarios of contract transformation under the pressure of new technologies and business dynamics in modern times. The chapters cover the problems, issues, complications, strategies, governance, and risks related to the development and enforcement of digital transformation contracting practices. While highlighting topics in the area of digital transformation and contracting such as artificial intelligence, digital business, emerging technologies, and blockchain, this book is ideally intended for business, engineering, and technology practitioners and policy makers, along with practitioners, stakeholders, researchers, academicians, and students interested in understanding the scope, complexity, and importance of innovative contracts and agile contracting. |
| challenges of contract management: Complex Contracting Trevor L. Brown, Matthew Potoski, David M. Van Slyke, 2013-08-08 Complex Contracting draws on core social science concepts to provide wide-ranging practical advice on how best to manage complex acquisitions. Using a strong analytical framework, the authors assess contract management practices, suggesting strategies for improvement and ways to avoid the pitfalls of managing contracts for large and sophisticated projects. An in-depth analysis of the US Coast Guard's Deepwater program is included to illustrate ways to respond to real-world contracting challenges. This high-profile and controversial case consisted of a projected 25-year, $24 billion contract through which the US Coast Guard would buy a system of new boats, aircraft, communications, and control architecture to replace its aging fleet. The authors explore the reasons why this program, launched with such promise, turned out so poorly, and apply the lessons learned to similarly complex contracting scenarios. This engaging and accessible book has broad applicability and will appeal to policymakers, practitioners, scholars and students. |
| challenges of contract management: International Contracting Arjan Van Weele, 2014 This book, about international contracting and contract management, is written from the angle of the contractor and discussed from an international perspective. It comments on real-life cases, taken from various kinds of projects: infrastructural works (roads, bridges, tunnels, rail roads), wind- and sunfarms, oil and gas installations, such as platforms, pipe lines, power generating works, and large buildings.The book is structured around the contracting cycle. Chapters include dealing with the role of the contractor in international contracting, the tender process, landing and negotiating the contract, types of contract, problems that may occur during project execution, project delivery, and handling guarantee claims.Written primarily for business practitioners operating in the international contracting industry, the title assumes that the reader will have a basic understanding and knowledge of theories related to project management, construction engineering, business law and economics.Though not an academic book, due to its unique blend of practitioners'' insight and academic theory, it can be taught in courses at institutes at the master level. As most engineers are going to deal with contracts, this book is specifically recommended for engineering programs both at the graduate and postgraduate level. Lawyers will find the book useful to understand the business context in which their customers and/or colleagues work. |
| challenges of contract management: Contract Management United States Government Accountability Office, 2018-02-05 Contract Management: Government Faces Challenges in Gathering Socioeconomic Data on Purchase Card Merchants |
| challenges of contract management: Contract Management United States Accounting Office (GAO), 2018-06 Contract Management: Trends and Challenges in Acquiring Services |
| challenges of contract management: Valley of Genius Adam Fisher, 2014-11-04 This is the most important book on Silicon Valley I've read in two decades. It will take us all back to our roots in the counterculture, and will remind us of the true nature of the innovation process, before we tried to tame it with slogans and buzzwords. -- Po Bronson, #1 New York Times bestselling author of The Nudist on the Late Shift and Nurtureshock A candid, colorful, and comprehensive oral history that reveals the secrets of Silicon Valley -- from the origins of Apple and Atari to the present day clashes of Google and Facebook, and all the start-ups and disruptions that happened along the way. Rarely has one economy asserted itself as swiftly--and as aggressively--as the entity we now know as Silicon Valley. Built with a seemingly permanent culture of reinvention, Silicon Valley does not fight change; it embraces it, and now powers the American economy and global innovation. So how did this omnipotent and ever-morphing place come to be? It was not by planning. It was, like many an empire before it, part luck, part timing, and part ambition. And part pure, unbridled genius... Drawing on over two hundred in-depth interviews, Valley of Genius takes readers from the dawn of the personal computer and the internet, through the heyday of the web, up to the very moment when our current technological reality was invented. It interweaves accounts of invention and betrayal, overnight success and underground exploits, to tell the story of Silicon Valley like it has never been told before. Read it to discover the stories that Valley insiders tell each other: the tall tales that are all, improbably, true. |
| challenges of contract management: Contract and Risk Management for Supply Chain Management Professionals X. Paul Humbert, Robert C. Mastice, 2014-01-19 What Will This Book Do for You? This book provides a survival manual for anyone involved in the crafting, structuring, negotiating, supporting or managing contracts involving commercial transactions of goods, services or both. It blends the practical with general legal principles and highlights best practices for supply chain professionals and anyone else involved, directly or indirectly, with the generation or management of contracts from cradle-to-grave. Even commercially wise and sophisticated organizations can be untrained and unaware of certain gaps and traps in the management of their contracts. This book addresses those pitfalls and provides lessons learned and guidance that are not typically taught at the college or even graduate school level. Experience can be hard and expensive to come by and this book provides a concentrated dose of experience that immediately raises the reader's level of sophistication and awareness for gaps and traps while providing practical solutions to pitfalls that can haunt any organization. Left unchecked, these pitfalls can lead to dysfunction and confusion; both of which can be an expensive proposition in today's competitive and uncertain economic environment. Who Should Use this Book? Supply Chain Management Professionals, Risk Managers, Insurance Experts, Project Managers, Purchasing Agents, Contract Administrators, Executives and any business or technical professionals who are involved with developing, managing or implementing projects, purchases or any complex transaction or procurement where cost, schedule and scope certainty are important. What Does This Book Cover? This book covers how the relationship of the parties affects commercial transactions and addresses the importance of upholding the integrity of the process and the contract by understanding key supply chain best practices. The book focuses on contracting strategies and approaches including how to structure requests for proposals and instructions to bidders as well as key considerations in pricing and pricing adjustments, risk management tools and techniques, the importance of defining the deliverables and outcomes, negotiation strategies and techniques, negotiating warranties and remedies, applying leadership and influencing skills to the process, how to implement sound change management as well as capturing and applying past lessons learned. In addition, special attention is given to the importance of sound kick off and close out, including termination for cause or convenience techniques and other best practices. |
| challenges of contract management: Contract Management Trends and Challenges in Acquiring Services , 2001 |
| challenges of contract management: Integrating Project Delivery Martin Fischer, Howard W. Ashcraft, Dean Reed, Atul Khanzode, 2017-03-27 A revolutionary, collaborative approach to design and construction project delivery Integrating Project Delivery is the first book-length discussion of IPD, the emergent project delivery method that draws on each stakeholder's unique knowledge to address problems before they occur. Written by authors with over a decade of research and practical experience, this book provides a primer on IPD for architects, designers, and students interested in this revolutionary approach to design and construction. With a focus on IPD in everyday operation, coverage includes a detailed explanation and analysis of IPD guidelines, and case studies that show how real companies are applying these guidelines on real-world projects. End-of-chapter questions help readers quickly review what they've learned, and the online forum allows them to share their insights and ideas with others who either have or are in the process of implementing IPD themselves. Integrating Project Delivery brings together the owners, architect, engineers, and contractors early in the development stage to ensure that problems are caught early, and to address them in a collaborative way. This book describes the parameters of this new, more efficient approach, with expert insight on real-world implementation. Compare traditional procurement with IPD Understand IPD guidelines, and how they're implemented Examine case studies that illustrate everyday applications Communicate with other IPD adherents in the online forum The IPD approach revolutionizes not only the workflow, but the relationships between the stakeholders – the atmosphere turns collaborative, and the team works together toward a shared goal instead of viewing one another as obstructions to progress. Integrated Project Delivery provides a deep exploration of this approach, with practical guidance and expert insight. |
| challenges of contract management: Contracting and Contract Law in the Age of Artificial Intelligence Martin Ebers, Cristina Poncibò, Mimi Zou, 2022-06-30 This book provides original, diverse, and timely insights into the nature, scope, and implications of Artificial Intelligence (AI), especially machine learning and natural language processing, in relation to contracting practices and contract law. The chapters feature unique, critical, and in-depth analysis of a range of topical issues, including how the use of AI in contracting affects key principles of contract law (from formation to remedies), the implications for autonomy, consent, and information asymmetries in contracting, and how AI is shaping contracting practices and the laws relating to specific types of contracts and sectors. The contributors represent an interdisciplinary team of lawyers, computer scientists, economists, political scientists, and linguists from academia, legal practice, policy, and the technology sector. The chapters not only engage with salient theories from different disciplines, but also examine current and potential real-world applications and implications of AI in contracting and explore feasible legal, policy, and technological responses to address the challenges presented by AI in this field. The book covers major common and civil law jurisdictions, including the EU, Italy, Germany, UK, US, and China. It should be read by anyone interested in the complex and fast-evolving relationship between AI, contract law, and related areas of law such as business, commercial, consumer, competition, and data protection laws. |
| challenges of contract management: Contract Administration Guidelines Cmaa, Construction Management Association of America, 2014-02-18 |
| challenges of contract management: Major Management Challenges and Program Risks , 2001 |
| challenges of contract management: Major management challenges and program risks Department of Energy. United States. General Accounting Office, 2003 |
| challenges of contract management: Ask a Manager Alison Green, 2018-05-01 From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together |
| challenges of contract management: Capital Equipment Purchasing Erik Hofmann, Daniel Maucher, Jens Hornstein, Rainer den Ouden, 2012-04-23 Compared to other main groups of procurement, capital equipment features numerous characteristics that significantly impact the purchasing process. The process of purchasing capital equipment therefore requires specific attention and above all a systematic approach. To overcome these challenges, a holistic process model and specific tools and methods for capital equipment purchasing are presented. The following topics regarding capital equipment purchasing are presented: • Compliance management • Savings measurement • Life cycle costs and total cost of ownership • Determining the optimum useful life and replacement time • Real options approach for the evaluation of investment alternatives • Performance contracting Readers are provided with a comprehensive and structured process model for capital equipment purchasing. The comprehensive set of methods including various instruments and methods presented in this book support the establishment of a professional capital equipment purchasing process. |
| challenges of contract management: 200 Contractual Problems and their Solutions J. Roger Knowles, 2012-01-09 200 Contractual Problems and their Solutions This book examines 200 contractual problems which regularly arise on building and engineering projects and provides a detailed explanation of their solutions, citing standard contract conditions and key parts of legal judgements as authority. A succinct summary is provided at the end of each detailed solution. It covers problems together with their solutions in respect of: Procurement matters Tenders and bidding Design issues Letters of intent Contractor’s programme Contractor’s float Delays Concurrent Delays Extensions of time Liquidated/delay damages Unliquidated damages Variations Loss and expense/additional cost claims Acceleration Global claims Payment Damage to the works Exclusion clauses Retention of title Practical completion Defect correction Adjudication This book deals with a broad range of construction contracts including JCT Standard Form and Design and Build, New Engineering Contract NEC3, ICE and GC/Works/1. This book was first published under the title of One Hundred Contractual Problems and Their Solutions, with a second edition entitled One Hundred and Fifty Contractual Problems and their Solutions. This third edition adds 50 new problems and replaces 15 of those in the last edition. Of the remainder half have been the subject of revision. “Deserves a place on every site and in every office as the standard handbook on contractual problems” Construction Law Digest |
| challenges of contract management: The Responsible Contract Manager Steven Cohen, 2008-10-01 Contract management is a critical skill for all contemporary public managers. As more government duties are contracted out, managers must learn to coordinate and measure the performance of private contractors, and to write contract requirements and elicit bids that obtain important services and products at the best possible price and quality. They must also learn to work in teams that include both public and private sector partners. The Responsible Contract Manager delves into the issues of how to ensure that the work done by private sector contractors serves the public interest and argues for the necessity of making these organizations act as extensions of the public sector while maintaining their private character. Government contract managers have a unique burden because they must develop practices that ensure the production advantages of networked organizations and the transparency and accountability required of the public sector. The Responsible Contract Manager fills a major gap in public management literature by providing a clear and practical introduction to the best practices of contract management and also includes a discussion of public ethics, governance and representation theory. It is an essential guide for all public management scholars and is especially useful for students in MPA graduate programs and related fields. |
| challenges of contract management: Contract Management Peter Sammons, 2017-07-03 Contract management is a key management skill, yet it is underplayed in most organizations, which usually default to project management skills as a proxy for contract management skills. Whilst project management skills are equally essential, they are not the same thing. Contract Management looks at the wider contract management picture from an industrial-commercial perspective, and helps set-out typical structures and processes that assist the contract management task. The author uses diagramatic representations to depict complex ideas. Contract Management includes learning points in each chapter, looking at handling problems, procedural changes and enhancing commercial performance. |
| challenges of contract management: Drawdown Paul Hawken, 2017-04-18 • New York Times bestseller • The 100 most substantive solutions to reverse global warming, based on meticulous research by leading scientists and policymakers around the world “At this point in time, the Drawdown book is exactly what is needed; a credible, conservative solution-by-solution narrative that we can do it. Reading it is an effective inoculation against the widespread perception of doom that humanity cannot and will not solve the climate crisis. Reported by-effects include increased determination and a sense of grounded hope.” —Per Espen Stoknes, Author, What We Think About When We Try Not To Think About Global Warming “There’s been no real way for ordinary people to get an understanding of what they can do and what impact it can have. There remains no single, comprehensive, reliable compendium of carbon-reduction solutions across sectors. At least until now. . . . The public is hungry for this kind of practical wisdom.” —David Roberts, Vox “This is the ideal environmental sciences textbook—only it is too interesting and inspiring to be called a textbook.” —Peter Kareiva, Director of the Institute of the Environment and Sustainability, UCLA In the face of widespread fear and apathy, an international coalition of researchers, professionals, and scientists have come together to offer a set of realistic and bold solutions to climate change. One hundred techniques and practices are described here—some are well known; some you may have never heard of. They range from clean energy to educating girls in lower-income countries to land use practices that pull carbon out of the air. The solutions exist, are economically viable, and communities throughout the world are currently enacting them with skill and determination. If deployed collectively on a global scale over the next thirty years, they represent a credible path forward, not just to slow the earth’s warming but to reach drawdown, that point in time when greenhouse gases in the atmosphere peak and begin to decline. These measures promise cascading benefits to human health, security, prosperity, and well-being—giving us every reason to see this planetary crisis as an opportunity to create a just and livable world. |
| challenges of contract management: ACRP Report 33 , 2011 |
| challenges of contract management: Digital Transformation of the Design, Construction and Management Processes of the Built Environment Bruno Daniotti, Marco Gianinetto, Stefano Della Torre, 2019-12-30 This open access book focuses on the development of methods, interoperable and integrated ICT tools, and survey techniques for optimal management of the building process. The construction sector is facing an increasing demand for major innovations in terms of digital dematerialization and technologies such as the Internet of Things, big data, advanced manufacturing, robotics, 3D printing, blockchain technologies and artificial intelligence. The demand for simplification and transparency in information management and for the rationalization and optimization of very fragmented and splintered processes is a key driver for digitization. The book describes the contribution of the ABC Department of the Polytechnic University of Milan (Politecnico di Milano) to R&D activities regarding methods and ICT tools for the interoperable management of the different phases of the building process, including design, construction, and management. Informative case studies complement the theoretical discussion. The book will be of interest to all stakeholders in the building process – owners, designers, constructors, and faculty managers – as well as the research sector. |
| challenges of contract management: Fair Play Eve Rodsky, 2021-01-05 AN INSTANT NEW YORK TIMES BESTSELLER • A REESE'S BOOK CLUB PICK Tired, stressed, and in need of more help from your partner? Imagine running your household (and life!) in a new way... It started with the Sh*t I Do List. Tired of being the “shefault” parent responsible for all aspects of her busy household, Eve Rodsky counted up all the unpaid, invisible work she was doing for her family—and then sent that list to her husband, asking for things to change. His response was...underwhelming. Rodsky realized that simply identifying the issue of unequal labor on the home front wasn't enough: She needed a solution to this universal problem. Her sanity, identity, career, and marriage depended on it. The result is Fair Play: a time- and anxiety-saving system that offers couples a completely new way to divvy up domestic responsibilities. Rodsky interviewed more than five hundred men and women from all walks of life to figure out what the invisible work in a family actually entails and how to get it all done efficiently. With 4 easy-to-follow rules, 100 household tasks, and a series of conversation starters for you and your partner, Fair Play helps you prioritize what's important to your family and who should take the lead on every chore, from laundry to homework to dinner. “Winning” this game means rebalancing your home life, reigniting your relationship with your significant other, and reclaiming your Unicorn Space—the time to develop the skills and passions that keep you interested and interesting. Stop drowning in to-dos and lose some of that invisible workload that's pulling you down. Are you ready to try Fair Play? Let's deal you in. |
| challenges of contract management: Industrial Engineering, Management Science and Applications 2015 Mitsuo Gen, Kuinam J. Kim, Xiaoxia Huang, Yabe Hiroshi, 2015-05-18 This volume provides a complete record of presentations made at Industrial Engineering, Management Science and Applications 2015 (ICIMSA 2015), and provides the reader with a snapshot of current knowledge and state-of-the-art results in industrial engineering, management science and applications. The goal of ICIMSA is to provide an excellent international forum for researchers and practitioners from both academia and industry to share cutting-edge developments in the field and to exchange and distribute the latest research and theories from the international community. The conference is held every year, making it an ideal platform for people to share their views and experiences in industrial engineering, management science and applications related fields. |
| challenges of contract management: Contract Management Body of Knowledge, Sixth Edition National Contract Management Association, 2019-07-20 |
| challenges of contract management: Proceedings of the 25th International Symposium on Advancement of Construction Management and Real Estate Xinhai Lu, Zuo Zhang, Weisheng Lu, Yi Peng, 2021-10-11 This proceedings book focuses on innovation, cooperation, and sustainable development in the fields of construction management and real estate. The book provides a detailed analysis and description of the disciplinary frontiers in the field of building management and real estate and how they can be promoted in the context of the epidemic. A wide variety of papers provide a reference value for both scholars and practitioners. The proceedings book is the documentation of “the 25th International Symposium on Advancement of Construction Management and Real Estate” (CRIOCM 2020), which was held at the School of Public Administration, Central China Normal University, Wuhan, China, in 2020. |
| challenges of contract management: The Aqua Group Guide to Procurement, Tendering and Contract Administration Mark Hackett, Gary Statham, 2017-05-02 This key text for the building team is an authoritative guide and gives a detailed account of the team's roles and responsibilities, with best industry practice required to ensure that building projects meet clients' expectations on time, cost and quality. The second edition of The Aqua Group Guide to Procurement, Tendering and Contract Administration has been edited, enlarged and updated by a high-profile author team with unparalleled experience of both private and public sectors, as well as of teaching on QS courses. It covers the entire building process from inception to final account and throughout, the emphasis is on current best practice. This edition has new material on the CDM regulations; JCT contracts; the RIBA Plan of Work; the RICS New Rules of Measurement; BIM; and Sustainability - as well as a general update for industry changes, especially on procurement; internationalisation; and PFI. With clear and thorough explanations, you are taken through self-contained chapters covering the detail of the briefing stage, procurement methods, tendering procedures, and contract administration. The period from starting a college course to successful completion of professional examinations represents a long and steep learning curve. The range of skills and the knowledge required to perform work efficiently and effectively might, at first, seem rather daunting. Although designed as an introductory textbook for undergraduates in construction, architecture and quantity surveying, The Aqua Group Guide offers an excellent overview of contract administration and will provide you with sufficient understanding to hold you in good stead for your early years in professional practice. |
| challenges of contract management: Challenges Facing Fema's Disaster Contract Management CreateSpace Independent Publishing Platform, Office of the Investigator General, 2018-07-07 Challenges facing FEMA's disaster contract management |
| challenges of contract management: Commercial Management David Lowe, 2013-05-31 Commercial Management: theory and practice defines the role of commercial management within project-oriented organisations, providing a framework for and helping to develop a critical understanding of the factors that influence commercial management practice. It also identifies generic aspects of this practice and provides a theoretical foundation to these activities, by reference to existing and emergent theories and concepts, as well as to relevant management best practice. The book is structured into four parts: Part 1 Introduction – Commercial Management in Project Environments explores the nature of commercial practice within project-oriented organisations at the buyer-seller interface. It presents a Commercial Management framework, which illustrates the multiple interactions and connections between the purchaser‘s procurement cycle and a supplier‘s bidding and implementation cycles. Additionally, it outlines the principle activities undertaken by the commercial function, identifies the skills and abilities that support these activities and reviews the theories and concepts that underpin commercial practice. Finally, it identifies areas of commonality of practice with other functions found within project-oriented organisations, plus sources of potential conflict and misunderstanding. Part 2 – Elements of Commercial Theory and Practice covers commercial leadership; exploring strategy; risk and uncertainty management; financial decision-making; and key legal issues. Part 3 – Approaches to Commercial Practice addresses best practice management; and commercial and contracting strategies and tactics. Finally, Part 4 – Case Studies offers two extended case studies: Football Stadia (the Millennium Stadium, Cardiff; the Emirates Stadium, Islington; and Wembley Stadium, London); and Heathrow Terminal 5. The book provides a one-stop-shop to the many topics that underpin commercial management practice from both a demand (buy-side) and a supply (sell-side) perspective. It will help develop an understanding of the issues influencing commercial management: leadership, strategy, risk, financial, legal, best practice management and commercial and contracting strategy and tactics. This book’s companion website is at www.wiley.com/go/lowecommercialmanagement and offers invaluable resources for both students and lecturers: • PowerPoint slides for lecturers on each chapter • Sample exam questions for students to practice • Weblinks to key journals and relevant professional bodies |
| challenges of contract management: Negotiating a Labor Contract Charles S. Loughran, 1992 Labor negotiation is like no other negotiation. This book tells you how to plan your strategy, approach difficult topics, and conclude successfully. In step-by-step chapters, the author tells you how to prepare the management team, present your agenda, cost out demands and offers, draft contract language, and more. You get important background facts on negotiating health and welfare benefits, pension plans, and other volatile issues. Plus, the book includes successful approaches for negotiating joint union-management programs such as stock-option plans and gainsharing. The author explains the law with real-life examples to guide you to a cooperative, mutually beneficial agreement. |
| challenges of contract management: Practical Tips on How to Contract Laura Frederick, 2020-11-16 Practical Tips on How to Contract is a collection of 91 insightful tips for lawyers and professionals who want to improve how they draft and negotiate contracts. In each tip, Laura shares what she learned over her career at top law firms and technology companies. Her approachable writing style and practical explanations make these tips easy to understand and implement. This book can benefit everyone, whether they are new to contracts or have been working with them for years.Topics include advising clients, assignment, buying and selling goods, confidentiality and NDAs, contract structure and formation, damages, definitions, disputes, drafting, governing law, indemnification, intellectual property, negotiation, price and payment, purchase orders, risk, termination, title and risk of loss, training, working with contracts, and other inspiration. |
| challenges of contract management: EPA Contract Management Problems United States. Congress. Senate. Committee on Governmental Affairs, 1993 |
| challenges of contract management: Major management challenges and program risks National Aeronautics and Space Administration. , |
| challenges of contract management: Examining Core Elements of International Research Collaboration Institute of Medicine, National Academy of Engineering, National Academy of Sciences, Policy and Global Affairs, Government-University-Industry Research Roundtable, Planning Committee for the Workshop on Examining Core Elements of International Collaboration, 2011-09-29 The globalization of science, engineering, and medical research is proceeding rapidly. The globalization of research has important implications for the U.S. research enterprise, for the U.S. government agencies, academic institutions, and companies that support and perform research, and for the world at large. As science and technology capabilities grow around the world, U.S.-based organizations are finding that international collaborations and partnerships provide unique opportunities to enhance research and training. At the same time, significant obstacles exist to smooth collaboration across national borders. Enhancing international collaboration requires recognition of differences in culture, legitimate national security needs, and critical needs in education and training. In response to these trends, the Government-University-Industry Research Roundtable (GUIRR) launched a Working Group on International Research Collaborations (I-Group) in 2008, following its meeting on New Partnerships on a Global Platform that June. As part of I-Group's continuing effort, a workshop on Examining Core Elements of International Research Collaboration was held July 26-27, 2010 in Washington, DC. One primary goal of the workshop is to better understand the risks involved in international research collaboration for organizations and individual participants, and the mechanisms that can be used to manage those risks. Issues to be addressed in the workshop include the following: (1) Cultural Differences and Nuances; (2) Legal Issues and Agreements; (3) Differences in Ethical Standards; (4) Research Integrity and the Responsible Conduct of Research; (5) Intellectual Property; (6) Risk Management; (7) Export Controls; and (8) Strategies for Developing Meaningful International Collaborations. The goal for the workshop and the summary, Examining Core Elements of International Research Collaboration, is to serve as an information resource for participants and others interested in international research collaborations. It will also aid I-Group in setting its future goals and priorities. |
| challenges of contract management: Project Management for Construction Chris Hendrickson, Tung Au, 1989 |
Overcoming the 10 pitfalls of contracting - WorldCC
contract terms. Often, assumptions or commitments may have been made involving inappropriate contract terms which then either need to be re-negotiated, or perhaps mitigated through more …
2024 General Survey Report - ncmahq.org
This report provides a comprehensive analysis of key challenges in procurement and contract management as identified by various organizations through a survey conducted by CMI …
The role of contract management - World Bank
Infrastructure Hub’s PPP Contract Management Tool, which includes lessons learned from 250 case studies globally. A key finding of most work focusing on contract management is that the …
Contractual challenges in the face of disruption - Deloitte …
Organisations are tasked with the dificult challenge of identifying contracts within their business, extract-ing information from the contracts and combining contract data with business data in …
THE CHALLENGES OF CONTRACT MANAGEMENT IN THE …
However, eventhough indicated as a problem, contract management has received very little research attentions both by the PPA and researchers who are interested in procurement issues.
Determinants and constraints to effective procurement …
Several theories explain the determinants and obstacles to effective contract management among which include; ethics, availability of skilled personnel and organisational influences among …
The Effect of Negative Human Behaviour on Contract …
negative human behaviour affects Contract Management in municipalities. The focus of this study will be to understand the constitutional and legislative framework for Contract Management and …
UPDATED ASSESSMENT OF GSA S MAJOR MANAGEMENT …
depending on the contracting program or vehicle, management challenges in this area generally center around the contract evaluation and award process, and involve the often related issues …
Challenges Facing Government and the Contracting Community
Cut contract costs in DOD $100 billion in savings over five fiscal years † Combine requirements for recurring needs across agencies; † Improve oversight of price, schedule, and quality
The Challenges of Contract/ Project Implementation
The Challenges of Contract/ Project Implementation Subhash Chandra Pandey* Introduction It is widely accepted that building a climate of trust, transparency, and tolerance is the key to …
Causes and effects of contract management problems: Case …
Contract management is a crucial component of any project. As construction projects are complex and difficult to manage, adequate attention must be given to the related contract...
CRITICAL SUCCESS FACTORS IN GOVERNMENT CONTRACT …
Critical success factors have a direct impact on an organization’s project management and contract management processes as well as resulting outcomes.
Contracting for performance: Unlocking additional value
To determine specific contract areas where companies are falling short, McKinsey conducted research that examined every facet of contract development and execution and found that …
PROCUREMENT GUIDANCE - World Bank
• Contract Management is an essential element of the World Bank’s fit for purpose procurement approach • It helps ensure that contracts deliver the intended project outcomes and …
Contract management: control value and minimise risks - CMSD
Get your business contracts right, and you have a sound platform for profitable growth. Get them wrong, or manage them badly–and your organisation is risking not just its relationships, but its …
Contract Management: Trends and Challenges in Acquiring …
describe service contracting trends and the changing acquisition environment, discuss the challenges confronting the government in acquiring services, and highlight some efforts …
Challenges Facing The Implementation Of Performance …
The study found that the challenges facing the performance contract included; inadequate /lack of commitment from government and top management, inadequate financial resources, …
Contract Lifecycle Management - KPMG
Challenges can occur across the entirety of a contract’s lifecycle. Recurring themes include manual, time-intensive processes and sporadic ownership, commercial leakage, increased …
Issues and Challenges in Project Contract Management
S1 :Mobilization Advance:) Don't give 10% mobilization advance, instead reduce to 5% (2.5% within 15 days of signing the agreement and 2.5% on production of utilization by the contractor).
Overcoming the 10 pitfalls of contracting - WorldCC
contract terms. Often, assumptions or commitments may have been made involving inappropriate contract terms which then either need to be re-negotiated, or perhaps mitigated through more …
2024 General Survey Report - ncmahq.org
This report provides a comprehensive analysis of key challenges in procurement and contract management as identified by various organizations through a survey conducted by CMI …
Disrupting the contract management paradigm - KPMG
Effective contract management can keep the contract “alive” and “evolving”, enabling new capabilities to be delivered to the client organization whilst maintaining integral value. The …
The role of contract management - World Bank
Infrastructure Hub’s PPP Contract Management Tool, which includes lessons learned from 250 case studies globally. A key finding of most work focusing on contract management is that the …
Contractual challenges in the face of disruption - Deloitte …
Organisations are tasked with the dificult challenge of identifying contracts within their business, extract-ing information from the contracts and combining contract data with business data in …
THE CHALLENGES OF CONTRACT MANAGEMENT IN THE …
However, eventhough indicated as a problem, contract management has received very little research attentions both by the PPA and researchers who are interested in procurement issues.
Determinants and constraints to effective procurement …
Several theories explain the determinants and obstacles to effective contract management among which include; ethics, availability of skilled personnel and organisational influences among …
The Effect of Negative Human Behaviour on Contract …
negative human behaviour affects Contract Management in municipalities. The focus of this study will be to understand the constitutional and legislative framework for Contract Management …
UPDATED ASSESSMENT OF GSA S MAJOR MANAGEMENT …
depending on the contracting program or vehicle, management challenges in this area generally center around the contract evaluation and award process, and involve the often related issues …
Challenges Facing Government and the Contracting Community
Cut contract costs in DOD $100 billion in savings over five fiscal years † Combine requirements for recurring needs across agencies; † Improve oversight of price, schedule, and quality
The Challenges of Contract/ Project Implementation
The Challenges of Contract/ Project Implementation Subhash Chandra Pandey* Introduction It is widely accepted that building a climate of trust, transparency, and tolerance is the key to …
Causes and effects of contract management problems: Case …
Contract management is a crucial component of any project. As construction projects are complex and difficult to manage, adequate attention must be given to the related contract...
CRITICAL SUCCESS FACTORS IN GOVERNMENT CONTRACT …
Critical success factors have a direct impact on an organization’s project management and contract management processes as well as resulting outcomes.
Contracting for performance: Unlocking additional value
To determine specific contract areas where companies are falling short, McKinsey conducted research that examined every facet of contract development and execution and found that …
PROCUREMENT GUIDANCE - World Bank
• Contract Management is an essential element of the World Bank’s fit for purpose procurement approach • It helps ensure that contracts deliver the intended project outcomes and …
Contract management: control value and minimise risks
Get your business contracts right, and you have a sound platform for profitable growth. Get them wrong, or manage them badly–and your organisation is risking not just its relationships, but its …
Contract Management: Trends and Challenges in Acquiring …
describe service contracting trends and the changing acquisition environment, discuss the challenges confronting the government in acquiring services, and highlight some efforts …
Challenges Facing The Implementation Of Performance …
The study found that the challenges facing the performance contract included; inadequate /lack of commitment from government and top management, inadequate financial resources, …
Contract Lifecycle Management - KPMG
Challenges can occur across the entirety of a contract’s lifecycle. Recurring themes include manual, time-intensive processes and sporadic ownership, commercial leakage, increased …
Issues and Challenges in Project Contract Management
S1 :Mobilization Advance:) Don't give 10% mobilization advance, instead reduce to 5% (2.5% within 15 days of signing the agreement and 2.5% on production of utilization by the contractor).
