Section Five: Contract Management 5.1 Key Information 5.1.1 Contract Management Phase Process Flow The Contract Management phase of the procurement lifecycle is defined as the process of monitoring and tracking contracts and the associated vendors to be certain requirements are delivered, terms and conditions are being met, vendor invoices are correct, and payments to vendors ...
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Chapters : Contract Management
5.4 Managing Contract Changes The goal of the Contract Manager is to manage change effectively, and in accordance with the contract, to limit impact on the contract and project scope, schedule and budget. Fortunately, the terms and conditions and any special provisions contained in the contract documents will govern the way the parties deal with ...
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5.5 Managing Contract Issues And Disputes How a Contract Administrator manages contract issues and disputes is often based on how effective it was in including the appropriate clauses and processes into the contract to address issues and manage disputes when they arise in the execution of the contract. The following sections discuss the types of ...
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