Overview of the contract management lifecyclc A structured approach
3 important questions on Overview of the contract management lifecyclc A structured approach
Which are the five phases of a commercial transaction?
- Initiate,
- Bid,
- Develop,
- Negotiate,
- and Manage.
What is imposed by Contract management?
It imposes a structured approach to the process to ensure that a deal that is understood gets done
What is covered by the develop phase?
- Understanding contract and relationship types
- Understanding contract terms and conditions
- Understanding specialised technology contract terms and conditions
- Understanding term linkages, managing cost and risk
- Statement of Work and Service Level Agreement production
- Following guidelines for contract drafting
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Topics that are related to Overview of the contract management lifecyclc A structured approach
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Overview of the contract management lifecyclc A structured approach - Initiate phase
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Overview of the contract management lifecyclc A structured approach - Bid fase
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Overview of the contract management lifecyclc A structured approach - Negotiate fase
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Overview of the contract management lifecyclc A structured approach - Manage phase
