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Contract Management
moving from knowing to doing
1
Disclaimer
The information in this presentation is the opinion of the presenter and is compiled from multiple sources, including but not limited to;
published documents, online research sites, external subject matter experts and observations based on experience and knowledge of
the subject. All information contained in this presentation is intended for informational purposes only and all sources used have been
deemed to be reliable at the time of writing. All principles and methodologies used in this presentation should be read as guidelines,
which may be customised to your specific requirements in conjunction with a detailed investigation and report specific to your
operating environment. Any and all information contained herein is not intended to constitute legal advice and accordingly, you should
consult with your own in-house counsel when developing programs and policies. You should not act, or refrain from acting based
solely on the content of this presentation. DHN & Company Pty Ltd assume no liability for any commercial loss or damage as a result
of actions taking by you in connection with this presentation. Moreover, this presentation cannot be assumed to contain every
acceptable process, procedure or discipline or that additional procedures might not be appropriate under the circumstances.
2
Contract Management
the role of contract management
To deliver a successful contract management function to support
project delivery, 4 key disciplines should be adopted and perfected:
1. Become a trusted advisor
2. Set the benchmark for deliverables
3. Understand and manage risk
4. Be a champion of compliance
3
Contract Management
the role of contract management
1. BECOME A TRUSTED ADVISOR
Be Practical
Be Relevant
Be Unbiased
BE ACTIVELY INVOLVED
Capable but
poorly aligned
Trusted
advisor
Compliance
function
Engaged but not
strategic
Relationship Capacity
TechnicalCapacity
4
Contract Management
the role of contract management
2. SET THE BENCHMARK FOR DELIVERABLES
Cost Management
Time Management
Scope Management
OWN THE CONSEQUENCE OF CHANGE
5
Contract Management
the role of contract management
3. UNDERSTAND AND MANAGE RISK
Identify Potential Risk
Monitor Obligations
Realign Deviations
RISK EXISTS – LEARN TO NAVIGATE IT
6
Contract Management
the role of contract management
4. BE A CHAMPION OF COMPLIANCE
Monitor and Audit
Self Evaluate
Review and Adjust
KNOW YOUR CONTRACT INTIMATELY
7

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Contract management

  • 1. Contract Management moving from knowing to doing 1
  • 2. Disclaimer The information in this presentation is the opinion of the presenter and is compiled from multiple sources, including but not limited to; published documents, online research sites, external subject matter experts and observations based on experience and knowledge of the subject. All information contained in this presentation is intended for informational purposes only and all sources used have been deemed to be reliable at the time of writing. All principles and methodologies used in this presentation should be read as guidelines, which may be customised to your specific requirements in conjunction with a detailed investigation and report specific to your operating environment. Any and all information contained herein is not intended to constitute legal advice and accordingly, you should consult with your own in-house counsel when developing programs and policies. You should not act, or refrain from acting based solely on the content of this presentation. DHN & Company Pty Ltd assume no liability for any commercial loss or damage as a result of actions taking by you in connection with this presentation. Moreover, this presentation cannot be assumed to contain every acceptable process, procedure or discipline or that additional procedures might not be appropriate under the circumstances. 2
  • 3. Contract Management the role of contract management To deliver a successful contract management function to support project delivery, 4 key disciplines should be adopted and perfected: 1. Become a trusted advisor 2. Set the benchmark for deliverables 3. Understand and manage risk 4. Be a champion of compliance 3
  • 4. Contract Management the role of contract management 1. BECOME A TRUSTED ADVISOR Be Practical Be Relevant Be Unbiased BE ACTIVELY INVOLVED Capable but poorly aligned Trusted advisor Compliance function Engaged but not strategic Relationship Capacity TechnicalCapacity 4
  • 5. Contract Management the role of contract management 2. SET THE BENCHMARK FOR DELIVERABLES Cost Management Time Management Scope Management OWN THE CONSEQUENCE OF CHANGE 5
  • 6. Contract Management the role of contract management 3. UNDERSTAND AND MANAGE RISK Identify Potential Risk Monitor Obligations Realign Deviations RISK EXISTS – LEARN TO NAVIGATE IT 6
  • 7. Contract Management the role of contract management 4. BE A CHAMPION OF COMPLIANCE Monitor and Audit Self Evaluate Review and Adjust KNOW YOUR CONTRACT INTIMATELY 7