Professional Documents
Culture Documents
Contract managers should:
Expected business benefits and financial returns are more likely to be realised.
Good working relations can be maintained with contract partners and subcontractors, and so there is a
reduced risk of disputes and a higher chance of repeat work.
There are fewer unforeseen events.
Contract partners, subcontractors and suppliers are likely to be more cooperative and responsive.
Contract management can be a complex process, which can be simplified with the use of contract
management software. This can be particularly helpful for contract managementinvolving
multiple contracts and multiple parties, creating integrated systems for; documentmanagement, change
control, relationship management, accounting, project management, contract administration, resource
allocation and so on. Specialist software is available for different types of contract management, such as
large contracts, small contracts, multiple contracts, civil engineering and so on.