Professional Documents
Culture Documents
UNDERGRADUATE SCHOOL
Submitted by:
Tingzon, Stanley Renz F.
Bucol, Diosalyn
Cedillo, Connie
Dequillo, Tris Annuel L.
Vicario, Josie
Ramirez, Zyrah Mae A.
2022
APPROVAL SHEET
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UNDERGRADUATE SCHOOL
DR.
Dean, College of Business and Financial Science
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UNDERGRADUATE SCHOOL
ACKNOWLEDGEMENT
ABSTRACT
Date Conferred:
Adviser: Prof. Rome Sherriff Montoy
Certification of Originality
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UNDERGRADUATE SCHOOL
TABLE OF CONTENTS
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Page
Title Page…………………………………………………………..……………….....….i
Approval Sheet………………………………..……………………………………......ii
Acknowledgement……………..………..……………………..………………………iii
Abstract………………………………………….…….……………………….……....…iv
Certification of Originality……………...…..………………………………….…..vi
Table of Contents……………...……………….………………….....................vii
List of Tables………………………………….…….………………………………..….ix
List of Appendices……………………………………….......…………………….….x
Chapter 3:
Research Methodology ………………………...........……………..……………..33
Research Method Used …………………...….………………………………………33
Population Frame and Sampling Scheme ………....…………………………..34
Description of the Respondents ………..…………........……..………………..34
Research Instruments ………………………………....………………………..……34
Sources of Data …………………………………………………………………….…..36
Data Gathering and Procedure ……….………........……………………………37
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CHAPTER 1
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Introduction
Conceptual Framework
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This framework shows the overall outline of the study. It can be expressed
by the input-process-output framework (IPO)
Survey Questionnaire
Factors of Contract Statistical Treatment Effectiveness of Contract
Management Analyzing the gathered Management
data.
Figure 1
Conceptual Framework
This framework shows the overall outline of the study. It can be expressed
by the input-process-output framework (IPO)
INPUT
- CONTRACT MANAGEMENT
PROCESS
- SURVEY QUESTIONNAIRE
- STATISTICAL TREATMENT
- ANALYZE THE GATHERED DATA
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OUTPUT
- EFFECTIVENESS OF CONTRACT MANAGEMENT
PROCESS (P) the process indicated the methods we are about to use to
meet the objective of the descriptive study through the gathering of data,
survey question, statistical treatment, and analyzing the data gathered.
OUTPUT (O) the output pertains to the factors that would help to
improve the level of Effectiveness of Contract Management to the Employees of
Property Management.
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Null Hypothesis
There is no significant effect in the Effectiveness of Contract
Management to the Employees at Adobe Management Inc. / Brio Tower
Condominium Corporation, Bayview Int'l Tower Condominium Association Inc.,
The Fort Trion Towers Condominium Corporation.
Units Owners - this study could help all the unit owners to have a better
quality of living in a well-managed property.
Board of Directors -the findings of this study would be beneficial to the
Board of Directors as to know the effectiveness of the contract management sto
the operation of the property.
Researchers- this study would help future researchers, particularly those
who are concentrating on building and property management who might want
to study Contract Management .
Definition of Terms
The definitions of terms define the words that will be encountered in the
study according to how it was used in the study by the researchers.
Contract- meeting of the minds
Customer- a person who pays the services
Environmental Changes- Application of new rules and regulations.
Human Behaviour - a person’s ability to communicate with the rest of
the employees at work in order to motivate each of them.
Operation-day to day activities.
Partners - Contractual agreement between two or more parties to
manage and operate a business together.
Parties-capable for all of the obligations within the contract.
Relationship- expectations for interactions in various positions within an
organization.
Security- data protection and monitoring of their management
information systems.
Service- to form relationships with tenants and to meet their service
needs.
Workflow Efficiency- it is the movement of work by the employees .
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Chapter 2
Foreign Literature
Employees may save time and money with an automated, digital contract
lifecycle management (CLM), which lets legal, finance, sales, and other
professionals focus on what they do best. This chapter demonstrates how
automation may shift an organization's mindset so that contracts are seen as
opportunities for operational improvement and competitive advantage. It also
demonstrates how contract insights and dashboards may be provided by
integrating CLM with business intelligence (BI) and data analytics tools.
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Contract-Management Capacity
place. This observation echoes discussion in the prior section on the importance
of government being able to effectively manage public-private relationships,
identifying it as a component of contract-management capacity. We adopt the
Yang, Hsieh, and Li approach below to organization findings from the literature
on contract management capacity. Not all measures neatly fit into this phased
approach. For example, Romzek and Johnston identify two dimensions that
correlate with better performance that are relevant across multiple phases:
“resource adequacy” and “intensive training for state contract management
staff.” First, feasibility assessment capacity (called agenda setting by Yang,
Hsieh, and Li) is defined by Brown and Potoski as “the capacity to determine
whether to make or buy the good or service (examples include hiring staff
trained in market analysis or legislative study groups to assess whether a
service or function is appropriate for contracting) process during which the
values and preferences of stakeholders are manifested and compromised.”13
Yang, Hsieh, and Li found a nuanced relationship between their agenda setting
capability and performance. Their examination of selected public administrator
self-reported data determines that increased assessment capacity is positively
associated with cost reduction but not with efficiency increase or quality
improvement. Moreover, Yang, Hsieh, and Li find that there is a time
component to management capacity, in that the cost-reduction impact of
agenda setting decreases with time.
According to Judy Mawia Itumo & Dr. Karanja Ngugi (2016) The financial
year 2015/2016 disclosed that procurements amounting to Billions of monies
were misappropriated which in turn hindered from achieving value for money in
most institutions, NGOs included which led to poor procurement performance in
terms of decreased efficiency, low flexibility, long procurement cycle times,
increased supplier defect rate and decreased customer satisfaction. Contract
management is a subject in the developed world that has been found to be a
cure to procurement scandals. The general objective of the study was to
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Work Performance
enterprise system through decreasing the time taken to create, review, execute
and approve contracts, accordingly easing sports like tracking, critical garbage
of settlement documents, and discount in disputes, decrease dangers related to
guide facts entry. Contract control is a difficulty of strategic significance to each
business enterprise and to tasks and via computerized settlement control
approach; companies can boom control, boom effectiveness, lessen value and
additionally offer strategic and aggressive advantage.
contractual clause and contracting clients with less financial capacity due to lack
of analysis in the pre-contract phase.
technical and software architectural decisions were made. A case study is used
to demonstrate the current implementation of the concept. Katharina Sigalov,
Xuling Ye, Markus König, Philipp Hagedorn, Florian Blum, Benedikt Severin,
Michael Hettmer, Philipp Hückinghaus, Jens Wölkerling, Dominik Groß (2021).
According to Jean Beuve & Stéphane Saussier this paper examines the
impact of renegotiations on contract renewals. Using an original dataset of
procurement contracts in the French car park sector, we show that there exists
an optimal level of renegotiations that positively affects the probability of
renewing a contract with the same partner. This result holds only when public
authorities have discretionary power during the awarding procedure. Such
findings suggest that what is usually interpreted as a sign of weakness –
frequent renegotiations – might well be good news that indicates that the
contracting parties can make contracts adaptable over time (Published: 02 July
2021).
Local Literature
Demographic Profile
Employee Empowerment
Improvements/ Upgrades
Chapter 3
Research Methodology
Research Method
The research used the descriptive - survey method. The descriptive
method used in the study is to identify the Effectiveness of Contract
Management in Adobe Management Inc. / Brio Tower Condominium
Corporation, Bayview Int'l Tower Condominium Association Inc., The Fort Trion
Towers Condominium Corporation.
Population
The population of the said condominiums are total of 86 that is
composed of (employees) a sample of 100 is derived using simple random
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Instrumentation
The researchers used the survey form to gather data. The survey
questionnaires were given to all employees in order to evaluate their contract
management that was used by the employees to determine their opinion and
gather relevant information concerning the effectiveness in contact
management. In assessing employees in implementation of contract
management system, the following Likert Scale was used:
Likert Scale
It is involved in the study that consists of questionnaires. It is the most
widely used approach in scaling responses on the survey questionnaire
research. When responding to a likert questionnaire item, respondents specify
their level of agreement or disagreement on a symmetric agreed or disagree
scale of a series of statements. We made a 4-point Likert Scale to compute the
respondents answer to the questions.
Level of Agreement(4)
4- Strongly Agree
3- Agree
2- Disagree
1- Strongly-Disagree
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Table I
Verbal Interpretation
Verbal Interpretation Point System Range
Strongly Agree 4 3. 26 – 4.00
Agree 3 2.51 – 3.25
Disagree 2 1.76 – 2.50
Strongly Disagree 1 1.00 - 1.75
Verbal Interpretation
The survey is composed of questions that will help us to measure and
determine effectiveness of Contract Management at (name of property) which
is a basis of the respondent to answer the questionnaire using a 4-point likert
Scale in Table I & II. The table I& II show the point of scale value and
description of the liker Scale system.
individual. While more than one individual might complete the questionnaire,
the responses are not aggregated for analysis.
With the advice of our statistician, we used the following formulas as the
appropriate statistical tools needed for the study.
1. Slovin’s Formula
n = N/ (1+Ne2),
where;
n= number of Respondents
N= total population
e= margin of error
Where;
Frequency Distribution=n/T*100%
Where;
n= number
Where;
P= percentage
F= frequency
N= number of respondents
4. Weighted Mean
This was used to interpret the degree of importance of each item in the
questionnaire. The weighted mean was used by multiplying each value to the
appropriate weight factor and the product will be summed up and divided to the
total respondents:
Where:
X= Weighted Mean
f= Frequency
X^2=∑▒((OF-〖EF)〗^2)/EF
SURVEY QUESTIONNAIRE
I. Direction: Please write the information needed inside the table below.
NAME (OPTIONAL)
GENDER
AGE
POSITION
CIVIL STATUS
EMPLOYMENT STATUS
II. Direction: For each statement please put check (/) for your corresponding answer.
The table below serves as a guide with interpretation on the provided scale.
Strongly Agree 4
Agree 3
Disagree 2
Strongly Disagree 1
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1.
2.
3.
4.
5.
2.2 PRO-ACTIVENESS
1.
2.
3.
4.
5.
monitoring contracts is a
good idea.
1. For me manual
management of contract
affect my free
time/workload..
2. For me manual
management of contract is
time consuming.
3. For me manual
management of contract
keeps me frustrated
everyday.
4. For me manual
management of contract
affects my performance.
3. For me manual
management of contract is
better especially in facing
natural disaster.
4. I believe A contract
doesn't have to be
completely breached for
damages to occur.
1.
2.
3.
4.
4.
1. I Believe Contracts
between employee and
employer are of the utmost
importance.
2. I Believe Employees
should be well aware of
what constitutes adherence
to the terms of their
contract with respect to
their performance.
3. For me it is so
important to have signing
capabilities as part of your
contract management
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process.
4. I Believe Employees
should do well to keep the
above contract
management
considerations and
recommendations in mind.
1.
2.
3.
4.
5.
1.
2.
3.
4..
5.
III. Direction: Please answer the following questions in your own ideas and opinions
on how you interpret the given question below.
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1. What is the significance of Effectiveness of Contract Management to the Employee of
property?
2. What are the strategic plan could be recommended that might improve the execution and
Effectiveness of contract Management of the property?