Contract Management


This concept describes different types of contracts, effective contracting methodologies and the benefits of contract management activities.

Technique Overview

Contract Management Definition

Contract management is the process of systematically and efficiently managing contract creation, execution and analysis for maximising operational and financial performance and minimising risk (CIPS: Contract management guide:3)

Contract Management Description *

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Business Evidence

Contract Management Strengths *

Contract Management Weaknesses *

Examples of Contract Management *

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Business Application

Contract Management Implementation *

Success Factors of Contract Management *

Measures of Contract Management *

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Professional Tools

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Further Reading

Contract Management Web Resources *

Contract Management Print Resources *

Contract Management References (4 of up to 20) *

  • Aberdeen Group (2007) Contract lifecycle management and the CFO. April 30th.
  • Brown, T.L and Potoski, M (2003) Managing contract performance: A transaction costs approach. Journal of Policy Analysis and Management, Vol.22(2), pp.275-297.
  • CIPS: Contract management guide.
  • CIPS: Good practice in writing contracts.

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