Author: Tim Cummins, Jonathan Dutton
A recent survey by IACCM indicated that the average cost of poor contracting is 9.2% of an organisation's annual income - and even higher for large capital projects, up to 15% of the contract value. And a 2013 study by the European Commission discovered that 65% of major projects 'fail' or severely under-perform, with average cost overrun of 80%.
Yet much of this failure can be eradicated through improved Contract Management and better commercial process and practices.
Through a series of workshops to augment their survey, desk research and own experiences, IACCM have identified TEN issues, or critical 'pitfalls' that most frequently lead to poor performance in service contracts.
Join the CEO of IACCM, Tim Cummins, and Jonathan Dutton for this webinar broadcast live from the Connecticut in the US, as he explains the ten most common contract management pitfalls unearthed by the research, as well as the SIX ways we can proactively turn these ten pitfalls into ATTRIBUTES of a successful contract management strategy.
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