Loading...
 
 

Tackling the weaknesses in Contract Management Pitfall 1: Lack of clarity in scope and goals

Published: 23 May 2016 Average Rating: 4.5 / 5 Print
 

Author: IACCM

This is the first in a series of reports that will address 'the top ten pitfalls in contract management'.

The ten pitfalls were initially identified from IACCM research undertaken in 2014 and subsequently validated through a series of executive roundtables and specific audits within member organizations. They represent the areas in which weaknesses in the contracting process cause revenue losses and / or cost overruns, as well as broader performance shortfalls that may result in damage to market reputation.

More than 700 organizations participated in the work that underlies the ten pitfalls. Approximately 300 contributed to this more detailed study of the first pitfall - lack of clarity in scope and goals.

 

This content is only available to members.

Register Now   Sign In
 

Related Discussions

Please sign in or register to post on this forum

Looking For A New Opportunity
2019-02-01 22:12:02

Visual contracts to support collaborative contracting

During the IACCM Australasia Conference in Sydney Australia back in 2016, I was introduced to a new mindset in commercial contracts, namely, 'collaborative contra...
 
 
 
Replies: 2

Defence Contracts Experts Ltd
2018-09-10 08:19:56

More dates please!

Unfortunately I can't make any of the dates for the Performance and Outcome Based Contracts course and I'd love to do the entire 4-day package - will IACCM b...
 
 
Replies: 1
Anonymous
2017-05-03 06:47:34

Transfer of Risk versus transfer of title

Hi Could someone please throw some light on the difference between the two concepts and their repercussions?
 
 
 
 
Replies: 3
Anonymous
2016-07-14 14:49:05

contract review to ensure terms comply with regional customs

I am interested in having my agreements reviewed to make sure they comply with regional UK, Hong Kong and China laws and customs. I would like this review to identify ...
 
 
 
Replies: 2

Embraer S/A
2019-03-11 15:02:14

Government vs Private Contracting - Training

I am a commercial pilot with a Bachelors Degree in Aviation that decided not to fly, but rather work on the business/office side of aviation. Therefore, I tend to thi...
 
 
Replies: 1
Anonymous
2019-02-20 08:20:29

BID BOND (TENDER BOND) BEST PRACTICE

Bid Bond (Tender Bond) submission is one of the main requirements for most types of tenders, to assure the real interest of the bidders to participate on that bid. W...
 
 
Replies: 1

Occidental Petroleum Corporation
2019-02-12 17:17:02

Cloud Contracting

I am interested in perspectives on various issues and contracting approaches for the use of cloud services, particularly from niche providers who may, in-turn, actuall...
 
 
Replies: 1

General Electric
2019-02-11 10:18:29

Does a Contract/Commercial Manager require a Law Degree?

Hello All, I have been working as a Commercial Manager for 6.5 years, responsible preparation and negotiation commercial contracts for high value complex transactions(...
 
 
 
 
 
 
Older entries »
Replies: 5