Contract Management Cycle
What is the Contract Management Cycle?
Contract management and the associated performance is a continuous procurement process that ensures suppliers and buyers adhere to their agreed contractual obligations along with negotiating any future changes that need to take place until such a time that termination is required.
To create a smooth end-to-end process, CIPS has developed a highly effective Contract Management Cycle model to ensure optimum scoping, planning, implementing, managing and reviewing. This can help you add value to every project and understand key roles and responsibilities.
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Download the additional CIPS contract management tools to help manage contracts, performance and termination.
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