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.

Download the cycle to use in presentations and share with peers on social media.

Download the additional CIPS contract management tools to help manage contracts, performance and termination.

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1 Plan 2 Stakeholders 3 Administration 4 Relationship 5 Performance 6 Payment 7 Risk 8 Contract 9 Development 10 SRM 11 Exit 12 Asset
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