As discussed in Part 2 of this Guide, irrespective of the size, nature and duration of the contract, a contract management plan is a useful tool to assist in managing and administering the contract, including risks to the success of the contract. Such a plan may be a checklist or a formal plan that addresses in detail the issues discussed in this part of the Guide.
As noted earlier, much of the work required to develop the contract management plan can and should have been done at the time the contract was being developed. Thereafter, the plan should be routinely reviewed and updated.
Example Contract Management Plan templates are at the end of this Guide.