H.7.10  The three steps to developing a contract management strategy

Developing and implementing a contract management strategy should start at an early stage during the procurement process so that contract management requirements are included in the draft contract developed by the government party. In particular, an effective performance monitoring regime requires reporting obligations to be included in the contract. The strategy should be developed and implemented through three steps.

Figure H‑4:  Three steps for developing and implementing the contract management strategy

Each of these steps relies on the essential processes of information collection, analysis and management.

Having identified the appropriate tools and processes, resources and time constraints, the contract director should collect and analyse information in a structured form so that the contract management tools and processes can be developed. The central task in this process is to identify and analyse the key risks to the project's success.