H.4 Contract management through the project lifecycle
Given the long-term duration of PPP projects, it is inevitable that the physical, business and technological environment in which a project operates will change over the life of the project. In addition, the project itself will pass through a number of stages and significant events. Each lifecycle stage and significant event involves particular risks and provides opportunities for the government party to implement particular control and mitigation strategies. The government party must ensure that its contract management strategy evolves through these lifecycle stages and change processes and is adapted to particular circumstances.
| Effective contract management must take account of and adapt to changing circumstances and significant events through the project lifecycle. |