1.4  Where do I start?

Developing and implementing a contract management strategy for a Partnerships Victoria project can be a complex task requiring significant resources. However, completing this task early has significant benefits, as effective contract management assists the government party to achieve the value for money and project outcomes agreed upfront in the project deed.

The diverse nature of Partnerships Victoria projects requires a range of contract management strategies to manage a wide variety of risks that differ in likelihood and severity from one project to another. For instance, the scope of services and number of KPIs is different across projects. Consequently, this guide is a starting point to assist contract managers ask the right questions as they develop and implement effective contract management strategies in Partnerships Victoria projects.

Existing Partnerships Victoria contract managers are very useful sources of information to assist develop both procurement documentation and contract management strategies.

The contract management strategy should be developed and implemented through steps, as outlined in Figure 1.1.

Figure 1.1: Steps for developing and implementing the contract management strategy