Contract Management Process Playbook

This detailed playbook provides contract managers, legal counsel, and stakeholders with a structured framework for managing contract processes.
It includes:
– Step-by-Step Process Flow: Outlines essential subprocesses such as Contract Preparation, Contract Negotiation, Contract Execution, and Contract Monitoring, with clear actions, decision points, and error-handling procedures to ensure the smooth development, negotiation, and monitoring of contracts throughout their lifecycle.
– RACI Framework: Clearly defines roles and responsibilities for each task in the contract management process, ensuring that project managers, legal counsel, and stakeholders are accountable and engaged at every stage.