Contract Management Blog

In a recent blog post, we discussed the importance of taking steps towards improving the statement of work of any contract to improve your contract management process. It showed that the more detailed the SOW is, the lower the probability will be that a project will run over budget or timeline.

While it is important to minimize the potential risks of your contracts, it’s also important that you don’t miss great opportunities for the fear of risk. Like hockey legend Wayne Gretzyky said, “You miss 100% of the shots you don’t take”.

1. Establish a SOW checklist…

Launched in October 2013, HealthCare.gov is a healthcare exchange website created by and operated under the United States federal government. Completely disregarding the politics behind the website, it stands as an important case study in both project management and contract management.

4 Ways to Improve ROI from Your Contracts

One of the classic readings in contract management within the government is Richard D. Lieberman and Jason D. Morgan’s The 100 Worst Mistakes in Government Contracting. This book provides detailed account of the mistakes that government contractors should avoid at different stages of the government contract lifecycle.

If you think that any communication happening via email is too “informal” to hold up in court, think again.