ATE - IT Contract Lifecycle Management: Cradle to Grave and Selected Best Practices

The discipline of Contract Lifecycle Management (CLM) has become an essential tool in support of IT leadership's business obligations. Why? Because contracts are critical to an IT organization's ability to drive down costs, minimize legal, regulatory and financial risk, and maximize value of assets over the entire contract life.In practice, many organizations focus primarily on the contract negotiation and execution front-end but fail to pay similar attention to the lifetime management of those contracts. As a result they are often unable to realize contracted benefits and incur needless risk and cost exposure.The session will review the essential CLM components, and describe best practices and how CLM benefits can be achieved independently or as a complement to an overall ITAM strategy.Topics include: CLM defined What are the industry and business drivers for CLM? What are the core CLM accountabilities and interdependencies? What are the 'Top 12' foundational practices for CLM success\r
Our Expert:Sherry Irwin, Technology Asset Management Inc.Sherry Irwin has more than 28 years of experience in IT asset management (ITAM), including license, contract and vendor management, across a broad spectrum of industries. She is widely recognized as a pioneer, expert, evangelist and educator about ITAM best practices, based on years of practitioner and client experience.Lifecycle management of contracts (and vendors) for IT products and services is integral to ITAM, and an increasing focus within this maturing discipline.In addition to her consulting practice, Sherry developed and conducts a series of educational seminars on IT asset, license, contract and vendor management, and is mentor to numerous IT asset managers in defining, learning, and executing their ITAM accountabilities, including contract and vendor management.Sherry is a former Gartner consultant and a former advisor to clients of Giga Information Group's research and advisory service, as a Giga Expert and consultant.