The real risk in contracting occurs during the execution phase, yet it seems like we invest most of our time at the pre-award stage. Ensuring a smooth transition from pre-award to post-award can help you avoid risk, cut costs and find value in your contracts.\r
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Whether it's through the use of technology to improve communication at the pre-award stage or whether it's through increased transparency, the handover can make or break your contracting relationships. Knowing what each parties' obligations are and who is accountable for what, will not only lead to a more effective execution but it will also help reduce contract erosion.\r
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In this session, CM experts and IACCM educators will walk you through the key stages within the contracting process to show you how the most effective organizations manage the post-award process.\r
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We'll look at:\r
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The handover\r
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- Ensuring that the knowledge of the pre-award team is shared with the post-award team\r
- Scaling the post-award team to deliver against the requirements of the contract\r
- Looking at the revenue profile and avoiding any unnecessary costs\r
- Determining risk sharing in Subcontracts and PO's to support your project\r
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Post-award execution\r
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- Tracking and assessing contract obligations\r
- Responding to jeopardy - what may detract from your ability to execute\r
- Change management\r
- Dismantling disputes before they flare up
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