Contract Management Strategy

by Sara Cullen

As organizations increasingly move toward contracting for the provision of services, contract management is becoming one of the core activities of overall business management. The use of outsourcing does not imply less effort in managing IT, only a different emphasis. This Executive Report by Dr. Sara Cullen is designed to help you prepare a contract management strategy, which is your plan for how you want to manage your outsourcing agreement. Do this early in the outsourcing lifecycle and you will also end up designing a superior contract -- one that will work in practice.