Contract Life Cycle Toolkit

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Orchestrate Contract Life Cycle: partner with and present to Product Managers, designers, and executives to execute product initiatives.

More Uses of the Contract Life Cycle Toolkit:

  • Listen to the needs of the internal client or external customer to understand the broader context of issues that arise during Contract Negotiations and strategic initiatives.

  • Manage the relationships with vendors for Cost Effectiveness, maintain a vendor repository to ensure effective Contract management and Vendor Relationships, and ensure that Change Management procedures/methodologies are used.

  • Advise on commercial transactions, general corporate and contract Dispute Resolution.

  • Formulate Contract Life Cycle: participation in contract and account governance by establishing key business and professional relationships with appropriate delivery organizations to facilitate effective Service Delivery.

  • Drive new product launches from thE Business contract through ready to ship stages.

  • Formulate Contract Life Cycle: successful creation and administration of ongoing training related to commercial contract terms for internal clients.

  • Confirm your organization plans, directs, and performs Quality Assurance activities necessary to ensure product and Process Compliance with specifications and contract requirements.

  • Execute contract maintenance and inform customers of pricing contract changes Compare disputed invoices with original requisitions and information from invoices, and prepare invoices for credits and/or adjustments.

  • Develop Contract Life Cycle: conduct regular site visits to customer locations to ensure employees are maintaining high code of conduct standards and to ensure a high standard of quality in servicing the contract (should meet the customer 2 times each week when possible).

  • Identify Best Practices as part of source to contract process and enable Knowledge Sharing among Supply Chain stakeholders.

  • Methodize Contract Life Cycle: along with the Project Team, perform Due Diligence of potential new contractors confirming the technical and commercial where with all to take on and successfully complete contract requirements.

  • Steer Contract Life Cycle: she/he establishes and monitors contract performance based on standardized Service Level Agreements (SLAs) and Key Performance Indicators (KPIs), to improve vendor performance.

  • Assure your business provides additional support to direct customers on a contract basis, generally related to personnel and contract security.

  • Increase organization revenue through contract renewals, referrals and service expansion, cross selling services and maintaining delivery quality to achieve profit goals and meet budgets.

  • Provide Technical Support to operations, technicians and contract and Maintenance Management to advise, present and implement initiatives.

  • Standardize Contract Life Cycle: direct and lead collaboration between Enterprise Systems and procurement, legal, and finance organizations to maximize contract value and Mitigate Risk.

  • Confirm your venture develops Policies and Procedures to ensure that client contract specifications are fulfilled.

  • Drive performance improvements and partner with the Contract Manufacturers to improve agility and maintain high levels of service.

  • Steer Contract Life Cycle: part of your responsibility is to ensure client satisfaction, retention, contract renewals, revenue maintenance and revenue enhancement through the relationships established with client personnel.

  • Supervise Contract Life Cycle: partner with operations team by providing management, detailed instruction and continuous follow up to support the operations teams in standardized RFP/bid and contract processes.

  • Collaborate with Corporate Services on vendor strategy considerations, selection and Contract Negotiations, providing data, knowledge and feedback on vendor operations from thE Business perspective.

  • Organize Contract Life Cycle: development of Key Performance Indicators (KPIs) based off contract requirements and strategic goals.

  • Ensure your operation develops Manufacturing Processes and equipment at Contract Manufacturers and internal operations facilities.

  • Initiate Contract Life Cycle: Risk Assessments, cloud workgroup meetings, Contract Negotiation, develop standards and policy related to cloud, Machine Learning, AI and Big Data.

  • Serve as contact point for contract warehouse operations to escalate issues associated with warehouse performance to resolve short term exceptions and coordinate with Logistics specialization to perform Root Cause Corrective Action analysis.

  • Ensure your group assess liquidity needs related to foreign exchange contract settlement and provide estimates for forecasting.

  • Direct Contract Life Cycle: direct client procurement and Account Management, developing sales packages and strategies, contract development and implementation.

  • Ensure you conduct; lead consulting engagements, managing client expectations and engagement staffing, issues and risks, contract Change Control, internal operational processes.

  • Negotiate contract renewals, place bids to obtain thE Business of new vendors, consider pricing, and monitor all aspects of the terms of a contract.

  • Drive Operational Excellence and appropriate Risk Mitigation through the identification and management of the requisition and contract processes, Risk Assessment and Vendor Management process.

  • Bring to life the needs, behaviors and motivations of the customers for whom designing.

  • Develop product use cases and functional requirements in partnership with all stakeholders for new products, product enhancements and product combinations.

  • Lead measurable results by implementing and monitoring comprehensive safety and risk improvement plans of complex, technical, and dynamic nature.

 

Save time, empower your teams and effectively upgrade your processes with access to this practical Contract Life Cycle Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Contract Life Cycle related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Contract Life Cycle specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Contract Life Cycle Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Contract Life Cycle improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. Are Risk Management tasks balanced centrally and locally?

  2. Can you measure the return on analysis?

  3. Does the Contract Life Cycle task fit the client's priorities?

  4. Who are the Contract Life Cycle decision makers?

  5. Have you defined which data is gathered how?

  6. How do customers see your organization?

  7. Have you achieved Contract Life Cycle improvements?

  8. What are your operating costs?

  9. Is Contract Life Cycle documentation maintained?

  10. How important is Contract Life Cycle to the user organizations mission?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Contract Life Cycle book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Contract Life Cycle self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Contract Life Cycle Self-Assessment and Scorecard you will develop a clear picture of which Contract Life Cycle areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Contract Life Cycle Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Contract Life Cycle projects with the 62 implementation resources:

  • 62 step-by-step Contract Life Cycle Project Management Form Templates covering over 1500 Contract Life Cycle project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all Contract Life Cycle project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the Contract Life Cycle Project Team have enough people to execute the Contract Life Cycle Project Plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Contract Life Cycle Project Plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

 
Step-by-step and complete Contract Life Cycle Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


2.0 Planning Process Group:

  • 2.1 Contract Life Cycle Project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 Contract Life Cycle project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 Contract Life Cycle project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Contract Life Cycle project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Contract Life Cycle project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Contract Life Cycle project with this in-depth Contract Life Cycle Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Contract Life Cycle projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based Best Practice strategies aligned with overall goals
  • Integrate recent advances in Contract Life Cycle and put Process Design strategies into practice according to Best Practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Contract Life Cycle investments work better.

This Contract Life Cycle All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.