Contract Management

CONTRACT MANAGEMENT

The Special Interest Group Contract Management (CM) aims to provide an informal network for contract managers from companies participating in DACE.

Objectives

  • To improve collaboration between partners in the value chain – asset owners, consultants, engineers and contractors – by increasing mutual understanding of each other's contractual positions;
  • Where possible, to share, elaborate on and develop contract management techniques, tools and methodologies to reduce the costs of failure in projects;
  • To share lessons learned, best practices and new developments with the DACE network and other sectors of industry.

Dilemmas and Resulting Rules of Conduct

  1. Contract managers represent companies within the value chain and sometimes find themselves on opposing sides in conflict situations in their daily work:
    • We therefore do not discuss ongoing disputes or contracts!
  2. Contract managers sometimes represent opposing parties, such as clients outsourcing work and contractors undertaking that work:
    • We therefore do not discuss ongoing tendering procedures!
  3. Contract managers are sometimes competitors who also collaborate in commercial processes:
    • We do not exchange experiences relating to a specific company or details of a specific commercial process!
  4. In view of the dilemmas outlined above, we treat all information as confidential and do not share it with third parties outside the SIG without prior consent!

Programme

SIG Contract Management aims to meet at least twice in a small group to explore a particular topic in greater depth and potentially share the findings more widely during a joint meeting.

We welcome more contract managers and others involved in contracts within industry!

Partners

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