Smart Contract management is the key to efficiency, time saving and success
Contract Management and Administration is the process of managing the end-to-end contract lifecycle to ensure that all parties meet their contractual obligations. Our proven Contract Management and Administration Methodologies enable us to provide our Clients with early advice on how to manage their contracts and to achieve project goals in conformity with the contract documents. We provide comfortable contract management solutions for projects of all sizes.
One of the most important PMIS pillars in contract management that We obligate to our Clients mutual trust and understanding, openness, and excellent communications as an important to the success of an arrangement as the fulfillment of the formal contract terms and conditions.
PMIS team has the capability to operate and provide practical services across all phases of project lifecycle from initiation to execution and closure as follow:
- Analysis of requests for proposals and contract terms
- Contract analysis and risk assessment in pre-tender phase
- Compiling internal and external agreements
- Supporting Client’s team in contract negotiations
- Monitoring of contractor’s performance against his contractual obligations.
- Support of the acceptance/ approval process of reports and deliverables.
- Management reporting for contract implementation status.
- Handling of change requests and support in contract modifications.
- Management of contract documentation.
- Assistance in claims management.
- Assistance with litigation, and dispute resolution.
- Support of the dispute resolution process.
- Support of the contract closure process.
By implementing guidelines application through the following Six Stages of the Contract Management Lifecycle, PMIS provide benefits for efficient Contract Management process.
- Contract Creation
- Contract Negotiation and Collaboration
- Contract Review and Approval
- Contract Administration and Execution
- Ongoing Contract Management and Renewal
- Contract Reporting and Tracking
- Improved quality of service and customer focus.
- Greater value for money and cost control.
- Reduced crisis management.
- Decreased level of risk.
- Effective implementation in relation to risk
- Continued improvement through incentive based contracting and risk sharing.
- Early identification and resolution of poor contract performance and associated problems
- Controls over performance, costs, and standards
- Identification of areas of improvement to benefit the future contracts.