Technical and operational performance of contracts, Other Management

Assignment Help:

Monitoring  and  Controlling  Technical  and  Operational Performance of Contracts (Contractors)

Monitoring and controlling of a contract being executed by a contractor should focus on the deliverables in regard to time, cost and quality. Projects are invariably carried out by awarding several contracts and for each contract, the same salient deliverables apply. In this section, we will focus on the performance management of the contract from the owner?s  (your) point of view since you are the direct beneficiary of the deliverables. You should  therefore focus on  the monitoring  and controlling  of  contractor?s deliverables as per the contract, as opposed to getting involved in the nitty- gritty of the planning and implementation aspects which is the contractor?s scope of work.

Effective performance control of a contract encompasses both the pre- contract award and the post-contract award phases. For the purpose of discussion in this section, we refer to the pre-contract award phase as the contract formation phase, and the post-contract award phase as the contract administration phase (by administration, we mean monitoring and controlling of project).

The administrator you choose for contract management must be involved even at the stage of contract formation, so he is aware of all the aspects affecting the contract implementation. In other words, contract administration begins with signing  of  the contract  documents,  continues throughout the performance period and ends with the formal termination of the contractual relationship.


Related Discussions:- Technical and operational performance of contracts

Sampling error and sampling bias, SAMPLING ERROR AND SAMPLING BIAS: Sa...

SAMPLING ERROR AND SAMPLING BIAS: Sampling error may  be  deiined  as the difference between  data obtained  from random sample and data  obtained  from  entire population.  E

Healthcare concept, #queYour role is to create a training presentation for ...

#queYour role is to create a training presentation for 2-3 of the tasks in the list below that could be used in Kyosha Valley''s Medical Facilities training. Think outside the box

Arranging personnel - library management system, Arranging Personnel: ...

Arranging Personnel: Planning for  document  selection should also cover the personnel  or human factor. The people involved  in the selection process are the librarian, the a

Linear programming, a company makes two types of sofas, regula and long, at...

a company makes two types of sofas, regula and long, at two locations, one in hickory and one in lenoir. the plant in hickory has a daily operating budget of

Describe how you can enter tasks in ms project, Question 1 In order to inc...

Question 1 In order to include the cost aspects in the project scheduling, it is very much essential to first define the cost-duration relationships for various activities in the

What are the duties of a confidential secretary, QUESTION 1 "Values dri...

QUESTION 1 "Values drive behaviour". Discuss with reference to- (1) virtuous values and behaviour (2) how an ethical culture can be developed at the workplace? QUESTI

Hacker, Hacker Hacker is one who delights in having an intimate underst...

Hacker Hacker is one who delights in having an intimate understanding of the Internet workings of a system or computers and computer networks in particular.

Simplest transporting devices, The simplest transporting devices are wh...

The simplest transporting devices are wheel barrows and hand trucks. These are still in use in number of small industries all over the country. Figure (a) shows a ha

Investment management, You are a manager in the investment industry, whose ...

You are a manager in the investment industry, whose role is to provide investment portfolio advice and managementto a client, who is your investorprincipal. You should identify t

Assigning the class and book number - library classification, Assigning the...

Assigning the Class Number: Once the specific subject is formulated, assigning the correct Class Number can be done with the help of the classification scheme. But this process c

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd