Skills Gap Analysis (Procurement Assessments Australia)

  While modern business environment continues to grow complex and demanding at each step, contract management remains one of the critical aspects for overall success. At Skills Gap Analysis, we believe that ef fective contract management skills are crucial for operational success. What is c ontract management ? It’ s the systematic process of overseeing agreements from creation to completion . The process of contract management ensures maxim um value at minim um risk. It encompasses negotiation, execution, and performance monitoring of commercial agreements. Throughout the lifecycle of a particular contract, the process involves compliance maintenance, deliverables tracking, and relationship management. Core Components Successful contract management takes much more than basic administration . S trategic planning and risk mitigation form important components of the process. S trong analytical abilities, effective communication skills, and an eye on detail are the co...