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The areas to be considered while monitoring and controlling a contract are wide spread. They are:
Physical mobilisation: In this stage, the contractor gathers people, materials and equipment to begin his work. You should mobilise personnel (contract manager), systems and equipment required to manage the contractor?s performance. This has to happen immediately after contract award. The contract manager hired focuses on the following in this stage:
Typical submittal comprises: This includes:
You should realise importance of a good contract records, as these records will greatly facilitate:
S t rategy-Implementing and strategy-making value The CoP gives value through the ability to develop the new strategies as well as implement the existing ones. The CoP, on th
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role of managerial economist
Advantages The machine-readable catalogue performs, all the functions of a library catalogue with greater efficiency and speed than any other form. We shall spell out theseadva
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