Contract Management Process

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This Skill Bit talks about the contract management process, which entails planning, creation, execution, monitoring, amendments, dispute resolution, and closure. It begins with defining objectives, drafting clear terms, executing the contract, monitoring performance, resolving disputes, and closing the contract upon fulfillment of obligations. Each step is vital for a successful outcome.

Duration approx. 3 Min.

Tier: basics

A part of The Fundamentals of Contract Management: Onboarding for Professionals course.