The Significance of Crisis Communication and Dispute Resolution in Contract Management

This Skill Bit explores the critical role of crisis communication and dispute resolution in contract management, emphasizing that unforeseen issues can arise even with well-drafted contracts. It highlights the significance of implementing robust strategies to address crises and disputes, covering the challenges and best practices involved. Additionally, it underscores the importance of effective crisis management and dispute resolution to protect business interests, minimize legal costs, and maintain a positive reputation amid challenges like delays, breaches, and scope changes.

Duration approx. 3 Min.

Tier: advanced

A part of Communication Strategies in Contract Management course.