PFW Consulting

For each contract there are a number of steps that need to happen before the contract can be finalized, various elements that can be made part of the contract, and ways to manage the contract from start to close out.  The list below has some of the steps and elements that I have used to manage a large number of contracts.

• Bid Analysis
• Budget (Fixed, Time & Material or Unit Based)
• Change Orders (Change Notifications)
• Close Out
• Conflict Resolution
• Customer Satisfaction Index
• Early Termination
• Inflation Adjustments
• Invoice and Budget Tracking
• Lessons Learned
• Master Service Agreement
• Outsourcing Strategy
• Payment Schedule (Time & Material, Unit Based or Milestone)
• Payment Terms
• Pre-approved Vendor List
• Reconciliation of Invoices and Budget
• Request for Information (RFI)
• Request for Proposal (RFP)
• Scope of Work/Project Specifications
• Training
• Vendor Audits
• Upfront Payment