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consequences of contract admin problems.pdf

  • Library: Purchissues
  • Year Created: 2021
  • File Type: PDF
The document delves into contract administration problems and their consequences across various contract types, particularly emphasizing challenges in construction contracts. It points out common issues like change orders and delays, leading to increased costs, project delays, and potential termination. Proactive procurement planning is highlighted as crucial, focusing on identifying probable problems and their impacts to mitigate risks effectively. The evolving role of procurement professionals towards strategic decision-making and prioritizing successful project completion is also discussed. The research aims to aid procurement professionals in anticipating and effectively addressing contract administration challenges.
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