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Building a Business Case For Contract Management Part 3 - Improved Risk Management

The third and final part in our series of three thought leadership papers around building a business case for contract management

Bravosolution Partner by BravoSolution  on 09-Sep-2013 
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Improved Risk Management


In this paper we look at the risks inherent in most major contracts. They include risks under various headings, which we define here as performance risk, commercial risk, reputational risk and strategic risk.  Peter Smith describes how effective contract management can generate real value by helping to mitigate, manage or remove these risks. He details how identifying and quantifying the issues, and understanding how contract management can change that risk profile, forms the second major element of the business case. 


 

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