Aditya Chinni, PMP

Project Management made easy!!

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12.5 Contract Administration
 
Project Procurement Management
(Based on PMBOK 3rd Edition. For PMP Certification Exam preparation) 
 
12.5 Contract Administration
InputsToolsOutputs

Contract
Contract Management Plan
Selected Sellers
Performance Reports
Approved Change Requests
Work Performance Information

Contract Change Control System
Buyer-Conducted Performance Reviews
Inspections and Audits
Performance Reporting
Payment System
Claims Administration
Records Management System
Information Technology

Contract Documentation
Requested Changes
Recommended Corrective Actions
Organizational Process Assets (updates)
Project Management Plan (updates)
- Procurement Management Plan
- Contract Management Plan

 

 Contract Administration is important function of Procurement management and as a Project Manager you have greater responsibilities to manage activities under this process. You the Project manager needs to monitor the progress of your investment and see if you are getting what you are paying for.

Requested changes to the contract and Recommended corrective actions are 2 of expected out come of this process. Tools like Change control system helps to monitor this process. As I have been explaining all along Changes need to be monitored all across either for schedule, or for scope or for costs or contracts. Those needed to be evaluated thoroughly and see how they are affecting other aspects of the project. Should be well documented and should be approved by key stakeholders.

In the following image “Control Change” covers CCB, the Change Control Board gate keepers of inflowing changes. Even though the change is great and wonderful, the impact on the project needed to be assessed first.

 

 

 

Typically Project Manager will be performing following jobs depicted in the picture