Common use of CONTRACT MANAGEMENT LIFECYCLE Clause in Contracts

CONTRACT MANAGEMENT LIFECYCLE. The lifecycle begins with setting direction, high-level objectives and policies for the Municipality. This leads to the identification of needs of the Municipality that can be fulfilled by acquiring goods, works and / or services to fulfill the need. Once the service is acquired, Contract Management comes into effect. An ongoing analysis of municipal needs is critical to ensure that goods, services and works provided are what the municipality really needs. An effective Contract Management life cycle constitutes planning, contract arrangement, administration, performance management and close out.

CONTRACT MANAGEMENT LIFECYCLE. The lifecycle begins with setting direction, ; high-level objectives and policies for the Municipality. Municipality This leads to the identification of needs of the Municipality that can be fulfilled by acquiring goods, works and / or and/or services to fulfill fulfil the need. Once the service is acquired, Contract Management comes into effect. An ongoing analysis of municipal needs is critical to ensure that goods, services and works provided are what the municipality and entity really needsneed. An effective Contract Management life cycle constitutes planning, contract arrangement, administration, performance management and close out. Figure1 below is an illustration of a typical contract life cycle.

CONTRACT MANAGEMENT LIFECYCLE. The lifecycle begins with setting direction, ; high-level objectives and policies for the Municipality. This leads to the identification of needs of the Municipality that can be fulfilled by acquiring goods, works and / or services to fulfill the need. Once the service is acquired, Contract Management comes into effect. An ongoing analysis of municipal needs is critical to ensure that goods, services and works provided are what the municipality and entity really needsneed. An effective Contract Management life cycle constitutes planning, contract arrangement, administration, performance management and close out.