Contract Management is an essential element of the procurement lifecycle as it helps to mitigate risks, ensure compliance and achieve desired outcomes. It is a structured approach to overseeing contracts from initiation to execution and leads to either termination or renewal. It is an important process whether one is managing a low value short term […]
![Stages of the Contract Management Lifecycle](https://theprocurementschool.com/wp-content/uploads/2024/12/Picture-background.png)