Contracts Management
0.5% of exam
Focuses on the development, negotiation, execution, and management of contracts to ensure project success.
Key Competencies (5)
- 1
Contract Development and Negotiation
Creation and negotiation of contract terms to align with project needs and compliance.
- 2
Risk Allocation and Management
Identification and management of contractual risks and their allocations.
- 3
Contract Execution and Administration
Ensuring effective implementation and management of contract terms.
- 4
Claims Management and Dispute Resolution
Strategies and procedures for handling claims and resolving disputes.
- 5
Procurement and Subcontractor Management
Developing procurement strategies and managing subcontractor performance.

