The progress of work needs to be constantly monitored and tracked for the outsourced work. Also, change management is crucial and might require updating the contract in the light of new developments in the project.
The goal at this stage is to ensure that the scope of the work in the contracts/subcontracts progress as planned.
Execute contracts (post award) at a glance
Click a business goal to view the associated learning path:
Continuous tracking prevents late surprises and is essential for proper risk management. It is even more important in case of outsourced work.
Depending on the technology you are using currently for Smart Materials, you can take the respective learning path:
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Explain how contractors can track and manage the work progress |
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Track the schedule of values and labor details for a contract |
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Explain how contractors can track and manage the work progress |
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Change management is an integral part of any project management work. It often requires, updating the contract to reflect scope or schedule changes. Smart Materials makes it very easy to engage with the contractor during such changes.
Depending on the technology you are using currently for Smart Materials, you can take the respective learning path:
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Explain how contractors can manage change order requests from their side |
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Create a change order after a change order request is approved |
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Explain how contractors can manage change order requests from their side |
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Contract administration is important from legal point of view. It involves tracking conversations and requests for information.
Depending on the technology you are using currently for Smart Materials, you can take the respective learning path:
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The following work process diagram provides a complete picture of the process:
