The contracting process is therefore, barring anything else, an excellent way to flush out and make transparent all aspects of the service supply or delivery agreement, many of which are generally considered “acquired,” as a general rule, including many false or incompetent assumptions on both sides. A good trade agreement avoids such risks. A second, very interesting point was raised by a reader regarding the results of the “market conduct” process, which contributes to the “Develop Project Charter” process. The answer lies in the fact that the “project” referred to in the project charter is not the same as the project for which the buyer proceeds with the acquisition (the set), but the (partial) project assigned to the contractor (the party). That is, I think, what Mr. Fahad Usmani means when he says, “You can go for any purchase contract with the contractor that can trigger the production of the project charter,” and I agree with him, because the PMBOK mentions that the field of project management knowledge meets the needs of the parties sitting on the BOTH table pages. , although it essentially neglects the contractor`s interests. I am a contract management consultant and also a faculty and fellow of the Indian Institute of Materials Management, having been sitting on both sides of the table for more than half a century. I insisted that contract management (which deals with specific aspects of contract management from the contractor`s perspective) should also be added as a separate area of knowledge.
S.S.V.RAGHAVAN PMP Responsibility for establishing a good professional delivery contract may lie with the supplier or customer, although service contracts with private consumers have a clear responsibility for the supplier to act within the applicable consumer law, which requires that certain contractual obligations be firmly imposed on the supplier. In other words, service contracts and agreements should be simple and useful – you may not have to include all the points listed below if the business is relatively small and you have good trust in customers. There are three subtypes of fixed-price contracts, each of which is the best for certain situations. Trade agreements are called many different things; including: delivery contracts, service agreements, service contracts, management contracts, service contracts, commercial contracts, delivery contracts, delivery details, service details, service schedule, service plans and as well as any other permutation of those words you wish to create.