Benefits of effective contract management and negotiations

ENC Consulting has extensive experience and expertise in contract management and contract negotiations.

  • Detailed review and analysis of contracts
  • Development of recommendations to ensure that all risks are understood and covered in contracts
  • Provision of contract templates which can be easily customised in-house
  • Contract negotiation advice and support during negotiations
  • Ongoing management of contract claims and variations
project management

Effective contract management is crucial

Organisations in both the public and private sectors are facing increasing pressure to reduce costs and improve financial and operational performance. New regulatory requirements, globalisation, increases in contract volumes and complexity have resulted in an increasing recognition of the importance and benefits of effective contract management.

The growing recognition of the need to automate and improve contractual processes and satisfy increasing compliance and analytical needs has also led to an increase in the adoption of more formal and structured contract management procedures.

The ENC Contract Management process includes

  • Identify and manage risks
  • Identify and assign responsibilities
  • Identify and access the skills and experience required
  • Identify and involve stakeholders
  • Manage relationships
  • Manage contract start up
  • Administer the contract
  • Manage contractor performance
  • Negotiate contract variations
  • Manage contract disputes
Strategy is critical

Business Strategy

Conditions for successful contract management

It is worthwhile noting that contract management and contract negotiations are successful if:

  • Your expected business benefits and value for money are being achieved
  • Your supplier is co-operative and responsive
  • Your organisation understands its obligations under the contract
  • Your organisation has no surprises therefore reducing disputes
  • Your organisation has processes in place for a professional and objective debate over changes and any issues arising.
  • Your organisations efficiencies are being realised.

About ENC Consulting

ENC Consulting Group is a multi-disciplined group based in Perth, Western Australia providing Client Project teams, Commercial support and Project Management personnel both locally, nationally and internationally. Our knowledge and first-hand experience in managing a wide range of issues in mining, energy and renewables, construction and power settings provides clients with advice that is experienced based, pragmatic, project specific and meets or exceeds clients expectations.