Management Exam Q&A 100% Solved
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Contract Management - ✔✔The entire process from planning through
contract administration
Contract Manager - ✔✔oversees & manages the entire process -
• Project planning & budget
• Specific development
• Review & evaluation of solicitation responses
• Assuring contract rates/pricing are within budget
• Contract award
Contract Administrator - ✔✔responsible for the post award functions
• Relationship management
• Implementing & monitoring vendor performance 7 contract compliance
• Approving payments
• Managing contract changes
The 3 O's Approach - ✔✔outline, operate and oversee
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