April 2004
Beginner to intermediate
256 pages
8h 58m
English
Pick the proposal that best meets your project’s needs, and finalize the selection by involving individuals on both sides who are empowered to enter into a binding legal agreement.
Negotiating contracts (or purchase orders, subcontracts, memos of understanding, or other agreements) for projects requires setting terms and conditions aligned with project work. Document what you agree to in a formal contract and describe all responsibilities in the contract by name. Include incentives and penalties based on performance when necessary, and use pre-established contracting forms whenever possible to comply with your organization’s standards and to simplify and shorten the approval process.
Check the contract for an ...
Read now
Unlock full access