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Contract Management

An important aspect of the challenges that must be addressed during the development of Contracts/Projects originates from their pre-investment phase, highlighting the clear importance of involving experienced professionals in these processes at an early stage.

Project/Contract Development in various fields, including mining, energy, and construction, requires a significant amount of time to generate agreements, both for goods and services. These agreements must be formalized through contracts that establish commitments among parties, including owners, contractors, subcontractors, and other suppliers.
One key to avoiding complications during the execution of a contract lies in its formation stage, where the scope of the agreement must be clearly defined. This involves formalizing what should be done and, similarly, what should not be done, acceptance requirements, KPIs (Key Performance Indicators), contributions, battery limits, responsibility matrices, communication, among other aspects.
In this scenario, efficient and professional contract management takes on significant importance, becoming a critical success factor for achieving goals and objectives.
Proper contract management during project development can turn an unprofitable project into a profitable one.
Within the scope of Contract Administration, we may include, but are not limited to, the following activities:

Involvement during the study process and risk analysis for hiring strategies.

Involvement during the bidding process.

Involvement in the Execution, Monitoring, Control and Closing stage.

Disputes, Claims and Conflicts

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Proper handling of disputes and disagreements between the parties prevents the loss of trust, the potential loss of capital and even a deterioration in the relationship with a good partner.

If a dispute is not properly addressed in a timely manner, it can lead to a drain of valuable resources which would otherwise be used in the creation of value.

At Global Contract Management we provide guidance and support for negotiations and appropriate strategies to reach agreements and resolve conflicts.

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We propose mitigating solutions.

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We provide experienced support in the resolution of conflicts

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We anticipate and promptly alert our Clients.

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We address any potential conflicts in a timely manner

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We provide knowledgable support to resolve complex situations

Contract Auditing

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We conduct a systematic and detailed review and evaluation process of the organization’s existing contracts (in progress or closed), verifying contract compliance with applicable laws and regulations. We meticulously examine the terms and conditions of the contracts, cross-referencing them with related supporting documentation to identify any discrepancies. Ultimately, a comprehensive report is prepared, outlining the findings, recommendations, and suggested corrective actions.

Project Management

One of the best definitions for Project Management is the one given by the PMI "Project Management is the application of knowledge, skills, tools and techniques to project activities to meet the requirements of the same" PMBok 7th edition
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Several adverse conditions, such as tight deadlines, limited or underestimated budgets, and overburdened staff, result in poor, incomplete, and sometimes even unviable projects.

At Global Contract Management we have the experience and academic preparation necessary to help with the management of your project.

We customize our service to meet the specific needs of each Client. We work closely throughout the process, reducing the margins of error, effectively coordinating the available resources to achieve the established goals.

Project Management Principles

Global Contract Management develops its activities in Project Management guided by the 12 principles defined in the PMBok 7th edition

Ser un administrador diligente. respetuoso y cuidadoso

Create a collaborative team environment

Effectively engage with stakeholders

Focus on value

Recognize, evaluate, and respond to system interactions

Demonstrate leadership behaviors

Adapt based on context

Incorporate quality into processes and deliverables

Navigating in complexity

Optimize Risk Responses

Embrace adaptability and resilience

Allow change to achieve the intended future state

Get in touch today

and find out how we can help.
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