Contracting Excellence Journal

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Without a doubt, contracts are the most important risk avoidance management and mitigation tools organizations sign. Ironically, many top executives know little about contracts and how they work to support the organization’s goals. Instead, many choose to delegate the responsibility for identifying and managing those risks to others often with few, if any, questions asked.

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Topics: contract /commercial management, risk management, contract management

Obviously risk management is supposed to manage risk. But in over thirty years of working in the field, and having seen thousands of risk registers, I’ve found that about half of the things people identify as risks are actually not risks at all.

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Topics: contract /commercial management, contracting excellence, risk management

Everyone knows that “business hates uncertainty.” It poses clear threats to business, but offers significant opportunities as well.

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Topics: contract /commercial management, contracting excellence, risk management

The following summarizes an original article, titled One-Sided Contracts: Do They Pay Off?* authored by Ross J. Altman1, Jeffrey R. Cruz2, and Peter C. Halls3. It was published in the Journal of the American College of Construction Lawyers, Vol. 11, No. 1 (Winter, 2017). The Journal is available on Westlaw, where issues may be viewed and searched in the Westlaw database ACCLJ. 

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Topics: contracting excellence, risk management, contract management

“Can’t we buy this capability As a Service?” A simple question that can open the door to a whole new way of thinking about your business and how you run it. Before you take that step, be sure you’re ready - there may be much more to it than you think. Our expert Peter Allen looks at the new world order of As a Service contracting, what it means for both buyers and sellers, and what it takes to win.

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Topics: contract /commercial management, procurement, technology, contracting excellence, risk management, organization & people

If you think your systems are safe, think again. Chances are they’ve already been breached, and it’s one of your key business partners that’s left open the door.

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Topics: technology, risk management

In negotiations now? Here's how one organization is tackling the emerging risks. Though we can’t know how the Brexit story will unfold, this approach will give you flexibility to navigate uncertain waters.

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Topics: contracting excellence, Brexit, risk management

Organizations can only reap the advantages of Cloud computing once the contract for such a service has been agreed and is water-tight. This article provides a guide for what contract managers need to consider when negotiating a deal for their organizations’ ‘Cloud’.

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Topics: technology, risk management

Risk management has been recognized for some time as a formal discipline in its own right, and there is growing consensus on the elements which comprise best practice. However, the risk management field has not fully matured and there are a number of areas requiring further development.

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Topics: risk management

Don’t deal with the “what ifs” later … find out now

How can you ensure your applications and data are protected if something happens to your Software-as-a-Service (SaaS) provider? Our author, John Boruvka, uncovers big contract risks hidden in the cloud - and the vital things you need to think about before you sign the deal.

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Topics: performance management, risk management

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