Contract Management articles from November 2004

Contract Management archives from November 2004

NCMA: Networking, Communicating, Mentoring, and Attitude.(LEADERSHIP FORUM)(National Contract Management Association)
November 1, 2004... I thought for awhile about what I wanted to write in this column. I knew I wanted to talk about what NCMA means to me, why NCMA plays a critical role in my professional life, and why I keep finding myself increasingly involved with NCMA. ...

Improving delegation: when "just do it" just won't do it.(PROFESSIONAL DEVELOPMENT)
November 1, 2004... Ever wonder why it's so tough to get desired outcomes from your highly paid, well-educated, poised, and polished senior executives? Is it that they keep turning in work products that aren't "ready for prime time"? Or is it that their stellar...

Building an intellectual property management strategy; use IP strategies to optimize the potential of your business, depending on your organization's business goals, target markets, and resources.(Intellectual property)(Cover Story)
November 1, 2004... In the 20th century, corporate worth was determined by the value of physical property. In the 21st century, however, it will be measured in terms of intellectual property (IP). In recent years, intellectual property has become the competitive...

Understanding DFARS technical data rights regulations: there are many categories of government rights and methods for acquisition. See practical suggestions for how contractors can maximize protection of proprietary information and sell commercial software to the government and military.(Defense Federal Acquisition Regulation Supplement)
November 1, 2004... Let us first dispense with two widely held misconceptions about rights in technical data and computer software (referred to as "data rights"), as they pertain to government contracts. (1) Data rights concern the government's right to use...

CM software: the myths, pitfalls, and realities; this article dispels the myths of ECM, explores the unique requirements of contract management, and details the specific limitations of traditional software.(enterprise contract management)
November 1, 2004... The enterprise contract management (ECM) software market has gained tremendous momentum in the past three years. A combination of an overabundance of regulations with a realization of the tremendous value of automating the contract management...

Open source software: new risks, benefits, and action items for contracts managers: open source software triggers diverse, unprecedented benefits, risks, and action items for contract managers and their constituents.
November 1, 2004... Microsoft is worried. (1) An increasing number of information technology vendors are worried. (See Example 1 on this page). Should you be? Business Week, Fortune, Forbes, The New York Times, CIO, and other major publications have noted...

New strategies for managing supplier contracts; leveraging contract management automation may help you better manage supplier relationships and meet your company's business objectives and overall SRM strategy.(supplier relationship management)
November 1, 2004... The contract management function plays an essential role in extracting value from supplier relationships by enabling procurement best practices such as spend analysis, sourcing, e-procurement, and supplier performance management. At the same...

Contract management: an enterprise process perspective: today's complex customer relationships require a formal contract management process to ensure optimal revenue performance.
November 1, 2004... World-class contract management requires that different functional areas perform in a coordinated way across the whole life cycle of a contract. Sales, finance, and legal resources may take the lead on hammering out the deal, but operations,...

The power of effective procurement practices and strategic suppliers: together, procurement and contract managers can support the value of working with a strategic supplier and having the ability to deliver lowest total delivered cost.
November 1, 2004... Once considered a back-office operation, the purchasing function has steadily become as important as generating revenue. In fact, according to industry statistics, $1 saved in procurement is equivalent to $15 to $20 in revenue. With supplier...

Final edition November 2004.
November 1, 2004... Legislation Transportation, Treasury, and Independent Agencies Appropriations Act for FY 2005 Passed by House The House of Representatives passed the FY 2005 Transportation, Treasury, and Independent Agencies Appropriations Act. This...

Defective drawings.(CASE COMMENTARY)(Wright Patterson Air Force Base)(Eclectic Company received defective drawings)
November 1, 2004... In July 1996, Wright Patterson Air Force Base (WPAFB) issued a solicitation for repairs to the basement of Building 262. It offered a site visit for familiarization and dimension verification and provided for written explanations of the...

GSA Multiple-Award Schedules and governmentwide acquisition contracts.(GSA CASE STUDY)(Geological Society of America)
November 1, 2004... The GSA Federal Supply Services manages more than 50 Multiple Award Schedules (MAS) and a host of governmentwide acquisition contracts (GWACs) covering a variety of products and services. GSA contracts feature over 16,000 leading suppliers...

diCarta: a proven contract management solution.(E-BUSINESS)
November 1, 2004... This technology review was conducted in September 2004. The ordeal is over. Six weeks of e-mail exchanges, documentation drills, compliance reviews, and marathon negotiation sessions have finally culminated in a signed contract. ...

Commercial Contract Management Conference wrap-up NCMA goes to "America's Most Interesting City".(NCMA ASSOCIATION NEWS)(National Contract Management Association)(Brief Article)
November 1, 2004... Did you know that "Americas Most Interesting City" is a not-so-widely used nickname for New Orleans? Much activity goes on here--and NCMA took advantage of the action and held its Fourth Annual Commercial Contract Management Conference there...

Taking multiple-choice exams: not as easy as they seem.(NCMA ASSOCIATION NEWS)(National Contract Management Association)
November 1, 2004... Many people feel that multiple-choice examinations are easy--so easy that they often fail to adequately prepare for them. So, how does one prepare to take a multiple-choice test? Review the content of the examination. Try not to fall into...