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Vertragsmanagementprozeß

Risk management

Contracts must be checked legally and technically as part of a company-wide contract management process. For this purpose, possible risks must be identified and evaluated in each phase of the contract life cycle.

The 8 steps of the contract management process

The following text describes the first part of a contract management process in an eEPK diagram (extended event-driven process chain). Steps 1-4 of the contract initiation process include the first part of the DOCM contract management process. Stages 5-8 comprise the second line of the active DOCM contract management process with review of the agreed deliveries and services and monitoring of the contract end date.