Project Management

5 Contract Terms You Should Know [Video]

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A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from RebelsGuideToPM.com.

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Categories: contracts, procurement


In this video I share 5 contract terms that you should know. Remember, this isn't legal advice (and it's good to get some of that prior to any contract) but understanding common procurement terminology will help you manage your supplier relationships more effectively.

 


Posted on: October 16, 2017 12:00 AM | Permalink

Comments (11)

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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
I know many contracts that actually tie specific definitions to warranty and to guarantee, rather than using them interchangeably.

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Eduin Fernando Valdes Alvarado Project Manager| F y F Fabricamos Futuro Villavicencio, Meta, Colombia
Thanks for sharing

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Mark Eckman Senior Project Manager, PMP| Veolia Emporia, Va, United States
Thanks, Elizabeth.

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Nicolás Bertola CEO| Fixel Córdoba, Córdoba, Argentina
Very useful.

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Reginaldo Mondragon Professor| Universidad Michoacana Los Angeles, California, Mexico
Liz: Preciso ¨(precise), conciso (concise) y macizo (sound). Great!
R. Mondragón

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Sante Delle-Vergini, PhD Senior Project Manager| Infosys Melbourne, Victoria, Australia
5 key terms to know, and beautifully presented.

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Krishna Pakki Project Services Manager| Rio Tinto Gilbert, Az, United States
i could not see the video. Is it issue with my browser?

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Mansoor Mustafa Senior PM| Government Department Rawalpindi Punjab, Pakistan
good presentation

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yogesh agrawal ASS. MANAGER ( PROJECTS COORDINATION AND PLANNING| RUPAREL REALITY India
Good video

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Najam Mumtaz Retired Lahore, Punjab, Pakistan
Thanks for sharing

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Elizabeth Harrin Director| RebelsGuideToPM.com London, England, United Kingdom
@Krishna, yes I think it might be. It seems to be working for everyone else.

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