Prajkta Waditwar your question is very important and reflect deep understanding for executing the project from initiation to closing I completely agree with you that there is a gap between contract management tools and project management.I will share with you two examples of how to integrate contract lifecycle management tools with project tools. First Example: Use BIM Software. Here is a description of how BIM is successful example: Using Revit to Link Project Management with Contract Management The packages of work in the schedule and contract items were concurrently linked to Revit elements (walls, mechanical systems, and finishes) in a mixed-use building project. The BOQ item number, contractual responsibility, and execution status were all included in the model. Due to a design change made by the consultant, the installation of the air conditioning system was delayed during execution. The model was modified to account for the change, directly connecting the impacted components to the schedule's postponed activities. Besides enabling the contracts team to show that the work was outside the original contract's scope and provide a contractual notice supported by distinct model elements, this allowed project management to promptly determine the time impact. In this way, Revit became the link between project control and contractual rights and obligations, instead of relying on separate reports and conflicting interpretations.
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