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Contract Management Body of Knowledge

Contract Management Body of Knowledge. Knowledge Area 1.2 Contract Principles. Contract Principles. Fundamentals of Acquisition that all contract professionals must comprehend May be codified in as part of a larger contract framework Product or system “Life Cycle”.

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Contract Management Body of Knowledge

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  1. Contract Management Body of Knowledge Knowledge Area 1.2 Contract Principles

  2. Contract Principles • Fundamentals of Acquisition that all contract professionals must comprehend • May be codified in as part of a larger contract framework • Product or system “Life Cycle”

  3. GAO “Best Practices” Project Knowledge Points Need Approval Approval for Detailed Design Approval for Preliminary Design Approval for Full Production 1 2 3 4 Knowledge Point 1 Knowledge Point 2 Knowledge Point 3 Technologies, time, funding, and other resources match customer needs Design performs as expected Production meets cost, schedule and quality targets

  4. Knowledge, Risk and Contract Type

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