Role summary Manages low to medium risk contracts and develops procurement and contract documentation. Actively monitors contract performance and risks, and identifies appropriate strategies to achieve contract outcomes. Consults with a range of stakeholders and maintains positive and effective working relationships.
They are responsible for the outcomes of the contract and usually fulfil the first escalation role. In the case of a contract having multiple Contract Managers, the Contract Owner will also assume responsibility for coordinating the activities of these individuals.
Job titles that are related to a Contract Manager are: Contract Administrator. Contract Specialist. Contract Analyst.
Similar professions and job titles to a Contract Administrator are Contract Management Specialist, Procurement Specialist, Procurement Analyst, Contract Coordinator, Project Manager, Contract Negotiator and Construction Manager.
The most common job titles you can encounter include Contract Manager, Contract Administrator, Contract Specialist, Procurement Manager, Supply Chain Manager, Legal Contract Manager, Commercial Manager, Project Manager, Vendor Manager, and Compliance Officer.
Similar Job Titles to a Contract Specialist For example, some employers may refer to a Contract Specialist as either a Contract Manager or a Contract Administrator.
Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.
Contract Owner refers to an individual or entity that holds ownership rights to the policy.
Also known as principal, client, contractee or owner (project.
Contract Holder means the employer, labor union, association, trustee, creditor or other entity to which a group contract evidencing coverage is issued.