You would make a great contract administrator if you can execute and negotiate contracts and have exceptional skills with written documentation. Read on for details on the roles and responsibilities.
Yes, an individual can be both the project manager and the Contract Administrator. However, they must have the competency, professional knowledge and experience to do both, and the two roles are two of the biggest undertakings on a project.
Transitioning from an administrative role to project management is a journey of perseverance, learning, and strategic career moves. This article reflects on my personal experience, taking roughly nine years from the seed of inspiration to achieving my goal.
Project Managers are often a part of the contracting process. However, that is not their key responsibility. They focus on developing a project, overseeing it to completion and ensuring it does not lose focus from the project's original goal.
Contract administrators tend to engage with a wide range of different contracts within the company, whereas project managers will only engage with the few contracts that are relevant to their specific project.
A Project Manager can easily perform the duties of the Contract Manager if he or she possesses the skills, hence acquiring negotiation skills, legal knowledge and being conversant with contract monitoring.
Project managers may participate in the contracting process to ensure they understand the project requirements, but it's typically only one part of their job. These professionals are primarily responsible for managing a project to ensure it stays within the expected scope, timeline and budget.
Productive project managers spend a BIG percentage of their time communicating, coordinating, and conflict mediating.
8 Tips to Improve Contract Strategy for Successful Project Management Clearly Define the Contract Scope and Deliverables. Assemble Necessary Resources. Specify Roles and Responsibilities. Create a Deliverables Timeline. Identify Contract Risks. Aggressively Negotiate Prices. Incentivize Timely Deliverables. Delegate Liability.
A project manager typically manages the Construction Manager and/or the General Contractor on behalf of the client. Essentially, the project manager becomes an extension of the client's internal team and is able to guide all consultants in ance with the client's goals.