Role

Manage the Schedule and Budget (Medium / Large Project)

1

Project Manager, Vendors

Check the status of your vendor contracts

Contract administration is the process of ensuring that the seller lives up to the agreements in the contract. The project manager and the contract administrator must work together to make certain the seller meets its obligations. If the seller does not fulfill its contractual requirements, then legal remedies may ultimately be pursued.

You should validate that everything is on-track with your purchase of third-party services or goods (hardware, software, equipment, supplies). This may just be a matter of making sure that your vendors can still deliver the goods and services you need on their agreed-to schedule. The project manager may work on a day-to-day basis with the account manager from the vendor, but they should both always work within the contractual relationship. If anything needs to change in the contractual relationship, the Purchasing and Legal Departments are probably the ones responsible for making the contract changes. If you have outsourced a component of your project to a vendor, you will still need to manage the vendor work at a high level to ensure that there are no surprises. See 4.1.1.3.3P Managing Outsourced Projects for more details.