Author name: CMGuide

Contract Administration

Planning Saves Time

Efficiency and effectiveness are key to the smooth functioning of an organization and can be achieved if work is properly planned and delegated. Before you start your work, take some time to plan. These plans should be flexible so that you can adapt them to different situations. However, you should ensure that details do not slow down your work. Here are some tips: …

Project Management

Getting Better from Poor Performers

In organizations where poor performers are (involuntarily) allowed to thrive, the levels of productivity and morale take deep plunges, and turnover increases. When organizations impose no checks on performance, top performers leave because they want to avoid associating with a management that tolerates mediocrity. With only mediocre employees staying on, the work culture evolves to accommodate mediocrity. This has a damaging, long-term effect on productivity and, even worse, the organization’s reputation. …

Contract Administration

Insurance and indemnities

by Dennis Brand

The insurance clauses or provisions in a contract will often state the employer’s requirements as to the types of insurance and the required minimum amounts. Sometimes the amount of insurance is linked to the limit of liability under the contract – and, while there is no objection to this in principal, the required amount of insurance should not be more. Moreover, one must take care to ensure that the insurance provisions do not allow for liability which is separate or in excess of the overall limited liability under the contract. …

Project Management

Pareto Analysis

Pareto analysis can be used when you encounter multiple related problems or a common problem with multiple causes. In this technique you are also able to collect metrics on how many times each problem or cause occurs. The purpose of Pareto Analysis is to observe the problems and determine their frequency of occurrence. This, in turn, gives you the information you need to prioritize your effort to ensure you are spending your time where it will have the most positive impact. …

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