Recognizing Contract Risk and Opportunities Essay

Recognizing Contract Risk and Opportunities - Essay Example The reviewing officials, upon receipt of the request will review the performance evaluation and any supporting documentation and may meet with you and/or me, if deemed appropriate. With in 15 work days of receipt of the request, the receiving official will issue a written response to either uphold the performance, evaluation rating or direct that the evaluation be revised The one year contract between Span System and C-S is $6 million. This is C-S bigger e-CRM order in the pipeline, and the chances of Span System to getting the order lies in the contract performance. Leon Ther, the IT outsourcing director, is an influential personality, is one among the top negotiator of C-S. Span. After eight months of the project, problems started to set in. Spans deliverables have been behind schedule of the last couple of months. In the manner of quality, C-S had detected that the quality of the deliverables are unacceptable , or of low quality. Leon Ther, addressing his letter to Kevin Grant, he said that C-S can nit afford to have schedule slips due to its deadline for the release of a transaction software in the market. Leon Ther had no other alternative but to ask for the immediate transfer of all unfinished code and asserter rescission of the contract by C-S. Problems at both ends are now arising. The user and the system have now grown since the determination of the study in the planning stage, thus making it difficult for the accommodation of the agreed upon and cost and the timelines. Since the ordinary requirement changes had been agreed to in the contract, the actual change had been ordinary. Due to C-S change in its project management structure, the approval and review times had been affected. Neither of the two parties may cancel the agreement, it is because subsequent to more than 50% of the consideration having been tendered by the other. Since more than 505 of the project schedule had elapsed, C-s may not rescind the contract. Mere