Research the Internet using the search term “preparing a contract administration plan” and review the information found.
Read the conclusion of the “Claims Avoidance Techniques” article located on the student website.
Discuss with your Learning Team the concluding two paragraphs of the article “Claims Avoidance Techniques” and your Internet research. Consider the following:
· How does the development of a contract administration plan affect a company’s business?
· Does your company subscribes to such an activity, and if so, how?
Write a 350- to 1,050-word paper detailing the findings of your discussion.
Contracts play an essential role in people’s lives when it comes to buying a car, renting an apartment, or even getting a job. “A contract is an agreement that is enforceable by a court of law or equity” (Cheeseman, 2010, “p.” 153). To ensure the fulfillment of the contract one must create a contract administration plan. The contract administrator’s ro