Contracting for Program Managers. Don Shannon PMP CFCM/CPCM. Why do PM’s need to know about contracts?. Contracts form the basis (authority) for us to do work and the assurance we will be paid for doing it. Contracts define the scope of effort for our project Statement of Work Schedule
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Don Shannon PMP CFCM/CPCM
Incomplete specifications / requirements (scope creep)
Laws or regulations
Force Majeure – Unforeseen events
Failure by third party outside their control
Schafer Federal Supply Schedule