Please read the case study of contract management from author Graham Collins. wr

Question

Please read the case study of contract management from author Graham Collins. write the summary of the segmentation importance.

Contract Management Case Study Segmentation Segmentation provides a basis for prioritisation and resource allocation as well as building consistency within each segment Categorised by risk and value into 4 types uses aggregate values if there are multiple contracts.| Value threshold can be varied Names are important! Different requirements & practice 'standards' for each segment, for example; Gold Platinunm Bronze Silver eeee Lower Higher Category Typical £%/# Platinum Gold Sliver Bronze 35%/0.1% 20%/20% 30%/0.1% 1596/c8096 Platinum - mandatory SRO, joint assessment, mandatory reporting Gold - stronger focus on monitoring Sliver - stronger focus on commercial management Bronze basic 'hygiene'

Explanation / Answer

Please read the case study of contract management from author Graham Collins. write the summary of the segmentation importance.

Contract Management Case Study Segmentation Segmentation provides a basis for prioritisation and resource allocation as well as building consistency within each segment Categorised by risk and value into 4 types uses aggregate values if there are multiple contracts.| Value threshold can be varied Names are important! Different requirements & practice 'standards' for each segment, for example; Gold Platinunm Bronze Silver eeee Lower Higher Category Typical £%/# Platinum Gold Sliver Bronze 35%/0.1% 20%/20% 30%/0.1% 1596/c8096 Platinum - mandatory SRO, joint assessment, mandatory reporting Gold - stronger focus on monitoring Sliver - stronger focus on commercial management Bronze basic 'hygiene'

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