Contract Risk and Opportunities Memo
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- Date Submitted: 04/09/2010 01:17 PM
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Contract Risk and Opportunities Memo
In this paper I have to prepare a memo to discuss what legal risks and opportunities are in the Contract Creation and Management simulation. Also identify the legal issues present and note legal principles and determine what I would do as the project manager for Span Systems would do to avoid those risks, minimize liabilities, and benefit from opportunities. Assess alternatives to resolve these problems identified in the simulation and give an explanation on which alternative approach that would best solve the problem between Span Systems and Citizen-Schwarz AG (C-S).
INTEROFFICE MEMORANDUM
TO: KEVIN GRANT. DIRECTOR
FROM: KIMBERLY TATE, PROJECT MANAGER
SUBJECT: CONTRACT WITH CITIZEN-SCHWARZ AG
DATE: 02/17/2009
CC:
Leon Ther of Citizen-Schwarz AG (C-S) is very upset with the job if Span and decided to write a letter to Kevin Grant in reference to the contract. Ther feels that the deadlines in the contract have not been met and is ready to transfer all unfinished code and declare the rescission of the contract. As the project manager for Span I cannot let this happen. I have to figure out a way to solve this problem quick because we have to keep this contract and also get the e-CRM contract with Citizen-Schwarz AG.
Citizen-Schwarz AG project management as changed since the beginning of the original contract which was agreed up on this September. So I have decided to talk to C-S about the problem but before we do this we have to take a closer look at the clauses in the contract for the negotiations with C-S. I have evaluated the contract and decided that these three clauses will benefit us the must during negotiations:
1. Breach of Contract under “Internal Escalation Procedure for Disputes,”
2. Breach of Contract under “Communications and Reporting” and,
3. Breach of Contract under “Intellectual Property Rights.”
Each clause has its pros and cons. The first clause, “Internal Escalation Procedure for...
In this paper I have to prepare a memo to discuss what legal risks and opportunities are in the Contract Creation and Management simulation. Also identify the legal issues present and note legal principles and determine what I would do as the project manager for Span Systems would do to avoid those risks, minimize liabilities, and benefit from opportunities. Assess alternatives to resolve these problems identified in the simulation and give an explanation on which alternative approach that would best solve the problem between Span Systems and Citizen-Schwarz AG (C-S).
INTEROFFICE MEMORANDUM
TO: KEVIN GRANT. DIRECTOR
FROM: KIMBERLY TATE, PROJECT MANAGER
SUBJECT: CONTRACT WITH CITIZEN-SCHWARZ AG
DATE: 02/17/2009
CC:
Leon Ther of Citizen-Schwarz AG (C-S) is very upset with the job if Span and decided to write a letter to Kevin Grant in reference to the contract. Ther feels that the deadlines in the contract have not been met and is ready to transfer all unfinished code and declare the rescission of the contract. As the project manager for Span I cannot let this happen. I have to figure out a way to solve this problem quick because we have to keep this contract and also get the e-CRM contract with Citizen-Schwarz AG.
Citizen-Schwarz AG project management as changed since the beginning of the original contract which was agreed up on this September. So I have decided to talk to C-S about the problem but before we do this we have to take a closer look at the clauses in the contract for the negotiations with C-S. I have evaluated the contract and decided that these three clauses will benefit us the must during negotiations:
1. Breach of Contract under “Internal Escalation Procedure for Disputes,”
2. Breach of Contract under “Communications and Reporting” and,
3. Breach of Contract under “Intellectual Property Rights.”
Each clause has its pros and cons. The first clause, “Internal Escalation Procedure for...