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ARTICLE · 13 JUNE 2025

Setting Up Appropriate Contract Management Processes: Mastering IT Contract Management - Part 1

McCarthy Tétrault
McCarthy Tétrault
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For any IT agreement, whether for software-as-a-service, managed IT services, or a software implementation project, contract signing is just the beginning.

CanadaMedia, Telecoms, IT, Entertainment

For any IT agreement, whether for software-as-a-service, managed IT services, or a software implementation project, contract signing is just the beginning. Maintaining a successful relationship between the customer and the service provider depends on how the IT agreement is managed throughout its lifecycle.

Mastering IT Contract Management: A Five-Part Series outlines how organizations can ensure they realize the value anticipated from their IT agreements—and avoid the many pitfalls along the way.

IT contract management involves overseeing the ongoing relationship between the parties and administering the agreement's terms, including deadlines, deliverables, responsibilities, and reporting obligations. Its purpose is to ensure each party complies with its obligations while minimizing risks and maximizing long-term value. Some of the most common challenges that undermine contract management, and as a result, performance, and outcomes, are:

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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