The contract and its specific features

Overview

Read this article from a comprehensive knowledge base, updated and supplemented with articles reviewed by scientific committees.

AUTHOR

Jean-Pierre PAYRE: Senior project manager – Project management consultant, Grenoble, France

INTRODUCTION

The three most important things in a contract can be summed up as follows:

a clear definition of the scope of work, to avoid disputes over the scope of works (SOW);
good payment terms, to avoid negative cash flows and risks in the event of termination;
a limitation of liability, to protect you in the event of a problem on your part.

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The contract and its specific features