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Creation and Contract Management

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Contract Creation and Management
In the University of Phoenix simulation (2011), Contract Creation and Management the author of this paper has become the project manager at Span Systems, leading its biggest and most prestigious banking software project with Citizen-Schwarz a large German bank. Span and C-S has agreed to a one-year contract that is worth $6 million dollars. In the past months Span and C-C’s has had conflict over the differences on the quality and dates received of deliverables. In the past months C-S’s deliveries have been late and the qualities are inadequate with substantial errors. With all of the delays and concerns; C-S is demanding for unfinished code and rescinding of the contract.
The CEO at Span has advised that they would like to settle this dispute with C-S amicably. Span does not want to lose the contract; they want to negotiate new terms for the existing contract to resolve the quality and deadline issues.
According to the University of Phoenix simulation (2011), Contract Creation and Management the contract states, “neither party may cancel this agreement, in whole or in part, Subsequent to more than 50 percent of the consideration having been tendered by the other.” More than 50% of the deliverables were delivered; C-S violates the contract by asking for the unfinished code and rescinding of the contract.
In the month of December Span evaluate and select negotiation points from the contract clauses that pointed out Breach of Contract under ‘Internal Escalation Procedure for Disputes’ ‘Requirements Change’ and ‘Communications and Reporting’. The attorney advises that there had been a breakdown of internal escalation of processes on C-S’s end of the contract clause. It was mention it should force C-S to reconsider its stance. Also, the change in project management at C-S has affected schedules, which can be in Span’s defense. It

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