PROJECT

MANAGEMENT

SUBMITTED BY,

MOHD. ANAS
TABLE OF CONTENTS
 NEED FOR CONTRACT
 OBJECTIVES
 STUDY OF COMPLETE CONTRACT
 DISPUTES IN CONTRACT THAT MAKES IT NULL
AND VOID

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NEED OF CONTRACT
Contracts are a critical component of project management for several important reasons:

1.Clear Scope and Objectives: Contracts define the project's scope, objectives, and deliverables. They
provide a detailed description of what is expected to be accomplished during the project. This clarity helps
prevent misunderstandings and scope changes that can derail a project.
2.Roles and Responsibilities: Contracts specify the roles and responsibilities of all parties involved in the
project. This includes the project manager, team members, subcontractors, and stakeholders. Having defined
responsibilities ensures that everyone knows their role and contributes to the project's success.
3.Budget and Financial Management: Contracts often outline the project's budget, including cost estimates,
payment terms, and any cost-sharing agreements. This financial framework helps manage project costs, track
expenses, and allocate resources effectively.
4.Timeline and Schedule: Contracts typically include a project timeline or schedule. This outlines key
milestones, deadlines, and project phases. It provides a roadmap for project execution, helping to ensure that
the project stays on track and is completed within the agreed-upon timeframe.
5.Quality Standards: Contracts may specify quality standards and performance expectations. These
standards ensure that the project deliverables meet the required quality levels and adhere to industry or
regulatory standards.

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6.Risk Allocation: Contracts often allocate risks among the parties involved. They may outline how risks related to
delays, changes, or unexpected events will be managed and who is responsible for them. This helps manage and mitigate
potential project risks.

7.Legal Protection: Contracts are legally binding documents. They provide a basis for legal recourse in case of disputes,
breaches of contract, or disagreements regarding project performance. This legal protection is crucial for ensuring that
parties fulfill their obligations.

8.Change Management: Contracts typically include provisions for managing changes to the project scope, timeline, or
budget. These change management procedures help assess the impact of changes, obtain necessary approvals, and
document any adjustments to the contract.

9.Communication and Reporting: Contracts often specify communication and reporting requirements. They may
outline how progress updates, status reports, and issue resolution should be handled, ensuring effective communication
among stakeholders.

10.Regulatory Compliance: Contracts may require that the project adheres to relevant laws, regulations, and standards.
This helps ensure that the project remains in compliance with legal and regulatory requirements.

11.Performance Metrics: Contracts may establish key performance indicators (KPIs) or performance metrics that are
used to assess project progress and success. These metrics help measure project performance against predefined
benchmarks.

12.Dispute Resolution: Contracts typically include provisions for dispute resolution mechanisms, such as mediation,
arbitration, or litigation, in case disagreements cannot be resolved through negotiation. This provides a structured
process for resolving conflicts.

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OBJECTIVES
BANK GUARANTEE: The objective of a bank guarantee in a contract is to provide financial security, risk mitigation,

and assurance that contractual obligations will be met. It serves as a valuable tool to protect the interests of both parties

and ensures that the contract is executed as intended. The specific purpose and terms of a bank guarantee will vary

depending on the nature of the contract and the parties involved.

A BILL OF QUANTITIES (BoQ) is a detailed document used in construction and other industries as part of a contract.

Its primary objective is to provide a comprehensive breakdown of the project's materials, labor, and other resources

required for construction or other work. The BoQ serves several important objectives in a contract:

1.Cost Estimation: The BoQ serves as a basis for estimating the total cost of the project. It itemizes the quantities and

unit rates for various components of the work, allowing for accurate cost calculations.

2.Transparent Pricing: By providing a detailed breakdown of quantities and rates, the BoQ promotes transparency in

pricing. This helps both the client and the contractor understand how costs are calculated and what each element of the

project will cost.

3.Bid Evaluation: In the procurement phase, the BoQ allows potential contractors to submit competitive bids.

Contractors can use the BoQ to estimate their costs accurately and submit bids that reflect their pricing for each

component of the project.

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PRODUCT OVERVIEW

UNIQUE TESTED
Only product specifically dedicated to Conducted testing with college students
this niche market in the area

FIRST TO MARKET AUTHENTIC

First beautifully designed product that's Designed with the help and input of
both stylish and functional experts in the field

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COMPANY
OVERVIEW

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BUSINESS MODEL

RESEARCH ABSTRACT DESIGN

We based our research on We believe people need more Minimalist and easy to use
market trends and social media products specifically dedicated
to this niche market

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MARKET OVERVIEW
$3B $2B $1B

• Opportunity to build • Freedom to invent • Few competitors

• Fully inclusive market • Selectively inclusive • Specifically targeted
• Total addressable market market
market • Serviceable available • Serviceable obtainable
market market

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MARKET COMPARISON
$3B
Opportunity to build + addressable market

$2B
Freedom to invent + serviceable market

$1B
Few competitors + obtainable market

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OUR COMPETITION
CONTOSO COMPETITORS
• Our product is priced below that of other • Company A
companies on the market Product is more expensive
• Design is simple and easy to use, compared to • Companies B & C
the complex designs of the competitors Product is expensive and inconvenient to use
• Affordability is the main draw for our • Companies D & E
consumers to our product Product is affordable, but inconvenient to use

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OUR COMPETITION GRAPHIC
CONTOSO
A CONVENIENT

EXPENSIVE AFFORDABLE

D C

INCONVENIENT
E B

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GROWTH STRATEGY
How we’ll scale in the future

PHASE 1: FEB 20XX

Roll out product to high profile or top-level participants to help establish the product

PHASE 2: MAY 20XX

Release of the product to the public and monitor press release and social media accounts

PHASE 3: OCT 20XX

Gather feedback and adjust product design as necessary

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TWO YEAR ACTION PLAN
Draft blueprints Run focus group Gather feedback
Feb 20XX May 20XX Oct 20XX

20XX JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

20XX JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

Test design Launch design Deliver to client

Feb 20XX July 20XX Dec 20XX

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FINANCIALS
Year 1 Year 2 Year 3
INCOME
Users 50,000 400,000 1,600,000
Sales 500,000 4,000,000 16,000,000
Average price per sale 75 80 90
Revenue @ 15% 5,625,000 48,000,000 216,000,000
Gross profit 5,625,000 48,000,000 216,000,000
EXPENSES
Sales & marketing 5,062,500 38,400,000 151,200,000 70%
Customer service 1,687,500 9,600,000 21,600,000 10%
Product development 562,500 2,400,000 10,800,000 5%
Research 281,250 2,400,000 4,320,000 2%
Total expenses 7,593,750 52,800,000 187,920,000

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 MEET THE TEAM

Takuma Hayashi Mirjam Nilsson Flora Berggren Rajesh Santoshi

President Chief Executive Officer Chief Operations Officer VP Marketing

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 MEET THE TEAM

Takuma Hayashi Mirjam Nilsson Flora Berggren Rajesh Santoshi

President Chief Executive Officer Chief Operations Officer VP Marketing

Graham Barnes Rowan Murphy Elizabeth Moore Robin Kline

VP Product SEO Strategist Product Designer Content Developer

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SUMMARY
At Contoso, we believe in giving 110%. By using our next-
generation data architecture, we help organizations virtually
manage agile workflows. We thrive because of our market
knowledge and great team behind our product. As our CEO says,
"Efficiencies will come from proactively transforming how we do
business."

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THANK YOU
Mirjam Nilsson
206-555-0146
mirjam@contoso.com
www.contoso.com