Abstract
Fluor’s Contract Management System (CMSi) effectively manages subcontracts and proactively manages risk, making certain that the entire project team has immediate global access to reliable and timely information on the overall status of each subcontract. Recognizing the vital role effective contract management plays in successful project execution, Fluor developed the cohesive CMSi system. This integrated application allows effective management of subcontracts from pre-award through closeout.
Client Benefits
CMSi produces a wide array of reports that can be used by all levels of the project team to manage the subcontracting process. CMSi provides a valuable means of global real-time communication among multiple disciplines, including project controls, finance, accounting, project management, engineering, supply chain, construction and clients.
In addition to the benefits CMSi provides pre- and post-award, its global database produces an unprecedented level of historical subcontract data to Fluor projects globally. This system, which allows quick access to contractor bids, performance and claim history, has also proven to be an invaluable negotiating and leveraging tool.
