26 Aug Effectively Managing Contract Financials
At first thought, monitoring the financials of large cost-type level of effort contracts can be a daunting task. These contracts can contain hundreds of resources, cover several years, and have ceilings that reach into the billions of dollars. With the right team and experience, the job becomes much more manageable. Markon has developed tools and techniques that help our clients successfully manage their contracts. We take a three-tiered approach to managing contract financials that covers a wide range of analysis and reporting – from enterprise level to ad-hoc analysis. Our approach, combined with a suite of tools developed through years of on the job experience has proven to be an effective way to manage contract financials.