August 11, 2024
Presented by NCMA
Revitalizing Contract Management and Global Standards
Kraig Conrad, CEO at NCMA outlined several key aspects of the World Congress and its ongoing initiatives. He emphasized the event's mission to reinvigorate participants by providing engaging workshop simulations and introducing innovative content. The goal is to inspire attendees to embrace existing regulations while also exploring new ideas. He adds that a major focus of the Congress is the Better Contractor Initiative, which aims to enhance the entire acquisition process by encouraging early collaboration among all stakeholders, including program managers, contracting officers and post-award teams. Kraig also highlights the NCMA's efforts to establish a global ISO standard for contract management. The move towards an ISO standard is expected to standardize processes and improve career progression by providing clear pathways for professional development.
Key Takeaways:
- The World Congress aims to rejuvenate participants by combining practical simulations with innovative content, encouraging them to engage with regulations and explore new ideas.
- The Better Contractor Initiative seeks to improve contract management by fostering early and comprehensive collaboration among all stakeholders in the acquisition process.
- The NCMA is working towards a global ISO standard for contract management to unify practices, enhance career development, and elevate the profession on an international level.