Contract Management Maturity Model

The Contract Management Maturity Model is a framework that assesses how effectively an organization manages its contracts. It evaluates practices from basic, manual processes to advanced, automated systems. As an organization progresses, it improves in areas like creating, storing, monitoring, and analyzing contracts, leading to better risks management, compliance, and value extraction. Think of it as a development ladder, helping organizations identify their current level and guiding them toward more efficient, strategic contract management practices.