Guidelines for creating consulting contracts, including typical information covered (work description, payment terms, intellectual property ownership) and two sample contracts. For project contractors, consultants, or the project managers or functional managers hiring them.
What this is
The legal language of project management contracts can seem obscure, but the provisions it outlines are often critical to healthy contract relations. Veteran consultants have learned the importance of clauses detailing payment terms, termination agreements, intellectual property ownership, and other sticky situations. These guidelines discuss typical elements of PM consulting contracts and example contract language that may be used by people contracting on a project, consultants providing advisory services, or project managers and functional managers hiring consultants or contractors to work on their projects. It also includes advice on due diligence to perform before signing on the dotted line. Two sample contracts are provided.
Why it's useful
This guideline was prepared with the following learned-from-experience facts in mind:
The guideline also provides 2 examples of full legal consulting agreements which can be modified to create your own contract.
How to use it
Read the guidelines material starting on page 2, including Typical Standard Contract Items and Other Items for Due Diligence When Considering an Assignment. Consider which terms are appropriate for the type of consulting work you are considering (or that you are engaging a consultant or firm to fulfill on your project). Then review the sample contracts provided, both for the total set of terms included for the two different situations represented, and for how the typical contract terms have been translated into a legal document. The two examples included cover:
Use all or parts of the example contract wording as desired, adjusting the typical terms as appropriate for your situation.
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