Contractor management is the process of overseeing and coordinating the work of contractors who are hired to perform specific tasks or projects for a company

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Contractor management is important because it helps ensure that projects are completed on time and within budget

Here are the key trends that will shape how your organization manages contractors in 2023 and beyond

Project-based employment is a type of work arrangement in which an individual is hired to work on a specific project or set of projects for a specific period of time

1. Project-Based Employment

2. Greater Use of Performance Metrics

Quality Schedule Efficiency Customer satisfaction

Examples of performance metrics that organizations may use to evaluate contracts include:

3. Contractor Management and AI

4. Prequalification and Pre-Approval Processes

5. Effective Communication and Collaboration

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