Demand for energy is rising fast, which means we need to invest more in CAPEX projects. But for our investment to pay off, we must manage projects more efficiently – and make every dollar count. This means improving the way we manage contract risk. This white paper examines how traditional contract management technology fails to address the risk profile of major CAPEX projects, and how the many companies involved in the execution of these projects can strengthen their risk mitigation approach through a fit-for-purpose solution that enables complete contract control across the asset life cycle.
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