Realization and Verification Management Realization and Verification Management
CATS® RVM
The basics
When services or projects are linked to contracts, an interface emerges between service and project management on one side, and contract management on the other. This intersection is addressed through the domain of realization and verification management. The CATS RVM® methodology enables organizations to effectively integrate contract management into project and service management for both clients and suppliers.
Figure: The domain of realization and verification management
The CATS RVM® methodology includes verifying performances, setting up delivery, risk management, establishing delivery processes, and aligning service and project management processes with the other party in a contract.
Introduced in 2022, CATS RVM® addresses the growing need to integrate contract management into an organization’s operational processes. Contract management centers on achieving contract objectives while aligning with an organization’s mission, vision, and applicable laws and regulations. This methodology is based on the CATS CM® methodology that offers a proactive approach to managing contracts and optimizing the realization of objectives.
CATS RVM® offers a structured and scalable approach to managing contracts within the context of project and service management. It clearly outlines core principles, defines roles, and addresses key challenges for project managers, service managers, and comparable roles. Additionally, it provides practical tools and clear guidance to enhance effective practices across the organization.
The CATS RVM® methodology includes verifying performances, setting up delivery, risk management, establishing delivery processes, and aligning service and project management processes with the other party in a contract.
Introduced in 2022, CATS RVM® addresses the growing need to integrate contract management into an organization’s operational processes. Contract management centers on achieving contract objectives while aligning with an organization’s mission, vision, and applicable laws and regulations. This methodology is based on the CATS CM® methodology that offers a proactive approach to managing contracts and optimizing the realization of objectives.
CATS RVM® offers a structured and scalable approach to managing contracts within the context of project and service management. It clearly outlines core principles, defines roles, and addresses key challenges for project managers, service managers, and comparable roles. Additionally, it provides practical tools and clear guidance to enhance effective practices across the organization.
Summary
RVM stands for Realization and Verification Management, which forms the core of the methodology. Its focus lies on the realization and verification of contract performance, both as part of the organization’s delivery and service or project management, and in relation to contract management. CATS RVM® serves as a best practice framework that encompasses all activities necessary for effective realization and verification management in the post-award phase of the contract lifecycle. Furthermore, it provides a foundation for determining the appropriate involvement during the pre-award phase.
To translate the purpose and principles of realization and verification management into actionable steps, CATS RVM® introduces four pillars. These pillars provide clear and practical guidance and tools for defining and executing roles and responsibilities effectively.
By dividing the domain of realization and verification into smaller focus areas, Realization and Verification Management Essentials, CATS RVM® allows users to scale their efforts and adapt their approach to the specific needs of a service or project, as well as the capabilities of the organization. The RVM Essentials align seamlessly with the Contract Management Essentials of the CATS CM® methodology and address common service and project management processes.
Figure: Service and project management processes included in the RVM Essentials
Target audience
CATS RVM® is designed for individuals, departments, and organizations seeking to maximize the added value of contracts in an efficient and effective manner. This book is particularly valuable for:
· Service and project managers who are (partially) responsible for contract management or work in organizations that implement contract management based on the CATS CM® methodology.
· Contract managers interested in understanding the broader business impact of contracts.
· Managers of service or project management departments, responsible for overseeing contract management activities within projects and services.
· Contract owners, accountable for achieving the objectives associated with specific contracts.
Scope and constraints
CATS RVM® focuses on managing and optimizing contracts in projects and services during the contract execution phase. It considers all direct stakeholders and is specifically tailored for business-to-business contracts. While it can be partially applied to managing individual or small sets of contracts, its greatest value is realized when implemented across departments or organization-wide.
CATS RVM® complements several globally recognized standards for project management and service management.
Relevant website
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CATS CM® versie 4: Van werken aan contracten naar contracten die werken
Contractmanagement bij project- en servicemanagement - de methode CATS RVM Rating: 0%
Cats articles
Successful contract management – competent staff and process-aligned systems
Successful contract management – contract creation
CATS CM® methodology – Pillar 1: Work To Be Done versus All Other Contract Matter
CATS CM® methodology – Pillar 2: Roles involved in a contract
CATS CM® methodology – Pillar 3: Contract Management Essentials
CATS CM® methodology – Pillar 4 Part 1: Six steps in the contract management process
