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Contract Management Assignment

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Added on  2020-05-03

Contract Management Assignment

   Added on 2020-05-03

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Running head: CONTRACT MANAGEMENTCONTRACT MANAGEMENTName of the StudentName of the UniversityAuthor note
Contract Management Assignment_1
1CONTRACT MANAGEMENTExecutive Summary:Aim of the project is to study the case of Djøf, a professional organisation of Denmark thatprovides academics for graduates and students in business economics, law, social andpolitical science. The case is related with the integration of technological advances likeartificial intelligence to the business model of the organisation for settlement in managementand governance of unstructured corporate data along with contract details and analysis. Thereport concludes that artificial intelligence is one of the most effective technique for businessexpansion and reconfiguration but too much involvement will affect the employment and willreduce the innovation.
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2CONTRACT MANAGEMENTTable of ContentsIntroduction:...................................................................................................................3Organisation Description:..............................................................................................3IT KM Initiative:............................................................................................................4Business Goals and Evolution:.......................................................................................6Conclusion:....................................................................................................................7References:.....................................................................................................................9
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3CONTRACT MANAGEMENTIntroduction:Artificial intelligence is a result of technological advancements. It can be described asthe intelligence of the machines, the decision making ability of the in-built programs (Cohenand Feigenbaum 2014). Contract review and analysis is a rationale analysis process thatclarifies the facts, delivers the forecasts of risks and measures the feasibility of any contract.The following case study describes the utilization of an artificial system by Djøf, aprofessional organisation situated in Denmark that deals in academics. The associationprovides education in law, economics, business, social and political science. Due to themanagement and governance of unstructured corporate data, the organisation has relied on anartificial intelligence system. The purpose of this study is to analyse the case and describe theorganisation and its missions and strategies, the functionality of the implementation of thetechnological system and to discuss the business goals and success metrics of the IT project.Organisation Description:Djøf is a professional organisation in Denmark, which provides academicopportunities for graduates and students in business, law, economics, political and socialsciences. More than ninety thousand employees, working at different private and publicsectors are represented by this organisation. Although it is a main board that leads theorganisation, but politically it is divided into 6 federal departments. Some are Djøf public,Djøf Privat, Djøf Lawyers, Djøf Students and others (Djoef.dk, 2017). Development andenhancement in operations in both private and public sectors are the major significance of theobjectives of Djøf. The organisation represents hard-core management in administration,human resources, marketing research and academics. Different professional events andcourses are offered by the organisation throughout the country.
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