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In plan contract administration, can a plan come into being or even exist without contracts?

In plan contract administration, can a plan come into being or even exist without contracts?
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Answer #1

A contract administration plan helps to mange the contract throughout its life successfully. It is a tool to measure the progress of the contract, adherance to the contract terms and ensure that the progress is in line with the deliverables.A contract administration plan takes into account schedules, finances, operational procedures and the risk management strategy to ensure successful execution of contract.

As per definition, the contract needs to exist before a contract administration plan is created. However in the cases of renewal or where the contract is similar to a previous contract, a plan can pre exist before signing of a contract and can be used with or without updates as the case may be.

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