Entry and Contracting

To prepare for this assessment, read the ABC Bank Case Study document and the ABC Bank Sample Contract document, both attached.

Knowing that there are a variety of ways to develop a good contract, evaluate the ABC Bank Sample Contract as it stands, noting the edits and enhancements you would recommend before presenting the contract to the client. Cite references to support your recommended changes.

Requirements

Using the ABC Bank’s sample contract, complete the following:

Analyze the sample consulting contract.
What stands out to you as needing further clarification about the project?
Identify topics to discuss before beginning the sample project.
What are topics that you still need to discuss with the client in completing the final draft of the contract? Generate a list of topics and questions.
Formulate a list of best practices for building trust when beginning the sample consulting contract.
What best practices would you recommend to help them establish and maintain a strong consulting relationship?

Note: For learning purposes, this contract has some intentional flaws and includes room for improvement.

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