Document background
The Contract Management Plan (CMP) is a critical document used by organizations operating in Denmark to establish and maintain effective control over their contractual relationships. It becomes necessary when an organization needs to standardize its approach to contract management, ensure compliance with Danish legal requirements, and maintain consistent practices across different departments or business units. The CMP includes detailed procedures for contract administration, risk management, performance monitoring, and compliance with Danish and EU regulations. It is particularly important in the context of Danish business culture, which emphasizes structured processes, clear documentation, and robust compliance frameworks. The document serves as both a strategic guide and an operational manual, supporting organizations in managing their contractual obligations effectively while meeting regulatory requirements.
