Procurement and contract management are two halves of a single commercial lifecycle, where upfront sourcing decisions directly dictate delivery success. Failing to integrate both phases brings repeated design flaws, risk escalation, and significant value loss. Explore why viewing them as

Procurement and contract management are two phases of one commercial lifecycle — and value leaks wherever they are managed as separate functions. Drawing on ANAO audit evidence, this article shows how sourcing decisions shape contract outcomes and why lessons from