$1.$ Complexity of Contracts: The nature of aerospace contracts involves intricate specifications,

technical requirements, and long$-$term commitments. Managing these complexities while

ensuring compliance posed significant challenges.

$2.$ Supplier Relationships: Airbus relies on a network of suppliers for components, materials,

and services. Maintaining strong relationships, managing performance, and negotiating

favourable terms were critical for operational success.

$3.$ Regulatory Compliance: The aerospace industry is heavily regulated, with stringent

standards for safety, quality, and environmental sustainability. Airbus needed to ensure that

contracts complied with these regulations to avoid penalties and reputational damage.

$4.$ Risk Management: Risks such as supply chain disruptions, cost overruns, and geopolitical

factors could impact Airbus's projects and profitability. Effective risk mitigation strategies

within contracts were essential.

As a consultant, develop a contract management plan for Airbus including the effective processes

they would need to adopt to manage their contracts.