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Specifications can be defined as a statement of requirements to be satisfied in the supply of a product or service. There are two main types of specification; Conformance specification and Performance or functional specification Managing contractual risks: https://bit.ly/3IojJnm Ten key things to consider when designing specifications 1) The purpose 2) Stakeholders needs 3) The scope of 4) Improvement and Innovation 5) Regulatory compliance and quality 6) The type of specification 7) The relevance 8) How will the performance be measured 9) Clarity 10) Service conditions ***MY ONLINE COURSES*** My Courses on SKILL SHARE: SIGN UP for any course and GET ONE MONTH FREE 1. ENTREPRENEURSHIP 101: Turning your idea into an actual business: https://skl.sh/3k6xVqB 2. Guide to job interviews: How to increase your chances of success: https://skl.sh/3DlS56Q 3. TENDERING process & how to write a REQUEST FOR PROPOSAL (RFP): https://skl.sh/3gQL0ls 4. Managing Contractual Risks: https://skl.sh/3cxnjhg 5. PRODUCT LIABILITY in Product Development and Manufacture: https://skl.sh/2NEYZe6 6. Negotiating and contracting in procurement and supply: https://skl.sh/2GNEEUU My course on UDEMY COURSES: 1. BUSINESS DEVELOPMENT 101: Turning your idea into a Business : https://bit.ly/3dfE3sI 2. CONTRACT MANAGEMENT: Managing Contractual Risks: https://bit.ly/3IojJnm 3. A guide to Job Interviews and Employment: https://bit.ly/3myUkyk 4. Guide to INCOTERMS 2010: https://bit.ly/31HuY9E 5. Product liability in manufacturing: https://bit.ly/3ozyE6n 6. CONTRACT LAW: Business Obligations: https://bit.ly/3juVk4F 7. Negotiating and Contracting in Procurement and Supply: https://bit.ly/3CLMgiU