What type of arrangement is particularly critical in the Final Business Case?

The focus on contract management arrangements in the Final Business Case is vital because they establish the frameworks and agreements that will govern the execution of the project or initiative. Effective contract management ensures that all parties are clear on their responsibilities, obligations, and the terms that govern the relationship. This clarity is essential for managing expectations, mitigating risks, and ensuring that deliverables are met on time and within budget.

Moreover, contract management addresses how resources will be allocated, how performance will be measured, and what consequences will arise in the event of non-compliance. This is particularly important in larger projects where multiple stakeholders are involved, as it helps facilitate collaboration while safeguarding each party's interests.

In contrast, long-term strategic partnerships, advisory consultations, and networking sessions, while beneficial, do not carry the same level of importance in the context of a final business case. These other elements may contribute to the overall success of a project, but they do not provide the necessary legal and logistical backbone that contract management arrangements do, making them less critical in this specific setting.