Rules of Negotiation in Construction Contract Management Negotiation plays a critical role in contract management, as it is often the key to securing tenders, business deals, and project opportunities for companies and other multinational organizations. The negotiation process involves two or more parties coming together to reach a common resolution or agreement for a shared …
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Construction Claims Construction Claims | Management Issues, Common Type of Claims Construction Claim can be defined as a request by either party to the contract, usually the Contractor, for compensation for damages caused by failure of the other party to fulfil his part of obligations as specified in the contract. The compensation is usually in …
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Project Safety, Health and the Environment Project Health, Safety and Environment Reviews (PHSER’s) are a crucial aspect of any project as they ensure that the project team adheres to the necessary health, safety and environmental requirements throughout the project lifecycle. The PHSER process involves a team of multi-disciplinary experts who review the project’s documentation and …
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Design and Value Management Value Management (VM) Design and Value Management is a method of highlighting possible opportunities to create value within a project and subsequently managing those solutions to ensure value is continuously delivered. It encompasses the whole life cycle of a project, from design to completion and beyond. The process is undertaken in …
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Managing Risk and Value Risk and value management are strongly connected with each other because enhancing value for client also means ensuring that risk is minimized or at least planned and managed. An intention to produce best value for the client must be implemented by identifying and managing risk. The main objectives are: Consider the …
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Architect Role of Architect The accepted role of the architect has long been to design the building, advise on the selection and appoint of other sub-consultant, manage the design, select and appoint the contractor, and the sub-contractors, and generally represent the client’s interests as far as possible. Coming with these responsibilities is the duty to …
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Rights and Obligations of Parties under Contract Duties Overview, Sample Clause The best way to define contractual obligations is to say that they are the legal responsibilities of each party involved in a contractual agreement. In a contract, both parties will exchange an item or service of value, but certain expectations must be met in …
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Project Management Successful projects are usually the result of careful planning and the talent and collaboration of a project’s team members. Projects can’t move forward without each of its key team members, but it’s not always clear who those members are, or what roles they play. Here, we’ll describe five roles – project manager, project …
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What is the difference between Management Contracting and Construction Management. Management Contracting Management contracting is appropriate for large scale projects requiring an early start on site. The design is undertaken on behalf of the employer and this procurement route is ideal where work needs to be started before the design on the project is completed. …
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