What Are “Entire Contracts” and How Relevant Are They in the Construction Industry? The Pros and Cons of Entire Contracts in Construction Introduction: Setting the Foundation Imagine starting a large construction project only to discover halfway through that unexpected costs have derailed your budget. For many employers, this is a nightmare scenario, and to avoid …
Tag: Risk Management
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May 28
Thematic Analysis of Concurrent Delays in Transportation Infrastructure Projects
Thematic Analysis of Concurrent Delays in Transportation Infrastructure Projects Thematic Analysis of Concurrent Delays Concurrent delays refer to situations where multiple events or factors contribute to a delay in the completion of a construction project. These delays can occur simultaneously and impact the overall timeline of the project. In the context of infrastructure projects related …
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Apr 30
Role of The Contract Administrator
Role of The Contract Administrator Contract administration in construction contracts is a critical role that requires a high level of expertise and attention to detail. A Contract Administrator is responsible for the administration of construction contracts, from the initial stages of drafting the contract to the final stages of project completion. In this article, we …
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Apr 29
Design and Build Contracts in Construction
Design and Build Contracts in Construction Everything You Need to Know Design and build contracts are one of the most common types of construction contracts used in the industry. They are a popular choice because they offer a single point of responsibility for both design and construction, which can help to streamline the process and …
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Apr 20
Management Contracting vs Construction Management
Management Contracting vs Construction Management Understanding the Differences for Successful Project Delivery As the construction industry continues to grow, it’s essential to understand the differences between Management Contracting and Construction Management. Both methods have distinct advantages and disadvantages that can impact project delivery. In this article, we’ll provide a comprehensive guide to help you choose …
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Apr 12
DEALING WITH SUBCONTRACT NOMINATION
PITFALLS & TIPS OF DEALING WITH SUBCONTRACT NOMINATION UNDER FIDIC & UAE CIVIL LAW The construction industry is a complex and challenging field, where many parties are involved in completing a project. One such party is the subcontractor, who is often nominated by the main contractor to perform a specific portion of work. The use …
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Apr 11
Can BIM Help Overcome Barriers?
Can BIM Help Overcome Barriers? BIM, Disputes are often considered an inevitable part of the project lifecycle by many researchers, and while preventative measures can be taken, it is not always possible to avoid them entirely. In such cases, an appropriate resolution technique must be adopted. Typically, the resolution process involves referring to a resolution …
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Apr 09
Lump Sum Contract VS FIDIC 99 Contract
Lump Sum Contract VS FIDIC 99 Contract Lump Sum Lump Sum Typically used with Design-Bid-Build method of project procurement. a. A lump sum contract, sometimes called stipulated sum, is the most basic form of agreement between a supplier of services and a customer. The supplier agrees to provide specified services for a specific price. The …
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Apr 04
All About Project Management
Project management is the planning, organizing and managing the effort to accomplish a successful project. A project is a one-time activity that produces a specific output and or outcome, for example, a building or a major new computer system. This is in contrast to a program, (referred to a ‘programme’ in the UK) which is …
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