20th November 2015

Contract disputes – your project’s nuclear option

Contracts are not the end of a negotiation, they just define the boundaries for the ongoing negotiations that constitute a project.

Contracts are the nuclear weapons of project management.   Pre-agreed definitions of remedies such as liquidated damages for delays or delivery failures sound reassuring, but only protect your project when they remain a threat.  Once invoked the project is doomed.

 

Read the full article on LinkedIn

2017-09-07T08:51:56+00:00