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What is so special about managing Projects..?

Wednesday, May 20, 2009

What are the management techiniques adopted by large construction companies in order to minimise disputes and claims?

Use of ISSUE LOGS...
ISSUE LOGS refers to a document convering the following details updated during any ISSUES/DISPUTES raised between two parties in a CONTRACT and ISSUES analyzed on a Priotity Basis:
  • Date of Issue
  • Between Which Parties
  • Issue Title / Description
  • Root Cause of Issue
  • Outcomes
  • Corrective Action / Preventive Action to be Taken
  • Effect on Set Project Constraints (Priority Weightage)
  • Reference to related Records / Correspondences
  • Claim Amount with Break Up Details (If any)
  • Acknowledgement fromthe other Party with Remarks

These Issue Logs when maintained shall aid any party in supporting themselves with necessary evidences to avoid disputes or to win in any of the claims / disputes raised...!!!

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