What are the options available and mechanisms that a contractor should have in place to safeguard its interests in the event of its employer becoming insolvent? MARTIN PRESTON* of Norton Rose provides a guideline. …
While there are constraints to the implementation of PPPs in the Middle East, the region remains a fertile ground for innovative PPP solutions and governments are working hard to overcome the obstacles that currently exist, writes Joanne Emerson*. …
It’s one thing to build a project definition and the workplan. It’s another thing to effectively manage the project. If the project manager could just could create the plan and the work assignments and have everyone complete their activities on-time, your life would be much easier. However, the process of managing the team and the workplan is more complex than that. …
by Dennis Brand
How does the New Engineering Contract (NEC) compare to FIDIC? Dennis Brand examines the uptake of NEC in the region and outlines what you need to know. …
In large organizations, or on large projects, you may have the luxury of full-time resources for your entire team. However, in many (or most) situations, the project manager must utilize shared and part-time resources to complete the work. Some resources may be working on multiple projects, while other resources may be working in support (or operations) roles as well. The process of gaining and retaining resources in this environment can be difficult and is related to the way your organization is structured. …
So far, talks have been productive. After much discussion and careful analysis, you think you understand the issues on the table and the other side’s priorities. …
by Gordon Moffat
The NEC Engineering and Construction Contract (ECC) – previously the New Engineering Contract – was first introduced in 1993 and the third edition, NEC3, came into operation in 2005. Despite the considerable press coverage it has received in the UK, it is still very new to a lot of contractors and employers. …
By Professor Adrian Furnham
Stability
Senior positions always involve stress. People have to make hard decisions, take risks, face criticism and endure set-backs. They need to be hardy and resilient to respond to the pace and challenges of modern business life. …
By Siew Ching Chua
Nail biting, chewing gum, talking non-stop on the phone, checking Facebook every five minutes – admit it, who doesn’t have at least one bad habit that drives the person next to them at work mad? Yet these seemingly harmless things could cost you a successful career. …
Owners and lenders are becoming increasingly receptive to the idea of offering engineering, procurement, and construction management (EPCM) contracts, as opposed to EPC contracts, for the advantages it offers, writes JONATHAN BRUFAL*. …
by Jeremy Cama
As the debate over the effectiveness of local procurement continues, Jeremy Cama, partner, Berrymans Lace Mawer, outlines some of the stumbling blocks still faced by the industry. …
Large Projects – Beginning of the Project
Large projects should definitely be capturing metrics that will provide information on the quality of the deliverables and the processes used to create the deliverables. The following process can be used to come up with the appropriate metrics on the project. This process will result in the creation of a Project Scorecard. …
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