CONTRACT MANAGEMENT
OBJECTIVE: The purpose of this assignment is to provide students the opportunity to: a) Review contract pricing type in relation to project contract strategies namely joint ventures and partnering. b) Discuss the issues in project contract management. INSTRUCTIONS: You are required to provide a report on ALL tasks to achieve the assessment criteria which are set out in the rubric. It is acceptable to use the opinions and judgments of project professionals to support your work. QUESTION 1 Many formal contracts are incomplete as they cannot specify the details of the potential task and the responsibilities that to be performed by a firm or partners. In relation to the above statement, choose ONE project that apply joint ventures or partnering type of collaboration and also using one type of contract pricing. a) Discuss how contract choice affects the relationship between partner integ...