This subject examines the principles and procedures for effective contract management from both clients’ and contractors’ perspectives. Practices and techniques of planning and managing a contract through to a successful conclusion are presented. <br/><br/>Topics include: development of legal framework for project delivery (contract formation – principles and philosophies of contract drafting); contract negotiation techniques and execution; contract performance, monitoring and enforcement; managing project close-out; relationship management during the construction phase; project procurement and allocation of risks; payment systems; contractual responsibilities and liabilities imposed by... -- Course Website
Prerequisites: Admission to the Master of Construction Management or approval from the subject coordinator.
