Pitfalls in contractor schemes

Description

This Skill Bit shows that Contractor Schemes offer clear structures for project execution but pose challenges like misaligned objectives, scope creep, quality control issues, communication breakdowns, cost overruns, subcontractor problems, contractual disputes, time management issues, regulatory risks, and limited flexibility. Mitigating these pitfalls demands thorough planning, clear contracts, effective communication, and robust project management. Transparency, flexibility, and collaboration are vital for navigating these challenges and achieving project objectives.

Duration approx. 5 Min.

Tier: advanced