Sources for changes in project contracts

Description

This Skill Bit shows that project changes can arise from various factors such as process development, technology transfer, client or contractor requests, design evolution, capacity needs, functionality improvements, operability, regulatory compliance, environmental and safety concerns, quality enhancements, constructability, value engineering, errors, and market conditions. Effective contract management and communication are crucial to address these changes and ensure successful project outcomes.

Duration approx. 4 Min.

Tier: basics