Managing Contract Execution

Building Trust and Success: A Guide to Managing Progress Payment Contracts​

Progress payment contracts are common in construction, ensuring cash flow for contractors and milestone-based payments for clients. Here’s how to navigate them effectively:​ By following these best practices, project managers and contractors can ensure successful…

Building Trust and Predictability: Mastering Progress Payment Contracts​

Progress payment contracts are common in construction and other industries where projects unfold in stages. Here’s how to ensure smooth sailing:​ By following these best practices, project managers and contractors can leverage progress payment contracts…

Building Trust and Delivering Value: Mastering Cost-Plus Contract Management​

Cost-plus contracts offer flexibility, but require a strategic approach to succeed. Here’s how to ensure a smooth and successful journey:​ By following these best practices, project managers and contractors can leverage the flexibility of cost-plus…

Avoiding the Pitfalls: Successful Lump Sum Project Management​

Lump sum contracts offer budget certainty, but successful execution requires navigating potential pitfalls. Here’s what to watch out for:​ Conclusion:​ By addressing these pitfalls and implementing effective project management practices, clear communication, and proactive risk…