Contracts between suppliers and clients have become more complex and require the right amount of contract management in order to meet the project objectives whilst ensuring all parties understand and fulfil their duties and obligations as defined in the contract. PM PROjEN believe the culture of the contract should be such that the primary focus is getting the project completed on time and to budget and not a focus on protecting each other’s position.
Early involvement of the Contract Manager includes negotiating the form and terms and conditions in contracts and continues into ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution. The end result of following a systematic process is a project which maximises financial and operational performance, provides value for money and mitigates and minimises risk.
An integral part of Contract Management is the role of the Quantity Surveyor who will perform a variety of tasks including:-
- preparing tender and contract documents, including bills of quantities
- advising the most suitable contract to employ
- performing risk and value management and cost control
- advising on procurement strategy
- identifying, analysing and developing responses to commercial risks
- preparing and analysing costings for tenders
- allocating work to subcontractors
- providing advice on contractual claims
- analysing outcomes and writing detailed progress reports
- valuing completed work and arranging payments.