Luiza Florenzano » Fotografia

Project Tailoring Agreement

In particular contractual situations, a number of factors should be considered, including the ability of the parties to take risks. Generally speaking, the main sources of litigation in construction projects, including project cost management:• What tools are used to track actual expenses?• Does the team manage finances or do we need to involve the finance department? The assessment of the project`s adaptation needs can be finalized by questions related to each of the project management knowledge areas, in order to determine which processes are necessary for the success of the project and which can be adapted. Below is a small list of examples of questions that a project manager wants to ask when adapting their project. Each project is unique, so you should develop a list of questions that best fit your project. Predicting risk and project factors that affect the parties is key to developing a contractual agreement that will benefit the project and its participants….