Contracting for Project Management,9780566085291

Contracting for Project Management

by
Edition: 1st
ISBN13: 9780566085291
ISBN10: 0566085291
Format: Nonspecific Binding
Pub. Date: 2003-08-28
Publisher(s): Routledge
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Summary

In all but the smallest of projects the project sponsor inevitably has to buy in the services of other suppliers. Goods and services must be bought, and this requires people to make contracts so that they know the basis on which they are working with each other and to deal with any disagreements that subsequently arise. This means that a knowledge of contracting specifically for project management is essential if a project is to avoid difficulties and reach a successful conclusion.This new book - which stems from the Third Edition of the Gower Handbook of Project Management - concentrates specifically on the contracting issues that surround projects of any size.

Author Biography

Rodney Turner is a Director of EuroProjex, The European Centre for Project Excellence Limited. He is also part-time Professor of Project Management at Erasmus University, Rotterdam, and a Visiting Professor at Henley Management College

Table of Contents

List of figures ix
Notes on contributors xi
Preface xv
1 Roles and responsibilities in project contract management 1(18)
Nigel Smith
Project procurement
1(1)
The traditional project contract strategy
2(5)
Alternative project contract strategies
7(5)
Emerging project contract strategies
12(3)
Standard terms for project managers
15(1)
Future trends
16(1)
References and further reading
17(2)
2 Contracts and payment structures 19(14)
Peter Marsh
Contract structures
19(2)
The Contract price
21(6)
Terms of payment
27(4)
References and further reading
31(2)
3 Farsighted project contract management 33(26)
Rodney Turney
Project organization: cooperation or conflict?
35(2)
A theory of contracts: incentivization and governance
37(2)
Contract types and a theory of contracts
39(8)
Choosing contract types
47(4)
A strategy for project contract selection
51(5)
Conclusions
56(1)
References and further reading
57(2)
4 Standard forms of contract 59(6)
Stephen Simister and Rodney Turney
Bespoke vs standard forms of contract
59(1)
Why use standard forms?
60(2)
Summary
62(1)
References and further reading
63(2)
5 Contract law 65(16)
Peter Marsh
Contract formation
65(4)
Invalidity factors and frustration
69(1)
Conditions and warranty
70(11)
6 Partnering, benchmarking and incentive contracts 81(24)
Denise Bower and Fotis Skountzos
Background
81(1)
Partnering
82(12)
Benchmarking
94(4)
Incentives and partnering
98(2)
Conclusions
100(2)
References and further reading
102(3)
7 Procurement 105(12)
Peter Baily
Some special characteristics of project purchasing
105(2)
The project purchasing manager
107(1)
Subcontracting
108(1)
The purchasing cycle
109(4)
Purchased materials and equipment
113(2)
Amendments to purchase orders
115(1)
Electronic data interchange (EDI)
116(1)
References and further reading
116(1)
8 Bidding 117(8)
Stephen Simister
Managing the bid process
117(1)
The bid process
118(5)
Post-bid review
123(1)
Conclusions
124(1)
References and further reading
124(1)
9 Managing variations, claims and disputes 125(14)
Peter Marsh
Variations
125(5)
Claims
130(3)
Disputes
133(3)
Adjudication
136(2)
References and further reading
138(1)
Index 139

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