Posts by Emmanuel Udo

CRITICAL SUCCESS FACTOR PART 1

Some projects fail even before they can start because the seeds of success had not been sown right from inception. Starting today, I begin to discuss the factors that must be present for a project to succeed and achieve its objectives. These are the critical success factors. Critical success factors are elements that are necessary…

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HOW TO MITIGATE STAKEHOLDER BIASES IN RISK ASSESSMENT

It is common knowledge, or at least it should be, that the quality or integrity of the risk management plan depends on the quality of the risk identification and assessment processes that underpin it. Risk assessments is the primary input to the risk management process. Therefore, no effort should be spared towards assuring the quality of…

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ENGINEERING AND CONSTRUCTION CONTRACT PRIMER Part 6

I will conclude this series of essays on Engineering and Construction Contact Primer by discussing Cost-reimbursable contracts. In Part 1 we attempted a definition of contract and its key elements. Part 2 emphasized the need for all project key personnel to read and gain thorough understanding of the contract document, particularly the scope of work…

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ENGINEERING AND CONSTRUCTION CONTRACT PRIMER Part 5

In the last session we examined contracts that are applicable when the scope of work is clearly defined and risks reduced. I continue our discourse of Engineering and Construction Contract Primer by discussing contracts that are applicable when the project or scope of work is not clearly defined. We begin with Time and Materials (T&M)…

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ENGINEERING AND CONSTRUCTION CONTRACT PRIMER Part 4

In the discussion last week I stated that although there are many sources of project risks,  the greatest of them, and one that has the greatest influence on contract type is project definition – how clearly the scope of work is defined. Thus, scope of work definition is a key element in the selection of…

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ENGINEERING AND CONSTRUCTION CONTRACT PRIMER Part 3

Part 1 of this series offered brief insights into the basics of Engineering and Construction contracts. Part 2 underscored the need for every project key personnel to read and understand the scope of the contract as well as the terms and conditions, especially payment terms. In this piece I intend to discuss contracts as a…

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