Assignment : Plan For Contracting

The management of a consulting project calls on a variety of skills. This is an actuality that has been stressed throughout the course lectures, seminars and cases as well as throughout the course literature. The fact that consultants must integrate their skills when conducting a consulting project is as clear-cut as it is evident.

Qualifications, credentials, and a good track record of successfully completed jobs are important of course, but it is in the day-to-day construction job that you will really see the worth of your building contractor. You don't necessarily want a contractor who will paint a rosy picture of the project or present you with overly optimist project forecasts. Instead, you will want someone you can trust who will let you know about any potential problems before they come up, and will ideally have solutions to these problems. Remember that the success of the entire construction project hinges a great deal on the skills and capabilities of your chosen contractor, so you will want to hire one who will work closely with you towards the realization of the project's

2. Ask specific, in-depth questions in regards to the project that the consulting firm will be working on – scope, timeframe, responsibilities of each party, person-in-contact, and terms and conditions to avoid grey areas in the implementation process.

In reviewing material for the 4th module, I learned a great deal about the parts of a contract, contract negotiation, and contract termination. The prompt asks my personal view of obtaining professional counsel during negotiation, gives examples of compensation packages, and asks for an opinion on preferences. There are a number of factors to consider while negotiating a well-informed contract.

The Consulting Service Company will lean on its relationships that have been built in the project management industry to take full advantage of an opportunity of a lifetime. We are looking to break into an industry that is not accustomed to utilizing project management to manage their office activities. Law firms are a new industry in which the project management professionals are

In many cases, clients are disappointed with the end result from consulting firm. Many have referred to it as ‘delivering empty promises’ when consultants conclude the project by providing insight that simply states the obvious needs. Clients are furthered dissatisfied when they learn that consulting firms are using ‘blanket solutions’ rather than custom. “Many begin to demand pricing based on the outcome of the engagements rather than the amount of consultant effort put into them. By productizing their business models and frameworks, consultants can better provide repeatable, trackable solutions to specific client problems. The focus thus lies less on the expertise of the consultants conducting the engagement and more on the outcome of the engagement itself”(Blacklock,

Working with an understanding and responsive client helps to make the development process a positive one. Having realistic expectations and an understanding of the process is a bonus. A good client understands the overall picture and works with you as a team player to make the Web site a success.

This essay will examine how to best prepare a contract administration plan. The contract administration plan will examine different methods used in preparing a plan. This essay will explain how important it is to have technical and other support of personnel, the importance of surveillance, and to determine what functions need to be delegated, identify qualified personnel as well as authorized, it is necessary for the Contracting officer to be represented in administering contract requirements. Also there will be a discussion on what is determined

Most construction professional have no experience in law, but they at least need to have a clear understanding of their work involving contract construction. There not always gone be a time were professional will have time to consult lawyers on construction and bid contracts. When it comes down to bidding and contract bargaining the heat on construction professional is blistering. Profit is mostly the reason for bidding on a contract. To become successful in bidding a construction company has to have a great background for great work and prodigious completion timing. Some construction company bid for no profit when there company have been inactive for a while. They do it to keep their company up and running smoothly. To start a bid, a contractor must first prepare a bid packet. The first step in preparation is a cost estimate. The cost estimate should include material, labor, equipment, and subcontract costs. Then it is a must to add an additional amount for float and profit.

Before going to the Client , they should discuss with each other that what are the things will be discussed and be at a common platform.

Using different types of sources an explanation to the basic principles of contract law and how they apply. From doing this there will then be an explanation to what extent standard forms of contract are special types of contract. Contract that has been chosen is the JCT 2005 standard from of contract with quantities.

1) Having sufficient knowledge of contracting principles as it relates to their responsibilities in administering the contract

For our everyday purpose, we have to meet with different category people. Due to the blessings of globalization, now, we people have been able to communicate with people from outside of our country. Globalization system has made it easy for us to express our needs and demand to outside of the world and get the best solution. All these developments have made our business world faster than ever and this trend is still going on. But to take any sort of massive or minor project, we have to sit with many different parties and make lawful agreement with them so that one party can demand for their legal right if necessary. This assignment has been designed completely on aspects of contract. How a contract can be formed and what are the necessary elements for the formation of a contract have been comprehensively explained here.

The first step in consultancy service is the phase of discovery. Under this phase, the consultant has to understand the business of the client. A flourishing business consultant will take time in learning information on business. This may include things like facility touring, making arrangements with the board members and employees, making analysis of finance information and reading all important materials in the firm.

Guidelines: You need to specify the essentials of the contract like written terms, verbal, implied etc, terms & conditions, validity, the area of application, acceptance & intent in each situation to achieve P1.1