AN EXPLORATION ON CLAIMS AVOIDANCES IN CONTRACT ADMINISTRATION

Shajan.S; Sujithra.G

AN EXPLORATION ON CLAIMS AVOIDANCES IN CONTRACT ADMINISTRATION

Authors: Shajan.S, Sujithra.G

Unique Paper ID: 181572
Volume: 12
Issue: 1
PageNo: 4391-4395

Keywords: No Keywords Found

Abstract:
: This exploration researches into the strategies and principles that contribute to effective claim avoidance, focusing on several key areas. Clear contractual terms, including detailed specifications and defined roles, are essential to prevent mis- understandings and disputes. Effective communication, through regular updates and thorough documentation, helps address concerns early and maintains alignment among stakeholders. Change management practices, such as well-defined change orders and impact assessments, are crucial for handling scope adjustments without leading to conflicts. Risk management, encompassing risk assessments and contingency planning, prepares parties to address unforeseen events proactively. Performance monitoring and quality assurances ensure compliance with contractual obligations and standards. Training and awareness programs for stakeholders, along with robust dispute resolution mechanisms, facilitate early resolution of disagreements. Adherence to legal and regulatory requirements further reduces the risk of claims. By integrating these strategies, parties can minimize the likelihood of disputes and enhance overall project success, demonstrating that proactive management and clear communication are fundamental to effective claim avoidance in contract administration.

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ISSN: 2349-6002
Volume: 12
Issue: 1
PageNo: 4391-4395

AN EXPLORATION ON CLAIMS AVOIDANCES IN CONTRACT ADMINISTRATION

Available:https://ijirt.org/Article?manuscript=181572

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