This time on the Roadmap, we’re exploring troubled projects. These are projects that are not in litigation territory yet but are having problems.
Our experts Toby Crick and Anneke Pol discuss how to manage projects as they start to go wrong to try and avert failure, avoid disputes and work out a sensible way forward. They consider the importance of contractual change mechanisms, open but carefully managed dialogue, judicious use of escalation mechanisms and, if at all possible, having some flexibility when pricing the deal.
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