Contract and Claim Management

Question 1

Successful Claim - Basis (4)

Answer 1

1) Event
2) Legal Basis
3) Evidence
4) Enforcement

Question 2

Sales, General Contract Management Steps (4)

Answer 2

1) Analysis of contract and spec
2) Commenting
3) Contract Negotiation
4) Finalization

Question 3

Claim Strategy- 3

Answer 3

Set at the beginning of a project.
1) Active
2) Defensive
3) Preventive

Question 4

Claim Handling - 5 steps

Answer 4

1) Identification - notification
2) Analysis
3) Decision
4) Announcement
5) Enforcement

Question 5

Treatment of Claim - Textbook (costs/rev)

Answer 5

Costs: Costs attributable to claim before contractual agreement have been made - treated as progress relevant cost
Rev: Only when agreement reached

Question 6

Treatment of supplier claim

Answer 6

Additional costs = increase plancost
Agreement reached = Receivable of costs / reduction of progress relevant costs + reduction in plan cost