Evaluation of contractural risks of contractors in real estate projects : a case study of the IOS Saigon Project | |
| Author | Nguyen Trong Trung |
| Call Number | AIT Proj. no.MPM-CM-24-04 |
| Subject(s) | Project management--Vietnam--Case studies Risk management--Vietnam--Case studies Real estate development--Vietnam--Case studies |
| Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction Engineering and Infrastructure Management |
| Publisher | Asian Institute of Technology |
| Abstract | In terms of Contract management, it has proved key when dealing with the current crisis. Contract management is extremely important in project management. Referring to the contract, the project manager will treat and adjust the relationship as well as contradiction between interests and liability of the parties concerned in the project. Therefore, being a project manager, he or she needs to master the sequence of steps of signing and implementing the project contract, the arising issues and conditions of alteration, omission or termination of project contract as well as the approaches to resolve and settle disputes in the contract. Once dispute arises, it is wise that the parties should seek negotiation, discussion or conciliation. This approach is simple, effective and has little cost while claim and arbitration approach is more complicated, costly, and waste of time during this tough period of time. The main point of this report is to analysis the contractual risks and propose the mitigation measurement in four ways: • Risk avoidance • Risk sharing • Risk reduction • Risk transfer Moreover, the report highlighted that the essential of risk table has to establish before doing the contract negotiation and administration. In addition to the discussions which describe how effective of risk mitigation methods. |
| Year | 2024 |
| Type | Project |
| School | School of Engineering and Technology |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (Professional Master) (MPM-CM) |
| Chairperson(s) | Hadikusumo, Bonaventura H. W. |
| Examination Committee(s) | Wasan Teerajetgul;Sakul Pochanart |
| Degree | Project (M. Eng.) - Asian Institute of Technology, 2024 |