Why Construction Projects are Immune from Economy: Change Orders & Delays - American Institute of CPAs
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Regardless of the vicissitudes of the economy, construction projects inevitably experience change orders and delays, which often result in unproductive and wasteful litigation. Managing the process correctly to avoid litigation is critical to a successful project. Understanding the contractual mechanisms for navigating the change order and delay process is the hallmark to achieving the finish line. This means properly staffing the project with individuals who understand the process and are capable of carrying it out. This course will provide the basic educational framework for recognizing changes and delays, and perfecting the parties' interests, while not jeopardizing project outcomes.
Learning Objectives:
Identify how to avoid litigation
Identify the processes of changes and delays to protect rights