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Managing reality managing change book four

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Managing Reality Book 4 Managing Change is for those who are managing change under the contract; whether for the employer or the contractor (or subcontractor) the management of change is often a major challenge whatever the form of contract. The ECC deals with change in a different way to traditiona...

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Bibliographic Details
Main Author: Mitchell, Bronwyn
Other Authors: Trebes, Barry
Format: Book
Language:English
Published: London, UK Institution of Civil Engineers (ICE) 2005
Edition:2nd ed.
Subjects:
Construction contracts > Great Britain > Management
Construction contracts > Law and legislation > Great Britain
Construction industry > Great Britain > Management
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Table of Contents:
  • Book 1. Introduction to the engineering and construction contract
  • Book 2. Procuring an engineering and construction contract
  • Book 3. Managing the contract
  • Book 4. Managing change
  • Book 5. Managing procedures
  • Compensation Events
  • Compensation Event Procedure
  • Full and Shorter Schedule of Cost Components
  • Example Quotations for Compensation Events
  • Example People Cost Calculations
  • Comparison between traditional preliminaries build-up and how they relate to SCC and SSCC
  • Interrelationship between Contractor's and Subcontractor's share on target cost contracts
  • Compensation events
  • 1.1 Introduction
  • 1.2 Compensation event procedure: background
  • 1.3 What is a compensation event?
  • 1.4 Where to find a list of compensation events
  • 1.4.1 Core compensation events
  • 1.4.2 Main Options B and D only
  • 1.4.3 Secondary Options X14, Y(UK)2 and X15
  • 1.4.4 Contract Data (part one)
  • 1.5 Roles of the Project Manager and Contractor
  • 1.6 Administering compensation events
  • 1.6.1 Changes to the Completion Date
  • 1.6.2 Changes to the Prices
  • 1.6.3 Procedure for change
  • 1.6.4 Cost of preparing for quotations
  • 1.7 Notification of a compensation event
  • 1.7.1 Proposed instruction or changed decision
  • 1.7.2 Notification by the Project Manager
  • 1.7.3 Notification by the Contractor
  • 1.7.4 The four-point test
  • 1.8 Quotations for compensation event
  • 1.8.1 Introduction
  • 1.8.2 When are quotations submitted?
  • 1.8.3 Instructions for quotations
  • 1.8.4 What is included in the quotation?
  • 1.8.5 Acceptance of a quotation
  • 1.9 Assessment of quotations
  • 1.9.1 Assessment by the Project Manager
  • 1.10 The use of the programme for the assessment of compensation events
  • 1.10.1 Programmes which accompany compensation events
  • 1.11 Implementation of compensation events
  • 1.12 Reduction of Prices
  • 1.13 Frequently asked questions
  • 1.13.1 Eight-week barrier
  • 1.13.2 Claims
  • 1.13.3 Project Manager does not notify
  • 1.13.4 Early warnings
  • 1.13.5 Grouping compensation events
  • 1.13.6 Amending the contract prior to execution
  • 1.13.7 Removing compensation events
  • 1.13.8 Adding compensation events
  • 1.13.9 The Project Manager fails to act
  • 1.14 Format of a compensation event quotation
  • Appendix 1 Compensation event procedure
  • Schedule of Cost Components
  • 2.1 Introduction
  • 2.2 What is the Schedule of Cost Components?
  • 2.3 Why has this approach been taken?
  • 2.4 Assessment options
  • 2.5 When is the Schedule of Cost Components used?
  • 2.5.1 Priced-based contracts - Options A and B contracts
  • 2.5.2 Cost-based contracts - Options C, D and E contracts
  • 2.5.3 Option F contracts
  • 2.5.4 SCC summary
  • 2.6 Defined Cost
  • 2.7 The Fee
  • 2.7.1 The Fee
  • 2.8 The components of cost included under the full Schedule of Cost Components
  • 2.8.1 Working Areas
  • 2.8.2 Cost component heading 1: People
  • 2.8.3 Cost component heading 2: Equipment
  • 2.8.4 Cost component heading 3: Plant and Materials
  • 2.8.5 Cost component heading 4: Charges
  • 2.8.6 Cost component heading 5: Manufacture and fabrication outside the Working Areas
  • 2.8.7 Cost component heading 6: Design outside the Working Areas
  • 2.8.8 Cost component heading 7: Insurance
  • 2.8A The components of cost included under the shorter Schedule of Cost Components (SSCC)
  • 2.9 Contract Data part two
  • 2.10 Putting it all together for payment - Option C
  • 2.11 Audits
  • 2.11.1 Compensation events
  • 2.11.2 Options C, D and E
  • 2.12 Use of the Shorter Schedule of Cost Components
  • 2.12.1 People
  • 2.12.2 Equipment
  • 2.13 Practical issues
  • 2.13.1 Working on multiple projects on the same site
  • 2.13.2 Example of the principles of the assessment of change
  • 2.13.3 Omissions
  • 2.13.4 Project Manager's assessment
  • 2.13.5 Numerous small compensation events
  • 2.13.6 Issue of Site Information drawings
  • 2.13.7 Occasions when Defined Cost is not used
  • 2.14 Preliminaries and people costs
  • 2.14.1 Introduction

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