Abstract
The paper aims to analyse the construction contracts provided by FIDIC (International Federation of Consulting Engineers) and to determine their usefulness in respect of technical risk management. Contractors of international construction projects are often faced with complicated situations working with design documentation. One of the potential financial risk factor is associated with the frequent changes of documents and improper channels of communication between project partners. One of the major aspects is project financial and technical risk management. Project developers need various models of managing large and complex projects.
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Ustinovichius, L., Zavadskas, E., Migilinskas, D., Malewska, A., Nowak, P., Minasowicz, A. (2006). Verbal Analysis of Risk Elements in Construction Contracts. In: Luo, Y. (eds) Cooperative Design, Visualization, and Engineering. CDVE 2006. Lecture Notes in Computer Science, vol 4101. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11863649_36
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DOI: https://doi.org/10.1007/11863649_36
Publisher Name: Springer, Berlin, Heidelberg
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