Highlights
Task
1. Discuss the requirements for a contract in meeting all stakeholders’ interests
a. Explore the contractual requirements of a project for a private client.
b. Explain the contractual requirements for the Government of Hong Kong Special Administrative Region for this infrastructure project.
c. Contrast the contractual requirements of the Government of Hong Kong Special Administrative Region and a private stakeholder for this kind of a major project.
d. Critically evaluate the contractual requirements for the Government of Hong Kong Special Administrative Region in compliance with legislation.
2. Determine the criteria for the selection of a contract
a. Assess how time, cost and quality affect the selection of a contract.
b. Evaluate the ways in which time and quality affect the cost of the Project.
c. Analyse the Project in terms of the selection criteria for a contract that satisfies the requirements of the client.
d. Evaluate the Project in terms of risk for all stakeholders.
3. Analyse different types of contracts and their application to the built environment
a. Analyse the factors that influence the selection of a contract used to control and manage a project.
b. Compare forms of standard contracts in terms of meeting a balanced risk.
c. Justify the selection of the contract in meeting the strategic values of the client.
4. Select and prepare an appropriate form of contract for a specific project, specifying the terms and conditions
a. Revise a standard contract in meeting the requirements of the client.
b. Present the rationale for defining selected terms and conditions in the preparation of the contract.
c. Compare the terms and conditions of similar contracts in meeting clients’ requirements.
d. Discuss how collaboration between contractors and sub-contractors influence contractual arrangements.
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