Questions and Answers
True or false: Contract administration and contract management are the same thing.
False
What is the main focus of contract administration?
Commercial handling of contracts after they are awarded
True or false: The same team of professionals is responsible for both contract administration and contract management in the construction industry.
True
What is the reason for the conflation of the terms 'contract administration' and 'contract management' in the construction industry?
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True or false: Change orders claims, early payments or overpayment, and unsatisfactory performance can be prevented by implementing a structured contract administration program.
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What are some of the critical risks encountered during the performance period that can be prevented by implementing a structured contract administration program?
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