Podcast
Questions and Answers
What is contract administration?
What is contract administration?
- A process of administering a legally binding agreement (correct)
- A type of contract commonly used in construction
- A technique for resolving contract disputes
- A method of negotiating contracts
What is a key responsibility in contract administration?
What is a key responsibility in contract administration?
- Planning for the contract (correct)
- Negotiating contract terms
- Resolving contract disputes
- Terminating the contract
What is involved in putting a contract in place?
What is involved in putting a contract in place?
- Managing the contract
- Enforcing provisions of the contract
- The putting into place of the legal framework (correct)
- Managing the parties to the contract
What is a key aspect of managing a contract?
What is a key aspect of managing a contract?
What is involved in enforcing contract provisions?
What is involved in enforcing contract provisions?
What is the goal of managing the parties to a contract?
What is the goal of managing the parties to a contract?
What is the life of a building construction contract administration?
What is the life of a building construction contract administration?
What is a key aspect of contract administration responsibilities?
What is a key aspect of contract administration responsibilities?
What is the purpose of planning for a contract?
What is the purpose of planning for a contract?
What is involved in contract administration?
What is involved in contract administration?