Podcast
Questions and Answers
As per the contractual mandate, which of the following might be within the decision-making authority granted by the owner?
As per the contractual mandate, which of the following might be within the decision-making authority granted by the owner?
- Choosing the project location
- Approving design changes (correct)
- Selecting staff for the project
- Deciding the project deadline
What is a key aspect to consider when making decisions about the yacht construction project?
What is a key aspect to consider when making decisions about the yacht construction project?
- The specific requirements or milestones specified in the contract (correct)
- The opinions of the project team
- Personal preferences
- The current market trends
What should be done if there are ambiguities in the contractual mandate and Power of Attorney?
What should be done if there are ambiguities in the contractual mandate and Power of Attorney?
- Seek legal advice (correct)
- Make an educated guess
- Ask the owner for clarification
- Ignore them
What should all decisions and approvals align with?
What should all decisions and approvals align with?
What is crucial to understand in the construction contract?
What is crucial to understand in the construction contract?