Commercial management in civil engineering
1-Critically analyse the use of project related commercial risk registers and their implementation
2-Determine financial control, through measurement of value of forecasting and work, within projects and programmes of work,
Instructions to the candidates;
Devise a appropriate management system that you as a commercial manager for the contractor would recommend to the project team for use on a construction or building contract.
The system must have the basic objectives of controlling costs and ensuring that you maximise your entitlement under the contract. It should be relatively plain and easy to implement for the staff and workforce on site and it could use the main contract management tools of:
• Programme
• Risk register
• Change control
Explain how each of the above system works and include a set of guide notes.
The project will be one from your own work experience or it may be a hypothetical project; possibly selected by research of information on real projects.