Time Management of Projects by Applying the FIDIC Conditions of Contract
Time Management of Projects by Applying the FIDIC Conditions of Contract

Author(s): Stoyan Neychev
Subject(s): Social Sciences, Economy, Business Economy / Management, Sociology, Methodology and research technology, Management and complex organizations
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: time management; FIDIC conditions of contract
Summary/Abstract: In the implementation of large investment projects, it is a common practice to exceed the set budget and/or extend the time for completion compared to a predetermined duration. As a general rule, the contractual relationship between the parties implies effective project time management. One of the best examples and templates for the above is the FIDIC conditions of contract, containing detailed and time-tested methods for efficient project time management. The present study briefly reviews the main methods in this regard.

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