Often, there is confusion between the roles, responsibilities and day-to-day functioning of a Joint Venture versus a Consortium. This post looks deeper into the reasons why and when to use either and their differences.
This post describes the event organized by EBRD at its headquarters in London on the 27th of September 2018. The event was about the changes introduced with the new Red and Yellow Books of the 2017 rainbow suite. FIDIC, EBRD’s Clients and Contractors all had the opportunity to express themselves.
Project teams, in general, and Contract Managers, in particular, often speak in a detached way about the contrat: “unfortunately, the contract says the following” as if it came from somewhere and was cast in stone. This posts reflects on the freedom and opportunity to change contracts.
Companies are gradually reducing their staff to below the levels needed to be fully operational. The successful companies of the future will only have a core of employees to establish and maintain the company’s culture, strategy, brand, focus etc and rely on well-selected external resources. In this post, we have reflected on vital points in that context: confidentiality, dependence, value creation and risk analysis.