$53.50 – $96.30

Construction Project Management: Managing Variations Fundamentals

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Online Event

Event description
We will examine the contractual requirements to establish a variation and its valuation.

About this Event

Visit www.rics.org/SEAevents for more information.

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Overview

Variation is an alteration or change in the contract. It happens in every project. It is important to understand how a variation arises and establish its valuation. When variation happens, it is ought to be managed properly and in accordance with the contract.

It is therefore important to understand the contract provisions and general principle of variation and what is needed to be done under the Contract to safeguard the interest of the contractors, consultants and the employers.

This online session will examine the contractual requirements to establish a variation and its valuation as well as sharing on the common problems encountered on variations.

Learning objectives

  • General principle on variation and valuation
  • Examining contract provision on variation & valuation and its mechanism – power to order, order in writing
  • Variations under design and build contract
  • Valuation of variation & quantum merit

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FAQs

How can I contact the organiser with any questions?

Should you required further information regarding this event, please don't hesitate to contact us at sea@rics.org or at +65 6812 8173.

Reschedule or cancellation of event

Should the participant(s) be unable to attend, a substitute delegate is always welcome. Full substitution communicated in writing is allowed up to 72 hours before the event first commences and is only accepted after RICS's acknowledgment. Please note that there will be no refund or cancellation upon registration.

If you are residing outside the city or country where the event is held, kindly arrange your travel and accommodation only after receiving an email from RICS with further details nearer to event.

RICS reserves the right to cancel or reschedule the event at our discretion. We will do our best to email all attendees as soon as possible, should this occur. Should a reschedule or cancellation occur, RICS will not be responsible for any costs, damages or expenses (i.e. travel) etc. that you may suffer or incur.

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