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Assignment example - Quantity Surveyors Role in Construction Dispute Resolution
Engineering and Construction
Pages 8 (2008 words)
Wastage of time and money due to disputes has always jeopardized the construction industry but due to the recent phenomena of globalization the probability of occurrence of disputes has increased drastically. The reason being variety of parties with different cultural and legal systems engaged in a single project with varying interests…
Extract of sample
The system being young is in a phase of evolution, hence some of them are the there are several techniques that are devised for the execution of the approach. This paper will cover the most relevant and applied ones with respect to the construction industry of UK. In addition, I strongly believe that we discuss techniques which are being discussed and administered under Arbitration Act 1996. The techniques that are discussed in this paper would be as following, 1. Negotiation, 2. Arbitration, 3. Mini-trial , 4. Dispute Review Boards/ Dispute resolution boards, 5. Mediation 1. Negotiation One of the foremost and basic techniques is negotiation. This technique is discussed first due to the fact that it occurs first in the process of dispute resolution. In this the parties in dispute resolve the issue themselves and no third party is involved in the process. The process of conducting this technique is simple and basic, where the two parties meet, preferable face to face, discuss upon the issues, finally coming to a mutually agreeable point. If this point is reached than normally the process end with an issues of a letter of agreement or memorandum of understanding, which will act as partial bidding for future line of action for both parties. The advantages of this technique are that it cheapest and quickest for the parties. ...
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