Very informative lecture. In depth comparison of NEC and FIDIC Contracts.
At 24 minutes, one reason a contract tender might be specified in more than one currency is to provide a buffer against exchange rate fluctuations. Or, to avoid exchange losses, the contractor might want to receive payment in the local currency for using in fulfilling payroll obligations. But, the international business management teaching focuses more on securing profits against major shifts in exchange rates.
57:09, "Nine out of ten programs don't work, will never work..." You said it, brother.
Very informative. Thank you.
Good Job ;)
Very nice lecture but should have been followed by other Lectures of the seminar as wellLiaqat Hayat
This presenter has no idea about the different types of float; he is only referring to float hidden within the critical path. There is free float, total float and, in general, float on non-critical paths. You really need to get presenters who understand the topics completely; don't ask a lawyer/QS to give a lecture on delay analysis or float.
@MindfulContractAdministrator