FIDIC, NEC and JCT solve the same problem - allocating risk and managing change on a construction project - in three very different ways. Here's how to tell them apart and choose the right one.
Defined Cost and Disallowed Cost sit at the heart of every NEC cost-reimbursable contract. Here's how quantity surveyors on both sides of the table assess, audit and dispute them.
Even experienced QS professionals fall into the same five traps. Here's how to spot them before they cost you a project, a client, or your PI excess.
Profit is what a job is worth on paper. Cash is what's actually in the bank when wages fall due. This piece unpacks why a construction cash flow forecast matters more than a healthy margin, and what QSs and commercial managers can do about it.
Early warning notices are NEC's built-in risk radar. This guide explains the clause 15 duty, the Early Warning Register and meetings, and exactly how early warnings interact with compensation events.
Earned value management turns three simple numbers - planned value, earned value and actual cost - into an early-warning system for cost overruns and delays. This guide walks through the core formulas, a worked construction example, the software tools that support it, and where EVM falls short on site.
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