Our speakers shared their expertise and practical insights on the risks, challenges and disputes that can arise throughout a project lifecycle, from delay and disruption, and quantum analysis, to damages and technical issues. The panel discussions highlighted how seemingly minor issues can quickly escalate into significant commercial and technical disputes, offering attendees valuable strategies for identifying risks early, managing complexities effectively, minimizing costly outcomes and how the chances of successfully resolving disputes can be enhanced through a multidisciplinary and team-based approach.
Key Takeaways:
- By setting realistic, clearly understood and mutually agreed-upon expectations at the outset of a contract, parties may be able to avoid unnecessary disputes.
- Early involvement of legal and expert teams can help resolve disputes quickly and amicably; but as always recordkeeping remains extremely important.
- The cost recovery on a disputed project is not always fully realized. Leveraging Kroll’s cross-service approach, such as delay, quantum, technical, economics and investigations expertise, can help clients with multi-aspect cost recovery in complex disputes.
