Overview of Construction Management to Project Finalisation

Regular project meetings as agreed in the Contract are to be conducted during the Construction (Delivery Phase) of the Project. This enables appropriate management and administration of the Contracts as well as the Project. During this period, variations and claims require effective management to comply with such legislation as Security for Payment.

After completing Construction, Commissioning and Handover and the Defects Liability Period commence. Critical financial steps are also required, such as Asset Notifications, returning Bank Guarantees and closing financial instruments.

Project Staff should refer to the "Guide to Project Financial Management" for further detail on such financial requirements.