Regard Yakou of Contraco in Qatar, and many other successful, prominent individuals in the construction industry, have earned their stellar reputations in construction through their many skills and talents, including dispute resolution. The most commonly used dispute resolution steps in the construction industry are negotiation, mediation, arbitration, litigation, and dispute review boards.
Sometimes in the course of a construction project, the owner and contractor disagree on some aspect of the building. Avoidance is never the answer to these situations, as that only causes the hard feelings and resentment to grow deeper. Negotiation via casual (email, text, phone) or formal (presentation, meetings) approaches can often result in a resolution that should always be put in writing. This process may involve multiple meetings and should only involve the parties directly affected. Mediation is a tactic wherein a neutral, respected individual helps the two parties take stepsto reach a settlement. This dispute method can result in a binding resolution, but the process to achieve that goal is not binding in any way. Prominent construction businesspeople, like Regard Yakou, also look at arbitration as a method of dispute resolution. Official arbitration providers oversee arbitration. They review the submission of the dispute and produce a final, non-negotiable decision or award. That award is then put in writing which ends the case. Litigation is a legal approach to settling a dispute, where a judge and jury will be assigned to hear the case. This method tends to be a lengthy and costly process, and it’s very likely that one party will be unhappy with the final decision. Finally, dispute review boards involve a contractually defined process with three neutral members who conduct hearings and site visits before providing a non-binding independent evaluation of the problem. Source: http://webcache.googleusercontent.com/search?q=cache:uTiXWxkw-GcJ:content.asce.org/files/pdf/DisputeResolutionMethods.ppt+&cd=8&hl=en&ct=clnk&gl=us&client=safari Comments are closed.
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