6.1. Variations

Try these first

1. 1.

   What are variations in the context of contract management?

   Hint

   Think about changes necessary due to unforeseen circumstances.

2. 2.

   Name one example of a differing site condition.

   Hint

   Consider what unexpected conditions may appear when building.

3. 3.

   What are variations in contract management?

   • Changes that require re-signing contracts
   • Authorized changes affecting project cost or time
   • Changes that are never documented

   Hint

   Think of changes that officially improve or maintain contract execution.

4. 4.

   True or False: Differing site conditions can lead to contract adjustments.

   • True
   • False

   Hint

   Consider unexpected events as a potential for contract variance.

5. 5.

   Consider a construction project that faces unexpected environmental regulations midway through. How would you approach managing this variation?

   Hint

   Think about the legal and logistical steps required.

6. 6.

   A contractor faces a 20% rise in material costs due to geopolitical tensions. Discuss the steps to analyze and implement a cost escalation clause.

   Hint

   Consider both the contractor’s and client’s interests.