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Reducing Construction Costs - Uses of Best Dispute Resolution Practices by Project Owners, Proceedings Report (Paperback)
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Reducing Construction Costs - Uses of Best Dispute Resolution Practices by Project Owners, Proceedings Report (Paperback)
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The National Academy of Construction (NAC) has determined that
disputes, and their accompanying inefficiencies and costs,
constitute a significant problem for the industry. In 2002, the NAC
assessed the industry's progress in attacking this problem and
determined that although the tools, techniques, and processes for
preventing and efficiently resolving disputes are already in place,
they are not being widely used. In 2003, the NAC helped to persuade
the Center for Construction Industry Studies (CCIS) at the
University of Texas and the Alfred P. Sloan Foundation to finance
and conduct empirical research to develop accurate information
about the relative transaction costs of various forms of dispute
resolution. In 2004 the NAC teamed with the Federal Facilities
Council (FFC) of the National Research Council to sponsor the
"Government/Industry Forum on Reducing Construction Costs: Uses of
Best Dispute Resolution Practices by Project Owners." The forum was
held on September 23, 2004, at the National Academy of Sciences in
Washington, D.C. Speakers and panelists at the forum addressed
several topics. Reducing Construction Costs addresses topics such
as the root causes of disputes and the impact of disputes on
project costs and the economics of the construction industry. A
second topic addressed was dispute resolution tools and techniques
for preventing, managing, and resolving construction- related
disputes. This report documents examples of successful uses of
dispute resolution tools and techniques on some high-profile
projects, and also provides ways to encourage greater use of
dispute resolution tools throughout the industry. This report
addresses steps that owners of construction projects (who have the
greatest ability to influence how their projects are conducted)
should take in order to make their projects more successful.
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