Planning for disaster

Posts Tagged ‘management reserve’

Planning for disaster

In times of disaster, we tend to call in force majeure on our projects, and therefore, keep our hands off. Stating no-one could foresee the possibility and impact of said force majeure, we cannot handle it within our project objectives of scope/time/cost. Both employer and contractor will take their responsibility and take a piece of the incurred damages. But can’t we plan for disaster? Are there established principles to do so?

Niels Ligtvoetby Niels Ligtvoet

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