CONTRACT CHANGES AND MONITORING CONTRACTOR PERFORMANCE

Contract Changes and Monitoring Contractor Performance

Contract Changes and Monitoring Contractor Performance

Introduction

Human capital is critical to success in completing the project BETCO store construction-N-Lock. In this paper, Team A will discuss the components of human capital, management selection of team communications, revisions to the project, project costs and project monitoring. BETCO will identify the project's organizational structure and create a responsibility for tasks and resource availability matrix to identify resource conflicts. Variance analysis and budgeting and implementation schedule will also occur at this point. Finally BETCO will monitor the performance to discuss how the reports of team activities and how stakeholders are informed of the performance. Communications Management Communication management is a tool for the MP Store-N-Lock used to transmit performance evaluations for all stakeholders. Evaluations are conducted regularly to ensure that objectives are various projects completed on time and within the framework of the project to achieve results. The following considerations are taken into account when meetings are scheduled: BETCO carrying out the management of effective communication is essential when information is transmitted to other people involved in the project. Poor communication can cause bottlenecks, BETCO reviewed the many elements of effective communication, potential obstacles and prepared by keeping information clear and easy to understand. PM plans on providing BETCO Gantt charts to all those involved so they can view and track real progress. The benefits of effective communication using software are: planning face-to-face can be difficult: therefore, BETCO uses the conference call, e-mails and text messaging to stay in touch. This will allow rapid and minute changes to be communicated. Since visual aids will be forwarded to stakeholders for the review during the conference call. Those who are involved can cross the project's progress and identifying action items requiring attention. The representative BETCO, Team A PM and staff and Store-N-Lock can decide the frequency of meetings necessary to discuss the project performance. Team Selection Team A has chosen the Pure project organization structure. Team A won the client's written approval in the form of a charter signed, which became the contractual agreement and project proposal. This document will provide guidelines to set up and implemented by the PM. The pure project structure was chosen because it is a project of motor structure and is best for construction firms (if the cost is not too large), or a "one-time, very specific and ...