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Showing posts from July, 2019

Reasons Quantum Analysts Should Have Problem-Solving Skills

"You can never solve a problem on the level on which it was created." — Albert Einstein The construction industry is the backbone of economic progress in the UAE. No doubt, the foundation of this sector is set on the right pathway from the very start. In this way, the construction is not just a business but hope for many stakeholders and shareholders. However, construction projects across the GCC have declined considerably in the first quarter of 2019. Many factors are contributing to this situation, including financial disputes. Owing to this reason, construction managers and project owners prefer hiring experienced quantum expert during the initial phases of disagreement to avoid disputes. Not only this, they ensure financial transparency through earlier analyses and inspections. While selecting financial appraiser, it is better to look for problem-solving skills owned by him as it is the key to construction dispute resolves. Top Reasons Problem-solvi

Role of Financial Analysts in Delay to Progress Construction Projects

The success of the construction industry is in keeping the operations in process for timely completion. It is because if the progress of the projects hinders to any reason, the delay is the potential outcome.   For this reason, contractors should consider accomplishing their tasks and activities before for optimization of the timeline. Particularly considering the industry of construction in UAE, one can say that speedy accomplishment of the process is critical for maintaining a good reputation in the marketplace. Therefore, it is essential to consider delay-to-progress process seriously as they can cause disputes among the contracting parties.    There are a dozen things you can do to prevent issues related to delayed progress. But it is suggested to look for professional assistance from a quantum expert for in-depth analysis. Read the article till the end for more information related to the role a financial appraiser can play for mitigating the impact of procrastination.

How to Deal With the Challenges of Construction Arbitration

Arbitration is sought as a last resort in the construction industry. Generally, the claiming parties move to the court for resolving their disputes. In this way, courts play the role of arbitrator to eliminate the issue between the conflicting parties. In this way, the arbitrator is generally the tribunal member with essential experience of dealing with claims in mega projects. The laws vary from country to country, and so if you are dealing with construction claims in UAE, you should be aware of the process. However, it is not easy to face the challenges of legal proceedings as you have to take assistance from an experienced quantum expert , legal advisors as well as technical professionals. To avoid mistakes, it is better to consider the post for some easy tips to help you get through the process. Top Tips to face the Challenges in Construction Arbitration Nevertheless, claims in construction are complicated that need to be dealt with an iron hand. For this reason, many cl