The intention in project business should always be to resolve conflicts in negotiations between the parties. This is the fastest and easiest way, limiting costs and uncertainties.
It works for day-to-day issues, as well as for issues raised through contract process. By and large, with careful application, which requires more time and skills that one might think, negotiation solves many problems, and prevents others growing uncontrolled.
If this approach fails to bring a satisfactory result, there are still many steps, and choices, that parties can take to avoid costly lawsuits. This should be the focus, since lawsuits consume scarce management attention, take a lot of time to conclude, cause stress and huge cost, and potentially drag the business conflict into the public realm. The steps and options available are collectively known as Alternative Dispute Resolution, or "ADR".
The Project Business Foundation can help you to manoeuvre through the challenges of cross-corporate projects. We offer support and expertise in all forms of ADR. Our aim is to enable you, as cross-corporate contract parties, to see the benefits of the different ADR options, work out which one(s) will break the conflict, and to support you to control the problem and work to resolve it, all in a time-efficient and cost-effective manner. Our technical, organizational, and legal experts are ready to give you the help you need to resolve conflicts between parties in project business.
This is assured to always be done in a purely private and confidential setting.
