Contracts create legally binding obligations between the parties involved in a project. They describe the nature of those obligations and the actions that can be taken if they are not met. As such, the contract is a foundational document whose content will come to define the project and how the work unfolds. It is there to provide certainty and protection to the parties. But in a post-COVID world, there may be an opportunity for contracts to be used to create ongoing collaborative relationships, rather than simply defining strict requirements and being regarded as a tool to give parties leverage in the event of acrimony.
To find out a bit more, Project journal’s online editor Mike Hine spoke to two experts:
Further reading:
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