I’m studying for my Business class and need an explanation. The exam will hold on Feb 27 7:00 pm-8:40 pm Toronto time pls take a look for the PPT a show in below. pls make sure you have ability….
You are managing a project that is just barely within budget. You are confused because you know that your bid was high enough to produce a nice profit. You make a trip to the field to discuss the issue with the superintendent. At the site, you discover that the project owner’s and architect’s representatives have been communicating directly with your superintendent, giving verbal directions for corrections to the work. The superintendent has been dutifully correcting the work and charging the budget for the corrections. As you research the work, you find that the work is not deficient but that the corrections are minor changes to the design. You value this owner as a client but also value your job.
What are the ramifications of this situation? What steps do you think you should take to rectify the situation? While responding to the question, consider each of the parties (the owner, architect, engineer, and superintendent) involved in the project. Describe the details of each step with reference to contract law, where appropriate.
Write your answers in a 3- to 4-page Microsoft Word document.
Cite any sources using APA format on a separate page.