Question: Discuss why good contract practice is important in the project management? Describe the contract strategy that can reduce some risk for the project management. Elaborate

Discuss why good contract practice is important in the project management?

Discuss why good contract practice is important in the project management? Describe the contract strategy that can reduce some risk for the project management. Elaborate the legal and operational principles of contract that can be used for the project management. You may discuss this point at least by 200 words. Give appropriate reference and citation for your answer. (25 Marks)

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