Question: NEGOTIATION AND CONTRACTS QUESTION 5 a. Developing countries are experiencing project cost over-runs due to the numerous challenges in contract formation and contract management. Explain

NEGOTIATION AND CONTRACTS QUESTION 5

a. Developing countries are experiencing project cost over-runs due to the numerous challenges in contract formation and contract management. Explain six (6) common challenges associated with contract management in the developing countries.

b. The University council of KNUST is in the position to negotiate with the Ministry of Education on behalf of the Government. The ministry`s delegation is led by the president himself. Explain any five (5) types of power that can influence the negotiators.

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