STUDY OF THE ROLE OF THE CONSULTING ENGINEER IN THE RISK MANAGEMENT SYSTEM IN THE IMPLEMENTATION OF CONSTRUCTION PROJECTS BASED ON FIDIC CONTRACTS

Aliaksandr Razgonau

Abstract


The article examines the significance of the consulting engineer within the risk management system in the implementation of construction projects based on FIDIC contracts. It is established that within a risk-oriented management model, this participant performs not only the tasks of technical supervision and contract administration, but also contributes to the prevention of adverse events, the allocation of responsibilities between the parties, and the procedural resolution of emerging disagreements. Using examples of infrastructure projects, it is shown that the effectiveness of such participation depends both on the chosen contractual framework and on the degree of formalization of project procedures. The paper analyzes the powers of the consulting engineer and highlights the importance of their involvement in coordinating changes, documenting contract-relevant circumstances, and reducing the likelihood of disputes.

JEL: K12, L74, D81


Keywords


FIDIC, consulting engineer, risk management, construction projects, contract administration, dispute prevention

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DOI: http://dx.doi.org/10.46827/ejefr.v10i3.2226

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