Of course, the goal of any project is a successful contract completion. Companies strive to draft air-tight contracts that minimize risk throughout the project life-cycle. But despite all efforts, disputes may arise.
To avoid costly and time-consuming litigation, the ideal pathway to resolution is through mediation, arbitration, and negotiation. Effectively managing the process of resolution requires contract management experience, industry knowledge, and carefully cultivated negotiating skill. The team at FSG can provide personalized service and collaborate with your organization to ensure you have all resources available. .And we are also positioned with experience in contract management and strategic advising, positioning your team favourably to be a powerful force in any resolution negotiations.
Strategies for Resolution
When claim and dispute challenges arise within a project, the clock stops. These conflicts can delay progress and cost significant time and money; impacting profitability. Swift resolution is of benefit for all parties involved. Ensuring that you have mobilized a team of professionals skilled in navigating this process is the best way to achieve your ideal outcome. Engaging FSG means you have all the resources for a successful settlement. We have the experience and insight to prepare and support your organization. We have proven techniques to ensure successful dispute resolutions through skillful negotiation strategies.
Keys to Successful Resolution
The ability to execute a swift resolution strategy will allow you to refocus on the successful completion of your project. The team at FSG is skilled at navigating dispute resolution and implements the following strategies to ensure optimal outcomes:
- Acknowledge the Problem- When a dispute arises, addressing the problem honestly and acknowledging that each stakeholder may view the challenges differently will help establish a clear outline of all issues that need to be resolved. Be careful not to minimize the severity of the issue or the stakes for any party.
- Seek Common Ground- The reality is that all parties seek resolution of the dispute and delays cost time and money impacting the bottom line of a project for everyone. We keep the tone of the negotiation focussed on resolution rather than fault-finding and complaining to ensure momentum towards a solution.
- Explore Scenarios- Asking all stakeholders to propose scenarios and fully exploring each suggestion allows us to examine different pathways to resolution, identify possible consequences, establish likely benefits, and seek an ideal outcome. Plus all parties will feel their concerns are being addressed and will remain invested in the resolution strategy.
- Just the Facts- Keep the process of negotiation focussed on data, regulations, laws, responsibilities and obligations, and case histories rather than frustration, disappointment, and blaming.
- Confident Negotiating- Partner with skilled negotiators like the team at FSG can give you an advantage at the table. We have the expertise and experience to build a robust, fully supported case that can withstand scrutiny and provide solid solutions to resolve disputes swiftly.
- Implement an Action Plan- The execution of an agreed-upon strategy for resolution must be actualized with a practical action plan. Carefully negotiated action items, deadlines, accountability, and reporting are critical components of ensuring the dispute is resolved fully.
Navigating the journey to an ideal resolution requires a well planned and executed strategy. Backed with a proven history of successful settlements, a strong network of support professionals like lawyers and industry experts, processes for forensic analyses, and tested strategies for resolution, FSG is committed to saving you time and money by negotiating a strong solution.
Partners in Resolution
Negotiating a resolution for a claim or dispute can be complex and consuming. Partnering with a team like ours at FSG means you will have comprehensive guidance through the process to final settlement. We can provide a swift analysis of the contract and challenge and provide a customized solution strategy leveraging our insight and network of legal professionals and industry experts. We can mobilize our team quickly to execute a timely resolution and allow you to refocus your resources to complete your project contract. Contact us now to lead your dispute negotiations.
Partner With World-Class Skill And Experience
FSG is uniquely positioned within the global Pipeline, Windfarm, Waste to Energy, and Road & Bridge Infrastructure construction markets to deliver excellent Contract Management, Claim and Dispute Resolution, and Strategic Advice services. We focus on projects throughout Canada and the UK but can mobilize quickly to guide projects anywhere in the world. Leverage our experience providing solutions for the successful fulfillment of your next contract.
Maximize Profit. Minimize Risk.
Maximize profitability and minimize risk throughout your project life-cycle by partnering with the skilled, knowledgeable team at FSG. Whether you are seeking skilled Contract Management, intelligent Dispute Resolution, or expert Strategic Advice, connect with FSG to ensure the optimal outcomes for your next commercial project.