Built Intelligence

Intro to NEC3 - Stimulus to Good Management

Intro to NEC3 - Stimulus to Good Management

This course gives an overview of how the NEC3 Family of contracts achieves its objective of stimulating good project management.

After completing this course you will be able to:

1. Understand why the stimulus to good management objective matters
2. Outline some of the key features of open book accounting, programming, early warning and compensation event clauses and how they enable good project management of contracts let under the NEC3 family, with a focus on the NEC4 Engineering and Construction Contract (ECC).