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15 March 2011 · Article

'Management Of Change' In EPC Contracting --- A Win-Win Proposition

\r\n Traditionally, among all other facets of Contract Management, “Change Management” is among the most striking responsibilities for a Contract Administration & Management division.

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\r\n Today’s business and economic environment has made the discipline of ‘Change Management’ increasingly significant to Contract performance. The volatility of markets, the emergence of new technologies and the regular introduction of new regulations are among the causes of more frequent change, which pose a real challenge to costs, profitability and performance requirements.

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\r\n N. Balachandar, Department Head-Contract Administration & Management, Technip India Limited


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