Construction Project: Analysis of Legal and Commercial Risks in UK

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Added on  2020/10/22

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This report examines the legal complexities and commercial risks inherent in construction projects, focusing on regulations such as the Construction Design and Management Regulations 2015 and the Construction and Regeneration Act 2011. It outlines the importance of adhering to building regulations and the Construction Industry Scheme. The report further analyzes various commercial risks, including pure, fundamental, and speculative risks. Additionally, the report investigates the role of the project manager, including their responsibilities and potential negligence within the UK construction sector, exploring aspects of contributory negligence related to project management duties, safety, and financial management. The report provides an overview of the construction industry's legal framework and the project manager's duties and liabilities.
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Construction Project
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Topic 1: Legal complexities and commercial risks associated with the construction project:
Background
The regulation which must be considered and adhere while carrying on construction
project are:Construction design and management) regulation 2015,this regulation covers
management of health, safety and welfare of workers and employee while carrying out
construction projects. This requires planning the work that risk involves can be mange from
starting till end, have right people for right job. Construction and regeneration act 2011: this act
ensures that payments are made timely throughout construction supply chain and any dispute if
arises is solved fast (Construction industry scheme, 2018). This lays down terms and conditions
which must be incorporated in construction contract, such as payment dates must be set out in
advance in contract. Building regulation: these are minimum designing, construction and
alteration standards for every building. For this approval of design and construction of building
must be taken from building regulation advisory committee. Construction industry scheme:
under this contractor deduct money form payment of subcontractor and pass on to HM revenue
and customs. This deduction is considered as advances payment of tax and national insurance of
subcontractor.
Commercial risk associated with construction project are- pure and particular risk which
is related with damages to person and property involved in constriction process. Insurance cover
against this must be taken and mentioned in contract. Another is fundamental risk that include
damages due to war, nuclear pollution and supersonic bangs, governmental policies. Next is
Speculative risk related with assessment and speculating future risk related with losses,
uncertainties or natural calamities.
Research aim and objectives
Aim:
to determine Legislations and legal regulation to be comply while carrying on
construction projects
Objectives: To determine legal procedures and formalities to be fulfilled in construction project.
To determine risk related with construction project.
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Topic 2: Analysing contribution and contributory negligence aspects related to the project
manager in the context of UK construction sector.
Background
contraction managers are termed as project manager ans in this research project what
typically a manger does is presented. Basically preparation and negotiation cost are estimated by
him. Reports on work projects and clients budgets matters are addresses. Project manager
collaborates with engineers, architects, and other specialist related with building and construction
(Negligence of project manger, 2018). The responsibilities includes planning, directing,
budgeting and supervising subordinates, personnel and activities. In this research project
negligence on part of project manager is presented. A manger have responsibility and liabilities
towards contribution project and personnel and activities involved. Contributory negligence is on
behalf of project manager who gets negligence towards his/her duties and responsibilities
related with construction project. Negligence can be for activities, health and safety of personnel,
management of finance and other actions associated with construction project.
Research aims ans Objective
Aim:
Aim of the study is to analyse contribution and contributory negligence pertaining to
project manager in the context of UK construction sector.
Objective
To determine duties and responsibilities related with project manager.
To identify negligence on part of manager of construction project.
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REFERENCES
Online
Construction industry scheme. 2018. [Online]. Available through<https://www.gov.uk/what-is-
the-construction-industry-scheme>.
Negligence of project manger. 2018. [Online]. Available
through:<https://www.ukessays.com/essays/english-literature/negligence-project-manager-
in-construction-industry-english-literature-essay.php>.
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