Managing Projects’ Uncertainties—Enable Yourself

Sharat Sharma
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Sharat Sharma: Delhi Metro Rail Corporation Ltd., Former Director Operations

Chapter 8 in Infrastructure Project Completion, 2026, pp 145-175 from Springer

Abstract: Abstract The timely project completion and cost control are critical, but often challenged by variations—changes in scope, quantities, specifications or unforeseen circumstances. The main contractual mechanisms for managing such changes: cost adjustments (especially for price escalation), contractor claims, and variations to the contract. While claims and variations are inevitable, their impact can be mitigated through careful contract preparation, early settlement of issues and a collaborative approach to problem-solving for timely completion of the project.

Date: 2026
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DOI: 10.1007/978-981-95-6441-5_8

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