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(CDR-4059) Benefits for Dispute Boards with the Application of AACE International Recommended Practices

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Level: Basic
TCM Section(s):
6.4. Forensic Performance Assessment
6.2. Asset Change Management
Venue: 2023 AACE International Conference & Expo

Abstract: Dispute Boards (DBs) are a mechanism for avoidance and resolution of disputes in complex projects worldwide, with several variations concerning its establishment (beginning of contract or ad-hoc) and scope of decisions (assistance, review, resolution, adjudication, and others). DBs are usually formed employing three impartial professionals with experience and knowledge in the type of the work of the contract. Some AACE International (AACE) recommended practices (RP) are applicable for analysis of usual issues during the DB process in disciplines such planning, schedule control, cost analysis, estimating and others. This paper identifies some of these AACE RPs and their related benefits as a tool to avoid or mitigate claims and disputes.