Level: Basic
Author(s): Avinash A. Gaikwad
Venue: 2017 AACE International Annual Meeting, Orlando, FL
Abstract: Alternative dispute resolution processes (ADR) covers various means of disputes resolution beyond the scope of formal litigation. These processes include negotiation, arbitration, conciliation, mediation, etc.
Mediation is a voluntary, non-binding and private dispute resolution process wherein a neutral person helps the parties towards achieving a negotiated settlement.
This paper will focus on how the principles of Mediation are applied to achieve desired results while settling a prolongation and disruption claim with the help of case study. It also discusses the various conditions where the Mediation principle can be suitably applied for settling disputes/claims in Construction industry. At the end recommendations will be provided on how this method can be applied under different circumstances to save time and cost for dispute resolution process.
Author(s): Avinash A. Gaikwad
Venue: 2017 AACE International Annual Meeting, Orlando, FL
Abstract: Alternative dispute resolution processes (ADR) covers various means of disputes resolution beyond the scope of formal litigation. These processes include negotiation, arbitration, conciliation, mediation, etc.
Mediation is a voluntary, non-binding and private dispute resolution process wherein a neutral person helps the parties towards achieving a negotiated settlement.
This paper will focus on how the principles of Mediation are applied to achieve desired results while settling a prolongation and disruption claim with the help of case study. It also discusses the various conditions where the Mediation principle can be suitably applied for settling disputes/claims in Construction industry. At the end recommendations will be provided on how this method can be applied under different circumstances to save time and cost for dispute resolution process.