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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 933 |
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This money is a safeguard against scope creep and unforeseen problems. If the contingencies are held for too long, it can threaten relationship with the client. Turner's management can also pressurize to realize earnings from contingency, if the project executives are comfortable. If the contingency dollars are released to an owner prematurely, Turner's business strategy allows the company to dip into fee earnings to complete any unforeseen problems after the release of the money...
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This money is a safeguard against scope creep and unforeseen problems. If the contingencies are held for too long, it can threaten relationship with the client. Turner's management can also pressurize to realize earnings from contingency, if the project executives are comfortable. If the contingency dollars are released to an owner prematurely, Turner's business strategy allows the company to dip into fee earnings to complete any unforeseen problems after the release of the money...
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