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CHAPTER ONE The Dispute Board Concept and Philosophy

Chern on Dispute Boards

Page 1 CHAPTER ONE The Dispute Board Concept and Philosophy The Dispute Board Concept and Philosophy Disputes and litigation cost both time and money. In construction projects and any long-term continuing activity, the amount of time lost and money spent in resolving such disputes can take years and costs become extreme. The idea of a project specific dispute and/or claim resolution procedure which would be on-going and stay as part of the activity from start to end gave birth to the concept of dispute boards. Here trained and knowledgeable dispute resolvers are chosen at the start of a project and stay on until the end resolving any and all disputes that may arise—they know the parties, the project and the difficulties and can act quickly and economically to prevent the loss of time and money in the resolution of any problem that may arise. Due to this dispute boards continue to grow in use worldwide with the leading reason being their ease of use, financial economy and positive and fast results. The concept of a dispute board and its benefits can be best shown by the following dispute situation and the various methods of its resolution:

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