Which dispute resolution techniques are frequently used in construction?
In order to resolve disagreements that occur during construction projects, construction dispute resolution is crucial. Arbitration, mediation, litigation, and negotiation are common techniques. The first phase is frequently negotiation, which aims to reach a mutually agreeable solution without the intervention of a third party. While arbitration is a more formal process in which an arbitrator renders a legally enforceable ruling, mediation uses an impartial mediator to help parties reach a solution. Although it is frequently a last resort, litigation brings the disagreement to court. Time, money, and business relationships can all be preserved by selecting the best construction dispute resolution technique. The applicability and intricacy of each approach vary based on the type of disagreement.