Rejuvenating the contract "spine" of megaprojects-Part 1.

The article sheds light on what it takes to build oil refinery megarprojects. It identifies the root cause of problems when a project failed. It discusses the project contracting strategy (PCS) for the entire project, contract development schedule, and individual contracting plans. The authors suggest that a change is required to endue project professionals to manage the preparation of well-designed contract forms that underpin business governance and project management discipline.