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Introduction:

ChatGPT is a tribute to the extraordinary advancements made in natural language processing in the dynamic field of artificial intelligence. ChatGPT, created by OpenAI, leverages the GPT-3.5 architecture’s capability while breaking down barriers and redefining how humans engage with technology. As we explore ChatGPT’s capabilities, it becomes clear that its influence goes beyond simple communication.

The Birth of ChatGPT: 

ChatGPT is the result of OpenAI’s unwavering quest to improve language models. The GPT (Generative Pre-trained Transformer) architecture is at its foundation and represents a substantial advancement in natural language generation and comprehension. ChatGPT has been trained on various datasets and has learned different linguistic nuances, allowing it to reply contextually and produce human-like text.

Conversational Mastery: 

At its core, ChatGPT is a master of conversation. It has risen to the top of applications like customer care and virtual assistance due to its meaningful and contextually appropriate communication capacity. Businesses use ChatGPT to speed up client interactions, give quick and precise answers, and improve user happiness. By linking the road between humans and machines, ChatGPT-powered virtual assistants enable fluid and natural interactions.

Extraordinary Writing Companion: 

Content producers, rejoice! In the field of writing, ChatGPT has become a crucial ally. ChatGPT contributes its unique flair to the writing process, whether for articles, blog posts, or marketing copy. Beyond simple grammar checks, the writing helper can actively participate in ideation, suggest changes, and stimulate the creative process. ChatGPT also offers comfort to programmers because it generates code snippets from descriptions in plain language, speeding up the coding process.

Educational Empowerment: 

With the introduction of ChatGPT, the educational landscape underwent a paradigm shift. No longer do students battle alone with homework problems or complex subjects. As a substitute for a real tutor, ChatGPT provides specialised guidance and explanations. The concept offers a dynamic platform for learners to practice conversational skills, receive immediate feedback, and improve their linguistic ability. This dynamic platform has excellent promise for language learning.

Developing Creativity: ChatGPT is a precursor to creativity, not limited to practical problems. ChatGPT turns into a partner in ideation for individuals struggling with the elusive spark of inspiration. ChatGPT injects a fresh stream of inspiration, working as a catalyst for invention, whether you’re a writer looking for new plot twists or an artist wishing for a fresh visual perspective.

Facilitating Information Retrieval and Research:

ChatGPT is a valuable ally for academic and research settings. Due to its skill in information summarisation, sorting through big datasets is now a simple task. Researchers and students can use ChatGPT’s capacity to condense complicated information into summaries to accelerate the process of knowledge acquisition. The competence to quickly and precisely respond to user inquiries through the question-answering feature furthers the research procedure.

Ethical Considerations and Challenges:

 As we look at ChatGPT’s powers, discussing the ethical issues and problems associated with its use is essential. After being trained on various datasets, the model replicates the biases found in the data it learns from. Researchers and developers struggle to eliminate biases to guarantee equitable and fair interactions. Worries about the potential abuse of AI-generated content and the demand for strong security measures further highlight the ethical issues surrounding ChatGPT’s widespread use.

Future Perspectives: 

ChatGPT’s journey is far from over; it is only getting started. ChatGPT also develops along with technology. In subsequent iterations, contextual comprehension, problem-solving skills, and understanding of user intent can be improved. AI-human collaborations are anticipated to become more intense, establishing a relationship where the strengths of both parties are combined for optimal effectiveness and innovation.

Conclusion:

As a transformational force reshaping how we navigate the digital world, ChatGPT appears in the great tapestry of artificial intelligence as more than just a conversational agent. Its applications, from improving consumer interactions to encouraging creativity and advancing education, demonstrate its adaptability. But with great power comes great responsibility, and ChatGPT’s ethical issues serve as a timely reminder of the need for caution when using it. ChatGPT serves as a lighthouse, exposing the limitless possibilities that lie ahead, waiting to be explored and used for the benefit of humanity as we travel the vast landscape of AI.

Keyword: ChatGPT, Artificial Intelligence, Content Creation, Creativity, AI Human Collaboration, Education, Tutoring, Ethical Considerations

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Executive Summary

The liberalisation of the ASEAN air transportation sector has increased tremendous
competition in the business approaches of Air carriers and Passenger traffic. This research
work is about the process of understanding the act of liberalisation through the Open Sky
policy and analyse the same in terms of the increasing competition in the selected domains.
For this purpose the Case Study research methodology has been selected as the appropriate
means of meeting the answers to the research questions. Moreover, interview sessions with
experienced professionals from the aviation sector are also considered by this research work.
The basic idea is to know the competitive advantages and the disadvantages led by
liberalisation in the business approaches of air carriers and passenger traffic in ASEAN
region. The data collected for CAPA (2016) will also be analysed in justification of growth
that the liberalisation has added to the aviation sector. The way to control the activity of
liberalisation for better benefit of the ASEAN aviation sector will remain as core target of
this research work.

Executive Summary

The liberalisation of the ASEAN air transportation sector has increased tremendous
competition in the business approaches of Air carriers and Passenger traffic. This research
work is about the process of understanding the act of liberalisation through the Open Sky
policy and analyse the same in terms of the increasing competition in the selected domains.
For this purpose the Case Study research methodology has been selected as the appropriate
means of meeting the answers to the research questions. Moreover, interview sessions with
experienced professionals from the aviation sector are also considered by this research work.
The basic idea is to know the competitive advantages and the disadvantages led by
liberalisation in the business approaches of air carriers and passenger traffic in ASEAN
region. The data collected for CAPA (2016) will also be analysed in justification of growth
that the liberalisation has added to the aviation sector. The way to control the activity of
liberalisation for better benefit of the ASEAN aviation sector will remain as core target of
this research work.

1.1 Background Overview
The ASEAN Single Aviation Market, or as popularly termed as ASEANSAM is the ASEAN
Open Sky policy, which gets recognised as the most major policy of this particular region.
Based on this policy, ASEANSAM geared up all the developmental approaches and further
aimed in enhancing the unified as well as the market of single aviation business among the
ASEAN members. According to the report of Tan (2009), the initial proceedings of
ASEANSAM for the Southeast Asian members date back to 1 st of Jan., 2016. The Air
Transport Working Group of ASEAN proposed the policy of ‘Open Sky’ in the aviation
domain, and the same was supported by Senior Transport Officials. Moreover, ASEAN
Transport Ministers endorsed it.
The research based declarations of Chinaview (2007) and Tan (2009) state that the
establishment of ASEANSAM was initiated with the aim to establishment the strong hold of
ASEAN Economic Community, whereby it was expected to get accomplished by the activity
of liberalization and air travel business among the ASEAN members. The approach of the
‘Open Sky’ policy is to offer direct benefits to the aviation sector and add the element of
growth and sustainability in the business of air travel in the global sky. This policy is also
meant to establish free tourism related services, ventures of trade and commerce, and assist in
high quality based services to all the ASEAN member state
s (Chinaview, 2007 and Tan,
2009).

1.2 Problem Formulation
The problem that this research laid emphasis on- is about the clashes of policies and
agreements that are liable to happen between the aviation services of the ASEAN member
state. Based on the investigative research of Forsyth, et al. (2004) and Forsyth & Rodolfo

5

Liberalisation in Aviation: ASEAN Open Sky Page 5
(2006), this research concentrates in gaining the key towards progressive solution to the
probable clashes. It also is in pursuit of attaining adequate amount of resolution in the
implementation of liberalisation to the aviation industry under the regulations of ‘Open Sky’.
The problem with the air traffic liberalisation among the capital cities, the ASEAN members
are subject to get into the competition of holding unified aviation principles and at the same
time designate individual competitive approaches, hence the current research approach.

1.3 Research Questions
Keeping in consideration with the aforementioned problem formulation, the current research
has attained some questions in terms of understanding the challenging competitive platform
between the air carriers and passenger traffic, while implementing and developing ‘Open
Sky’ policy, by the ASEAN liberalisation of aviation sector. These are the research questions
are as follows:

  1. What is the process of liberalisation of the air transportation system in the region?
  2. How does liberalisation of the air transportation system create an impact on the
    competition between air carriers and passenger traffic?
  3. What is the impact of air transport liberalisation on competition between air carriers
    and passenger traffic in ASEAN region?
  4. What are the recommendations provided to appropriate entities for controlling
    liberalisation of the air transportation system that creates an impact on the competition
    between air carriers and passenger traffic in ASEAN region?
    The selection of these questions are meant for the understanding of the ‘Open Sky’ policy
    and the impact that the same as on the futuristic approaches of air carriers and passenger

6

Liberalisation in Aviation: ASEAN Open Sky Page 6
traffic among the ASEAN members. Moreover, these are the questions that are further
considered in adding research objectives to the current paper and are mentioned hereafter.

1.4 Research Objectives
This research paper aims in gaining the insight into the liberalisation of Aviation in the
peripheral count of ‘Open Sky’ venture noted by ASEAN. Diversified aspects, especially the
concerns of capacity deregulation, along with the approach on the process of implementing
price related controls, will be investigated hereby. This research work will focus in
understanding all sorts of different agreements and policies, counted as per geographic as
well as functional dimensions in the competitive arena of air carriers and passenger traffic,
for the meeting the liberalisation approaches as noted by the formulations of ASEAN ‘Open
Sky’. The core objectives of this research paper are as follows-
 To gain adequate critical information about the relevance of liberalisation through
‘Open Sky’ by ASEAN.

To understand the challenges and the issues related to the developmental approach of
ASEAN air carriers.
 To understand the challenges and the issues related to the developmental approach of
ASEAN passenger traffic.
 To identify the competitive stress among the air carriers & passenger traffic, caused
by liberalised ‘Open Sky’.
 To figure out the possible resolutions in offering better competitive edge to ASEAN
air carriers and passenger traffic.
1.5 Research Rationale
The rationale behind this research work, is to gain a critically analysed understanding of the

liberalisation of ASEAN aviation sector and to point out the impact of ‘Open Sky’ policy

over the ASEAN air carriers and passenger traffic. As this gets initiated this research paper
aims in offering resolution to the increasing competitive stress between the air carriers and
passenger traffic of the ASEAN members. The chief purpose is to derive all those proceeding
through which this research can aim in generating the positive aspects of liberalisation and
eventually add a comfort level to the international competitive platform of aviation industry.

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Assignment Task 1: Strategic Supply Chain
Management and Logistics

LO1. Understand the relationship between supply chain management (SCM) and
organizational business objectives
1.1 What are the organizational objectives of Meditech Surgicals? Explain the
importance of an effective supply chain management in achieving the organizational
objectives at Meditech Surgicals. (Assessment Criteria 1.1: Explain the importance
of effective supply chain management in achieving organizational objectives)
The organizational objectives of Meditech Surgicals are:

  • To be a leader in the endoscopic surgical instrument market.
  • To deliver cost effective and innovative endoscopy surgical instruments to
    hospitals on time
  • To provide the best customer service to domestic and international customers
    Supply chain management plays an important role in achieving the organizational
    objectives. It aims to link all the supply chain agents to jointly cooperate within the firm
    as a way to maximize productivity in the supply chain and deliver the most benefits to all
    related parties (Finch 2006). It helps organization to stay competitive in the market by
    outsourcing its non core functions and focusing on the core competencies. It allows
    organizations to rejig their entire operations and reframe it so that they operate at lower
    costs and maximize profit margins. For being a market leader, an organization must re-
    look the whole process and determine which processes can be downsized or upscaled for
    maximum competitive advantage. The main reason and objective of SCM is to provide a
    strategic weapon to build up and enhance sustainable competitive advantage by cost
    reduction without compromising customer satisfaction (Mentzer et al. 2001). When the
    organization reduces cost and maximizes value, products and processes become more
    innovative. This results in effective mass customization and improves product life cycles.
    Thus, the organization is powered well to cater to varied market segments and customer
    choices.

1.2 What are the prime business functions of Meditech Surgicals? Explain the link
between supply chain management and business functions in Meditech Surgicals.
(Assessment Criteria 1.2: Explain the link between supply chain management and
business functions in an organization)
The prime business functions of Meditech Surgicals are:

  • Forecast demands and procure raw materials accordingly
  • Produce high end and innovative endoscopical surgical equiments
  • Deliver and distribute the equipments in a timely fashion and maintain
    sufficient inventory
  • Enhance profitability by catering to varied demands
    The supply chain constitutes of the total process ranging from obtaining raw materials
    through all suppliers to delivering the end product to the consumer. Supply Chain is the
    total chain of exchange from original source of raw material, through various firms
    involved in extracting and processing raw materials, manufacturing, assembling,
    distributing, and retailing to end customers (Saunders, 1997). Each step of the process
    adds value to the end product thereby making it a value chain. Thus it touches upon each
    of the business function by exchanging value addition. Business functions which are
    closely linked to supply chain management are: demand forecasting, production planning,
    raw material procurement, production of finished goods, storage and distribution,
    transportation, and order management. With an effective SCM, the organization will
    always have the right inventory holding and this eliminates the need for safety stock.
    Right from procurement of raw materials from suppliers to delivering finished goods to
    end consumer, an effective Supply chain management makes all the business functions
    efficient and cost effective.
    1.3 Discuss the key drivers for achieving an integrated supply chain strategy in
    Meditech Surgicals? (Assessment Criteria 1.3: Discuss the key drivers for achieving
    an integrated supply chain strategy in an organization)
    Supply Chain Management is an integrating philosophy to manage the total flow of a
    distribution channel from supplier to ultimate customer (Ellrarn & Cooper, 1993). The
    key drivers for achieving an integrated supply chain strategy in Meditech surgicals are:

An efficient customer service management process: Customer service
management is vital to the success of any organization since it acts as an
important source of customer information and satisfaction. On the other hand,
the customer also gets accurate information on new products and their
availability through interactiion with the production and distribution
functions.

  • Well co-ordinated procurement: Demand forecasting reports are shared
    with suppliers to assist the manufacturing process and new product
    development. This results in a reduced product development cycles and
    effective inventory management. With the advent of technology, e commerce
    interactive portals can help suppliers stay updated on the upcoming demands.
  • Innovative product development and customization: Integration of
    suppliers and customers into this process is paramount. This reduces
    production cycle times and the products reach faster to the market. This gives
    a lot of time for effective customization of the products to meet the varied
    customer needs.
  • Manufacturing and distribution: A flexible and adaptive manufacturing
    process is needed to meet the ever changing demands for quantities and mass
    customizations. When the manufacturing cycles are shortened, products are
    delivered faster and lead to better customer satisfaction. The finished products
    reach the distributors in a shorter period of time and hence they too don’t find
    it necessary to do panic ordering.
  • Warehousing: The concept of decentralized warehousing assists in timely
    distribution by reducing wait times and transportation delays. However, it is
    imperial to enhance communications between distributors, regional
    warehouses and the central warehouse so that demand forecasting and
    delivery are accurate and there are no cases of inflated demands which cause
    unnecessary load on production processes.

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Introduction:

A worldwide recognized credential that gives professionals a thorough understanding of theoretical concepts and real-world applications of quantitative finance is the Certificate in Quantitative Finance (CQF). Derivatives, risk management, mathematical finance, derivatives, risk control, financial programming, and quantitative trading strategies are some subjects covered in the curriculum. The Certificate in Quantitative Finance (CQF) will give you the specialized quantitative skills necessary for success, transforming your career. Because of this, a focus is placed on teaching relevant, practical skills you may use immediately. 

Professionals can acquire the knowledge and abilities necessary to succeed in computational finance roles through the CQF program. The flexible nature of the curriculum enables working professionals to retain their employment while enrolled. Probability theory, stochastic calculus, and the pricing of derivatives are some basic concepts covered in CQF Level 1. Building on these ideas, CQF Level 2 discusses more complex subjects, including exotic products, model validation, and algorithmic trading. Professionals who complete both levels of the CQF program will thoroughly understand quantitative finance, preparing them for various positions in the computational finance industry.

Availability of CQF Courses in Belgium:

Belgium has not had any particular businesses providing CQF Level 1 & Level 2 courses. On the other hand, Belgian citizens can sign up directly for the CQF course on the Fitch Learning website. The flexible curriculum offers access to various online tools and support, enabling professionals to continue working while they study. The company that provides the CQF program in Belgium, Fitch Learning, does not have a physical presence there. Belgian citizens can still apply to the program and take distance learning courses. Your career success, both now and in the future, is the goal of the curriculum. Your enrolment price includes everything you will need to complete the qualification. This covers pre-program planning, faculty assistance, tuition, assessments, textbooks, access to the CQF alum network, the CQF Portal, the CQF App, the Lifelong Learning Library, and a one-year membership to Wilmott Magazine. This guarantees that neither you nor your company will incur any additional charges. The CQF curriculum is revised every three months to include the most crucial market practices.

Because the program is delivered online, anyone can access it. Local institutions in Belgium can provide computational or quantitative finance courses besides the CQF curriculum. In finance, known as quantitative finance, financial data is analysed using mathematical models and tools to make predictions and judgments. Numerous academic institutions in Belgium provide undergraduate and graduate-level quantitative finance courses. This essay will concentrate on the curriculum, advantages, and employment chances of the level 1 and 2 computational finance courses provided in Belgium.

Quantitative analysts evaluate financial data and forecast future market patterns using mathematical models and techniques. They work for hedge funds, investment banks, and other financial organizations. Financial risk is assessed and managed by risk managers using statistical methods. Banks, insurers, and other financial organizations employ them. Financial engineers design and test economic goods and solutions using mathematical and statistical models. Banks, insurers, and other financial organizations use them. Portfolio managers manage investment portfolios, choosing investments based on risk analysis and market trends. Numerous institutions in Belgium, such as the Solvay Brussels School of Economics and Management, the Vrije Universiteit Brussel, and KU Leuven, offer level 1 quantitative finance courses. A foundation module for the Master in Quantitative Finance program offered by the Solvay Brussels School covers subjects including statistics and probability, financial mathematics, and financial markets. A core module on quantitative approaches in finance is part of the Master in Quantitative Finance program offered by the Vrije Universiteit Brussel. This module covers financial modeling, risk management, and investment analysis. A core mathematical finance module in the Master of Science in Financial Engineering at KU Leuven covers stochastic calculus, option pricing, and risk management. Taking level 1 and level 2 quantitative finance courses can lead to various financial employment prospects. Taking a level 1 course in quantitative finance has many advantages. In addition to developing a thorough understanding of the statistical and mathematical techniques used in finance, students will also obtain knowledge of financial markets and instruments. Many different financial careers, such as investment banking, asset management, risk management, and financial analysis, benefit from having this knowledge. Students who successfully finish a level 1 course in quantitative finance are also well-prepared to undertake more advanced or graduate-level coursework in the subject. By presenting increasingly complex mathematical and statistical

techniques used in finance, level 2 courses in quantitative finance aim to build on the foundation offered in level 1 courses. Advanced derivatives pricing, stochastic calculus, and financial econometrics are typically covered in the curriculum. Along with learning how to create and evaluate quantitative trading strategies, students will also learn about more complex financial instruments like exotic options.

Numerous foreign banks and financial institutions operate in Belgium, where the financial services sector is expanding. There is a need in the industry for qualified individuals, particularly those with a solid grasp of quantitative finance. Graduates of the CQF are well-positioned to work as quantitative analysts, risk managers, and trading strategists in the Belgian market. With good pay and room for professional progression, these positions are in high demand.

Conclusion:

Despite having no physical presence in Belgium, Fitch Learning still allows residents to sign up for the CQF program and pursue distance learning there. Professionals who complete both program levels will thoroughly understand quantitative finance, preparing them for various positions in the expanding Belgian financial services sector. A CQF qualification can be a worthwhile career investment because it offers chances for job progression and competitive pay in a demanding and fulfilling field. CQF offers precisely the right mix of the theoretical underpinnings and the practical expertise required in applications to real-world use cases. The CQF, acknowledged by the financial services sector, is a requirement if you want to advance or take on a career associated with quants. It will give you various modern quantitative skills and strategies that will help you flourish in today’s markets.

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Introduction
The benefits of the utilization of the construction contracts include, the requirements of the
agreement while performing home building, the contract paper preserves the rights of the
contractor or builders, superintendent, principles and the other involved parties. In
accordance with the Crown Build project case study, the building construction is located in
the NSW area and it is going to be a four storey building with the fixed amount of AUD28
million and within a fixed timeline as mentioned in the contractual document of this building
project and the contract has been signed under AS4000-1997 regulation. But in the middle of
the project development, it has been detected that the beam size is incorrect and the
contractor has provided notice to the principal and superintendent of the project. The
superintendent has corrected the drawing with correct beam size and instructed to eradicate
the implemented wrong beams. Now gradually the quantity of the handrails has increased
with labour const and delivery delay. Now, the contractor can apply for different progress
claims under different clauses.
Task 1
The Australian building industry mainly follows the laws and regulations of ABIC or
Australian Building Industry contracts, HIA or housing Industry of Australia and the
government contracts. Each of the construction projects in Australia follows jurisdictions of

Building and Construction Industry Security of Payment Act 1999 (NSW), Home Building
Act 1989 that mainly focuses on the building activities of the NSW Area. For the residential
building construction in the NSW area under Schedule 1 of Home Building ACT 1989 refers
that the roof plumbing and Specialist work will be done in relation with dwelling. Governing
law Clauses refers to the transactions between the parties that are mainly operated in the
territories and the states and the parties generally maintain and follow the legislation
attributes of Competition and Consumer Act 2010 (Cth) and the payment security legislation
(Wang and Burdon, 2021). According to the considered mandatory of the general guidelines
of the construction projects, the scope, timeline and the allocation of roles and responsibilities

will be mentioned (Appendix 3) The payment schedule along with the provisional sum and
the contract sum will be written and also the dispute resolution, relief damage, limitation
clauses and available reliefs are also mentioned in the construction contracts. The general
principles of the construction contracts uses different objectives such as the type of work

4
(commercial, design, residential), size and value of the contract, legislative requirements for
state and the mention of the parties who are administering the contract paper such as
architect, contractor, superintendent and the principles.
In accordance with the Australian Standards (AS) there are different general conditions that
are prepared by Standards Australian Committee. The general principles of construction
contract laws are described here-AS 4000-1997: This contract is signed for the construction
delivery purpose and is known as “general conditions of a contract”. AS 4901-1998: it is
mainly as a sub-contract and it is used with the AS4000 principles. AS 4902-2000: this is
mainly built for the construction delivery and design purpose and it is a variant of AS4000.

AS4905-2002 is signed for the minor contract conditions and it is administered by the
Superintendent. Thus, it is clear that the selection of the contract depends on the different
circumstances but there is some general reflection- The amendments or the body of the
contract, instruments of the contract or agreement that are written formally, and the annexure
parts. Some basic features of AS4000 are- the contractor of a construction project is required
to m\execute the completion of the construction project within a fixed timeline and at a lump
sum price. It is important to sign the agreement with the clearly mentioned date of completion
of the construction contracts, if the extension of time is required, and the contractor will have
to provide a ‘qualifying cause of delay’ (Swift, 2019). The case study deals with the
construction project of Crown build that is facing structural difficulties due to the proposed

wrong beam size and this dispute can be resolved by the AS4000-1997 contractual agreement
with the proper utilization of the clauses.
The advantages of using the standards forms of the Australian contracts are- it can reduce the
total cost, the scope of negotiation can be avoided with the signing of document and thus
influences the speediness of the process, However, in the agreement, the rights of the both of
the parties, the proper mentioning of the conditions of the contract, expected date of project
completion, the date of work commencement and the other terms and conditions related to
the construction project are clearly mentioned in the construction contracts. The benefits of
the utilization of the construction contracts include, the requirements of the agreement while
performing home building, the contract paper preserves the rights of the contractor or

builders, superintendent, principles and the other involved parties. The construction contracts
help to lay out the planning and conditions of the owner very clearly. It also ensures that the
owner of the building and the contractor are performing together in order to achieve a

5
common target, The clear guidelines of the contracts helps to perform a better construction
performance and the associate legislations add value to the protection of the builders and
traders (Jones, 2021). In addition to that the changes can be possible if there is any evidential
defect or damage or complaint occurs during the process.

Task 2
According to the case study of the Crown Build, the construction of the four storey building
under Crown Build developer is facing structural deficiencies as the superintendent of the
project has proposed wrong size of beams in the design paper. This issue has been resolved as
the contractor has informed the superintendent and the superintendent has issued a new
design with the correct size of the beams. Moreover, the superintendent has informed us to
remove the used beams and replace them with the correct beams (Appendix 2). Now this
situation has increased the amount of the stair handrails and thus it is enhancing the cost and
the time period. In this case, the contractor will apply for the provision of the compensation
rate from the superintendent as the dispute occurs due to the provision of incorrect
information by the Superintendent. This is a communication problem in the construction
management project.
The construction project of the Crown Build has been made according to the law of AS 4000-

1997 thus it includes a fixed timeframe and fixed allocated cost. For the Crown Build project
the time frame is 24 months and the allocated cost is AUD 28 million. But as the changes
have been done in the building design along with the beam sizes, there is a qualifying cause
of extension of the time period. Thus the contractor can apply for the delay delivery of the
project and delay cost under the AS4000-1997 legislations (EL GEZERY, 2018). The
contractor can apply for the EOT or the delay cost under AS4000 policy as the issue has been
caused by the omission of the Superintendent. In this regard, the qualifying cause of delay
compensable cause, 8.1 can be claimed for achieving the incurred cost due to the quantity
enhancement of the stair handrails, labour cost and beam removal cost.
Under clause number 25.3, the delay cost of the construction of Crown Build project involves
the labour cost. In addition to that the clause number 11.2 is also applicable in this regard as

the changes have been made and thus the costing structure is changing. The constructor can
use the clause in order to include the additional expenses with the lump sum cost of the
project. EOT can be applied in this case as there is a qualifying cause of delay as the mistake

6
has been done by the superintendent and the contractor can apply for achieving a relief. It
cannot be ignored that the principal of the project has also omitted the mistake made by the
superintendent in the beam size (Rıgga, 2019). In accordance with 34.2 clause number, the
contractor of Crown build has already sent a notice to the superintendent and the principal to
apply for EOT. This EOC will be received within 28 days after the claim has been done and
the delay cost has a qualifying cause of delay under clause number Qualifying cause of delay,

CC, 8.1.
Task 3
According to the policies of AS4000, the contractor of Crown Build can claim for the
expansion of the time frame in order to carry out WUC and the contractor needs to prepare a
qualifying cause of delay statement with evidential attributes. There are fundamentally two
types of qualifying cause of delay- i) it is applicable when any omission or mistake is made
by the superintendent of a building construction project and ii) it is applicable when the
mistake or default is made by the contractor of a building construction project or due to
industrial and weather conditions (Van Der Westhuizen and Evans, 2019). In the case of the
Crown Build project, the mistake has been performed by the superintendent of the building
construction as in the initial design the superintendent has proposed an incorrect beam size
which is shorter than the required beams. The Item number 23 can identify another factor
about the qualifying cause of delay as it measures if the EOT is not grantable in this situation.
After that the extension delay will be transformed into the calendar and the business days.
Under clause number 34.2, the contractor will be liable to submit the delay notice and in this

case the contractor of Crown Build has to submit proper documentation with the evidence of
the beam fault to the superintendent of the building project and the principal (RUGINĂ,
2021). This documentation will include the cause of delay and the estimated delivery date of
the project. In this regard it can be considered that claiming of EOC notice and delay notice
are different notices issued by the contractor. The provision of EOC notice comes under
clause number 34.2 and the delay notice provision comes under clause number 34.3. In
accordance with the regulation of clause number 34.3, the contractor of Crown Build has to
provide evidence regarding the fault in the beam size, responsible person and the extended
timeline in the notice of the EOT.

The process of claiming for EOT under AS4000 includes the submission and accessing of
notice of delay with the evidences for ‘qualifying cause of delay’ under the clause number

7
34.2, provision of delay notice, EOT claiming notice under the clause number 34.3, delay
damage claim as stated in the clause number 34.9 and 41.1 and the final assessment under the
clause number 34.4 (Appendix 1). The dispute in the construction building project will come
under 42.1 and the progress claim will be done as an activity of the payment security policy
according to clause number 37.1 (Montalbán-Domingo et al. 2019).
However, demonstration of the delay will be properly reported in the EOC notice. In
accordance with the policies, the superintendent of the Crown Build project has taken
mitigation steps in order to resolve the issue of the incorrect beam size. For taking effective
steps, the superintendent has designed a new building drawing with correct beam size and
instructed to remove the wrong beams that are already implemented in the building.

However, clause number 34.9 is identifying the compensable cause under AS4000-1997. Due
to the omission and the defaulted act of the superintendent, the clause number 1.1 stated that
it is a subject of compensable cause. The item number 26 (Annexure Part A) can detect the
other qualifying causes of damage delay and it also can be ‘Nil’ but the ‘Nil ‘refers that there
is no additional cost found in the case.
The quantum inclusion and the basics of claim need to be considered while preparing the
notice for the damage delay claims. The contractor has to submit and keep updating the
prepared claim as evidencing aspects for the delay. The clause number 34.4 includes both the
non-qualifying and qualifying delay causes in the cases of the overlapped situation. In this
case, it can be considered the prevention steps will be evaluated by the contractor to measure
if the objectives are affecting his attributes or not. Moreover, according to clause number

42.1, the contractor can also provide a dispute notice if he found any disagreement with the
proposal of the superintendent’s instruction (Adzoyi and Nani, 2021). The contractor can also
involve incurred cost that has been increased due to the replacement of the shorter size
beams, labour cost and the increased quantity of the handrails. These inclusions of the cost
will be done under clause number 36.2.
Task 4
There are fundamentally two reasons for claiming cost. Firstly, the incorrect beam size has
extended the delivery date of the building construction and on the other hand the labour cost
associated with the extension of the project and the removal and implementation of the newly

proposed correct beams. These types of costs are regarded as the “global cost claim”. In this

8
regard the superintendent will be considered as a liable person to provide the compensation
cost to the constructor or the builder. The clause number 36.2 indicates that the incurred cost
structure can be claimed by Crown Build as the variation has occurred in the contractual cost
structure. The cost claim will be made as the superintendent has made a mistake in the
building drawing with incorrect beam size. In order to respond to the cost variation, the
contractor will provide the incurred cost quotation and this quotation needs to be verified and
sanctified by the superintendent as a sign of approval. This cost structure will include the
additional cost of the raw materials, labour cost and the extension period cost. It will be
called ‘cost plus agreement’. In accordance with the policies, the superintendent of the Crown
Build project has taken mitigation steps in order to resolve the issue of the incorrect beam
size. For taking effective steps, the superintendent has designed a new building drawing with
correct beam size and instructed to remove the wrong beams that are already implemented in
the building. However, clause number 34.9 is identifying the compensable cause under
AS4000-1997 (Klee, 2018). Due to the omission and the defaulted act of the
superintendent,
the clause number 1.1 stated that it is a subject of compensable cause.
According to clause 26, the expense claim will involve the additional cost with the lump sum
cost in the contract. In addition to that the clause number 25.6 will be applicable as it
indicates the delay labour cost that is a delay damage expense. The clause number 11.2 needs
to be applied as there is a verified costing structure in the construction of the Crown build
project. The clause number 26 will also include the additional costs with the main costing
structure. Now the additional cost includes the labour cost, implemented beam removal cost,
extension cost and the quantity increment cost of the handrails (Hastie, Sutrisna and Egbu,
2017). The value of the raw materials will be added in the additional cost structure according
to the law of AS4000.
Conclusion
As the Crown Build project has been signed under the law AS 4000-1997, the financial and
delay dispute will come under different clauses. The provision of EOC notice comes under
clause number 34.2 and the delay notice provision comes under clause number 34.3. In
addition to that the clause number 25.6 will be applicable as it indicates the delay labour cost
that is a delay damage expense. Under clause number 25.3, the delay cost of the construction
of Crown Build project involves the labour cost. In addition to that the clause number 11.2 is
also applicable in this regard as the changes have been made in the cost structure.

9

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