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29 December, 08:00

Key practices in the partnering approach to managing contracted relationships include

A. Single project contracting.

B. Risk being transferred to the other party.

C. Access to each other's organizational resources.

D. Structured communications.

E. Independent project teams.

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Answers (1)
  1. 29 December, 08:17
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    C, Access to each other's organizational resources.

    Explanation:

    Organizational resources are resources used by a firm in achieving its goal. These resources include human resources, financial resources, physical resources, etc.

    When firms partner on contracts, the most important thing to ensure the success of the contract is allowing access to each other's organizational resources. This means that both firms are in cooperation with each other and have made their manpower, finances, equipment, etc available to each other.

    Cheers.
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