What are the key success factors for government contracts in terms of project management?
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The key success factors for government contracts in terms of project management include: government policies, authentication of the tender process, a less time-consuming and dispute-free process, timely payments to contractors, compensation for losses due to idling of labor and machinery, adoption of strict measures in the contract, termination of the contract in case of abnormal delays, introduction of a focus-on-delivery clause, project planning, project execution, project monitoring, and project control . These factors contribute to the success of government infrastructure projects by ensuring efficient project management, adherence to regulations, effective communication, stakeholder involvement, risk mitigation, and quality control. Additionally, the competence of the project manager, financial efficiency of the contractor, integration and clarity of contract documents, and adherence to allocated budget and time period are critical for project success . By considering these factors, government organizations can improve the overall success rate of their projects and deliver the intended goals to stakeholders.
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