VE-ADR

Value  Engineered – Alternate Dispute Resolution – utilization of a project  management based approach by a Neutral Expert Team, of gathering, analyzing and presenting key elements of a project in dispute to the Stakeholders early in the process to promote resolution and reduce unnecessary expense.

Value Engineering

An analytic method to improve the value of good or services, with value defined as an improvement of function or reduction in cost.

Stakeholder

Person, group, organization, or system who affects or can be affected by an organization’s actions.

Technical Issues

A point or matter of discussion, debate or dispute with regards to the details of a claim and its allegations.

Legal Issues

A point or matter of discussion, debate or dispute with regards to a matter of law.

Insurance Issues

A point or matter of discussion, debate or dispute with regards to the involvement of insurance, insurance coverage, and insurance availability.

Other Issues

A point or matter of discussion, debate or dispute with regards to the relationships of the parties, involvement of the parties, or structure of the claim. Other issues are often relational.

Mediation

From Blacks Law Dictionary – Intervention; interposition; the act of a third person who interferes between two contending parties with a view to reconcile them or persuade them to adjust or settle their dispute.

Division of Issues (80-20 Rule)

The concept that 80% of the affects come from 20% of the causes. Applied conceptually to litigation, 20% of the issues result in 80% of the damages.

NET

Neutral Expert Team, make up of the Neutral Expert team is based on outcome of the Organizational Conference but may include Neutral Experts specializing in disciplines including General Contracting, Architecture and Structural Analysis.

Organizational Conference

A meeting of the Stakeholders, Mediator and NET to develop the Scope of Services and identify the work product to be produced.

NET Investigation

Investigation of the claims and issues of case by the Neutral Expert Team. The NET investigation may include visual inspections, destructive testing, review of file from the building jurisdiction.

NET Analysis

Analysis performed by the Neutral Expert team into the issues alleged including, confirmation allegations, occurrences, repairs and costs necessary. May also include responsible party analysis.

NET Presentation/Q & A

Presentation of findings prepared by the Neutral Expert Team to the parties before mediation.

Cloud Storage

Storage of project information on-line where project data and analysis can be password protected and made available to all Stakeholders and the Mediator.

Cloud Communication

Utilization of on-line services to conduct meetings and presentations, including the use of voice, data and video applications.

Project Management Based Program

From Wikipedia – “Project management is the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project goals and objectives.”

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