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Supply Chain Management (SCM) and Procurement are two closely related but distinct functions in business operations. While procurement focuses on acquiring goods and services, supply

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Variations and Performance Security are closely interconnected concepts that serve as the foundation of risk management and contract enforcement in construction projects. Performance Security offers

Variations in construction contracts are changes or adjustments to the original scope of work. These can occur due to unforeseen circumstances or specific needs arising

Performance security is the backbone of risk management and contract enforcement. Performance security provides assurance to the Employer in case the Contractor defaults. Performance Security