Comprehensively administering a Construction & Engineering contract is the only way to protect contracting parties from potential losses and it is imperative to effective functioning of the construction & engineering project. Nevertheless, it is not uncommon to see contracting parties’ inadequate attention and failure to implement a robust contract administration strategies often lands them in very uncomfortable situations which may not just be limited to monitory or reputation losses but also can contribute to breach of their contractual terms which may lead to severe consequences. If any construction project should succeed implementation of an effective contract administration must be prioritized from the outset, knowing, and understanding where your risks lie under a contract from very early stage enables a party to mitigate it by allowing for that risk and help parties to carry out its contractual obligations while controlling the risks comprehensively.