Please, write an assessment introduction based to the topics below:

Project Contracts: Identify and analyse the legal benefits and challenges that the project might experience from each of the following types of contracts: Stipulated or lump-sum contract, Cost of work plus fee contract, Cost of work plus fee with guaranteed maximum price (GMP) contract, Construction management (CM) contract, Design-build or design-and-construct (D&C) contract. Explain what you would do to mitigate any potential challenges of these contract types.

Project Pre-Planning: Analyse the major challenges you would need to address prior to beginning construction and explain what you would do to mitigate any of these potential challenges. Evaluate the most effective approach you would use to meet on-time delivery of your project with low cost and high quality. Use examples to support your evaluation. Explain how you would organise your project's costs. In other words, what type of project cost breakdown would you use? Provide examples of categories. Analyse how you would organise your project's major deliverables and their components using a Work Breakdown Structure (WBS). Explain the level of detail needed in your WBS and why.

Communications of Close Out and Construction Completions: Develop a stakeholder communications plan for the commissioning phase Analyse the role of construction punch lists and completions management in preparing for closeout Describe the importance of pre-commissioning testing and verifications in construction completions Discuss the importance of detailed operator training in the asset handover phase of closeout

Project Close-out: Explain the role each of the following elements would play in the close-out of your project: Project acceptance, Contract close-out, Document turnover and archiving, Team performance appraisal, Team reassignment or demobilisation schedule ,Analyse how you would coordinate a 'lessons learnt' component.