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Compensation Event Flow Chart

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Published on 2022-09-20
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This compensation event flow chart should help people understand the steps to be taken when an event is first notified until it is closed out (implementation). This is a critical fundamental process to understand on an ECC project. It, along with the guidance notes on this website, should provide readers with a clearer understanding of how the process works contractually. Long narratives aren't always taken seriously, which is why some prefer flowcharts. Compensation event flow charts visually present a specific flow of data concisely. This makes processes and events easier to comprehend and execute.
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Event Flow Diagram
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Compensation Event Flow Chart
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