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In this video, I’ll walk you through the contract variation procedure in construction projects, an important procedure for managing changes to the original scope of work. You’ll learn the key steps involved in handling contract variations, from validating changes to submitting and documenting them. And to enhance understanding, I show you a numerical contract variation example for you to learn how contract variations are calculated. Download the contract variation example that I explained in the video from this link: https://www.costengpro.net/VRpHAs Link to my cost estimation and rate analysis online course "The Ultimate Guide": https://cost-engineering-professional... Key Topics Covered: 00:00 Introduction 00:28 What is a contract variation and how to validate it? 02:57 Types of contract variation, and how to manage each type. 05:19 The process of submitting and approving variations. 08:08 Contract variation calculation method. 12:57 Substantive documents associated with a contract variation 15:12 Variation numerical example