There are certain factors that a party must evaluate in the
early stages of claim preparation as the process can often be
considerably time-consuming and expensive. The circumstances that
may give rise to a claim should have a significant impact on the
claimant, and its potential value and probability of success ought
to be large enough to justify spending the required resources to
prepare it. Further consideration should be given to the
claim's negotiation margin because although an inflated claim
could be successful when reviewed by an inexperienced party,
chances are that it would fail if matters develop into a dispute
and an expert becomes involved.
Notwithstanding the above, it is imperative that any claim
includes certain basic requirements to prove that the claimant is
entitled to compensation. The contract and applicable law must be
examined carefully, and the claim should be submitted in a sensible
manner that includes coherent arguments supported by evidence
