ABSTRACT
This chapter focuses on several key factors that are critical to the changing dynamics of an organization: they are partly economic, partly empirical, and partly legal and contractual. It also focuses on the role factors such as contingency provisions, open communication, and ethical norms of behavior play in that process. Validity essentially means the ability of a method or tool to produce results that would better reflect the reality an organization is trying to address. For instance, a method that is unrealistic, but elegant will have very little appeal to a decision maker; therefore, very little chance of getting implemented. Most organizations, including government are often required by law to sign a contract agreement before getting into any obligation. Therefore, contracts must be carefully worded to ensure that they protect the rights of the parties in the event of any breach of agreement.
