Contracts Management in Construction Projects

Contracts Management in Construction Projects

Contracts Management in Construction Projects

Contracts Management, Contract Administration, FIDIC, Bank Guarantees, Contracts, Letter Drafting, Quantity Surveying

Language: english

Note: 4.2/5 (493 notes) 38,811 students

Instructor(s): Akhil Krishna

Last update: 2022-04-02

What you’ll learn

  • Cost Management
  • Contracts
  • Contracts Management
  • Contracts Administration
  • Quantity Surveying
  • FIDIC
  • Contractual Letters
  • Bank Guarantees
  • Contract Timelines
  • Contract Clauses

 

Requirements

  • Be open to Learning

 

Description

Every construction project is bound by a Contract. Proper Contract Management plays a major role in the effective management of your construction projects. Adhering to all the Contractual obligations, the terms and conditions can save both cost and time. There are a few standard Contract Forms that is followed in a Construction project mainly FIDIC (International Federation of Consulting Engineers), NRM (New Rules of Measurement), JCT (The Joint Contracts Tribunal). The procedures to commence work, the documents required at each stage of the project, variation procedures, payment terms, basis for termination and suspension of works by either parties, completion of work, roles and responsibilities of all the stake holders and their staffs, dispute resolution methods, Arbitration procedures etc are all mentioned in the contract.

By the end of this course you will learn:

– The Different Contracting Arrangements utilized in different types of construction projects.

– FIDIC Red Book Timelines. A thirty-minute lecture contains the entire FIDIC Conditions of Contract for Construction for Building and Engineering Works timelines that needs to be adhered in the construction works.

– Helpful tips & step by step procedure on how to draft a contractual letter.

– The Different Bank Guarantees in Construction project.

So what are you waiting for. Enroll for this course to learn something new and different.

 

Who this course is for

  • Quantity Surveyors
  • Civil Engineers
  • Fresh Engineers
  • Estimators
  • Contract Managers
  • Project Managers
  • Commercial Managers
  • Engineers
  • Construction Professionals
  • MEP Engineers
  • MEP Quantity Surveyors
  • Mechanical Engineers
  • Electrical Engineers
  • Cost Control Professionals
  • Contract Administrators
  • Engineering Students
  • Quantity Surveying Students

 

Course content

  • Introduction
    • Learnings
  • Contract Arrangments
    • Types
  • FIDIC Timelines
    • Part 1
    • Part 2
  • Contractual Letter
    • Drafting Tips
  • Bank Guarantees
    • The 3 types
  • FIDIC Books
    • Types
  • Variation vs Claim
    • The difference
  • Termination Clause
    • Cause vs Convenience
  • Delay Damages
    • Delay Damages Concept

 

Contracts Management in Construction ProjectsContracts Management in Construction Projects

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