Construction Contract Management
Most of the construction professionals are aware about the poor performance of construction, yet we keep seeing projects fail and lose money. Despite all the innovations and all the project management methodologies that are being implemented, the industry is still far to be efficient. The true problem is that we are not mastering the basics due to the lack of trainings and mentorship.
The goal of this course, is to teach you the basics. The basics of commercial and contractual knowledge skills and knowledge that you were not exposed to, the basics that we thought they are not for engineers, the basics that should be mastered by anyone working in the construction sector.
My goal is to share all the experience, knowledge and skills that I’ve I have gained from real work experiences in different tenders, mega projects; and international clients in different countries and present them to you as lessons to learn from.
The course is structured into 5 chapters, These chapters will describe the story of a Contract from its formation by the client till its execution by Contractors. This course will be your guide in any construction project and the way to improve your career path.
In the first two chapters, we will start talking about the basics in the construction. The skills and attitude of a project manager, and what you are missing to enhance your career. We will talk about how to read and understand international forms of agreement, the structure of any bidding documents and many more.
In chapter three, we will see how the contract is formed and developed by the Client. We will come across the important terms and conditions used in most of the agreements. I will introduce the risk management process and how risks are playing a major role in the preparation of any contract. We will talk about the choice of the right contract form, bonds and guarantees that the client can use to guarantee the success of his investment.
In chapter four, we will come across the typical disputes that occur in the industry, the common contractual pitfalls. We will see the root causes of these problems and how we can avoid them.
In the last chapter, we will see how the contractor can win and complete a successful project, starting from the estimation and bidding stage, passing through the award and negotiation of the contract, till its execution and administration.
We will talk about many topics, with real case studies.
