Commercial Management with FIDIC
September 22-September 26/2024: Dubai
October 06—October 10/2024 : Dubai
October 20—October 24 /2024 : Dubai
November 17 - November 21 /2024 :Kuwait
Introduction
The Commercial Management in Construction course focuses on maximizing business potential in construction projects by successfully managing finances, procurement, and processes that impact project profits, timescales, and quality. The course is designed to help delegates take on the role of commercial management and achieve success in construction projects.
The course covers all essential topics, from the essence of contracts to financial, time, and quality management, and references the FIDIC forms of contract. The course provides delegates with the tools and skills to recognize and deal with critical commercial issues in construction projects.
Objectives
By the end of the course, participants will be able to:
Þ Recognize the necessity for contracts
Þ Identify the meaning and the responsibility for design and the management of design development.
Þ Understand the 3rd Party agreements and arrangements that are ancillary to the head contract
Þ Recognize the administrative burden and need for Certificates Notices and what makes good communications.
Þ Successfully manage the variation aspects and payment rules of FIDIC forms of Contract.
Þ Demonstrate a clear understanding of the principles forming the foundations for time and money claims.
Who Should Attend?
Þ This course is suitable for :
Þ Construction Managers
Þ Project Managers
Þ Contract Managers
Þ Quantity Surveyors, Estimators
Þ Contract Administrators
Þ Employers Agents
Þ Consultants
Course Methodology
The course uses self-assessments and a wide mix of business cases that promote healthy discussions around the importance of managing multiple tasks, deadlines and priorities. Participants will benefit from role plays covering workplace challenges related to handling tasks, deadlines and priorities. They will learn how to deal with conflicts that may arise as a result. Interactive team exercises are also used with each team presenting their findings and comments.
Each module covers different aspects of using Game-Based Learning and Gamification in education. Coursework will incorporate
your existing knowledge and experience and provide helpful learning environment with a good mix of theoretical and practical knowledge. On all outlines will apply Skills for Game-Based Learning and Gamification and practiced in hands-on, collaborative way within an international group setting.
This interactive training course includes the following training methodologies as a percentage of the total tuition hours:
- 30% Lectures, Concepts, Role Play
- 30% Workshops & Work Presentations, Techniques
- 20% Based on Case Studies & Practical Exercises
- 20% Videos, Software & General Discussions
Pre and Post Test
Outline
DAY 1:
Essential Understanding of a Contracts purpose, necessity and procurement choices.
Þ Types of Contract seen in the construction industry
Þ Procuring Contractors and Subcontractors
Þ Letter of Intent and Ancillary Promises
Design Management
Þ What is Design and Design Development
Þ Standard of Care, the Expressed Requirement
DAY 2:
Understand the Benefits for Establishing Sub Contract and Third Party links
Þ Bonds and PCG
Þ Third Party Rights and Collateral Warranties
Þ Subcontracts and Back to Back Main Contract
DAY 3
Effective Administration of Contracts identifying the principle clauses
Þ Notices Certificates Records and Other Communications
Þ How to Successfully Manage the Contract Mechanisms
DAY 4 :
Change and Payment
Þ Ambiguity Inconsistency
Þ Changes and Variations
Þ How to Pay Others and Be Paid – The FIDIC Mechanics Surrounding Payment
DAY 5 :
Claims for Time and Money
Þ Extensions of Time Damages and LDs
Þ Delays; Float and Concurrent Delays
Þ Loss and Expense
Þ Assessment
Fees:
The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack is:
3.750 USD $
Schedule:
08:30 – 10:15 First Session
10:15 – 10:30 Coffee Break
10:30 – 12:15 Second Session
12:15 – 12:30 Coffee Break
12:30 – 14:00 Third Session