See other courses from London Training For Excellence
Germany, - Munich
Dates flexible
Professional Training Course
Yes (Details)
English
$4,500
Course Overview
This program provides a comprehensive practical briefing on the issues and details of effective contract administration claims management and negotiating settlements through a unique multidiscipline (Technical-Legal-Management-Audit-Finance) look at the issues. All Good Business Contract Decisions take into account Multi-discipline Inputs.
Who should take this course
All those involved in any aspect of implementing managing or administering contracts; also those involved in any step of contract preparation and award for them to realize the importance of a well-prepared contract.Contracts managers and specialistsPersonnel responsible for managing contracts to ensure their company achieves maximum benefit from the contract terms.
Accreditation
CPD
Course content
Day 1 The Management-Engineering-Legal-Scheduling-Audit Issues on Contracts:
Rights Duties and Implied Obligations of the Parties under:
- Your Contract.
- Under Local Laws Regulations.
- Under International Law.
Rules and Doctrines of Precedence and Interpretation of Contracts Contractual Obligations:
- As decided by Courts.
- As applied by Arbitrators.
- Interpretations during Contract Execution.
Day 2 Making Tendering Procedures More Effective:
- Prequalification Procedure.
- Tendering Procedure Public Tender Law.
- Tender/Bid Evaluation.
- Transferring Risks not legally effective Just by Drafting
- When Risk Transfer is actually considered Complete in Law?
Day 3 Advantages Disadvantages and When to Use:
- Cost Reimbursable Contracts.
- Fixed Price/ Lump Sum Bill of Quantities.
- Construction Manager Contracts.
- Single General Contractor Multiple Prime.
- Fast Track Contracting.
- Turn Key Contract EPC BOOT.
- Joint Ventures.
Design Supervision Contracts:
- How to protect your interests the issues.
- Selection Managing Audit Control of Consultant's Design Activity.
Consultant Contracts:
- Analysis and Contract Administration.
- Conditions to Check for and Include to Protect Owner's Interests.
- Consultant's Insurance Exclusions Warranties.
Day 4 Claims on projects:
- Nature of Claims.
- Constructive Variations Issues.
- Liability Establishment.
- Causation Proof.
- Damage Quantification.
- Fair Reasonable Price Determination and Impact Calculation (VO’s Claims):
- Direct Costs.
- Indirect Costs Overheads.
- Other Contractual Factors to Consider.
Day 5 Managing Meetings For Negotiating Settlement of Disputes Claims Negotiating VO's Claims:
- Preparation.
- Presentation.
- Deadly Negotiating Skills.
- Games/Tricks Others May Play.
- Bargaining Strategies Tactics.
Dispute Resolution:
- Options Contractual Arrangement.
- Settlement by Negotiations.
- Mediation Arbitration Courts.
- Cost-Benefit Considerations.
- Management Audit Concerns.
- Worthwhile Project Closedown Reporting.
About Course Provider
London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.
London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.