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Masterclass on Negotiating & Managing Construction and Engineering Contracts
6th December 2021 - 8th December 2021
About this Training Course
There is no profession with a greater necessity for negotiating skills than Engineering and Construction. The truth is that negotiations constitute part of every engineer’s job responsibilities. A successful negotiation maintains relationships by ensuring that all parties to the negotiation feel included in the process. As a result, the team is more invested in the result as well. This helps team morale, which in turn, helps the employer. Contract Management is about managing that relationship, and those risks, to ensure that both parties get the result they originally wanted.
This course will explain the fundamental aspects of contract law and then go into the details of various construction and engineering contracts. You will get an in-depth knowledge of essential clauses in these types of contracts and how to negotiate the contra will improve your ability to deliver your construction projects effectively. You will have the know-how to successfully negotiate and manage construction and engineering contracts that will deliver profitable projects. There will also be in-depth coverage on claims disputes & resolution methods.
Who Should Attend
• Project Managers
• Contract Managers
• Claim Managers and Supervisors
• Legal Counsel
• Project and Contract Executives and Managers
• Finance Managers
Key Learning Points
•Know the fundamentals aspect of contracts and in particular construction and engineering contracts
•Explore the differences between the various standard form contracts
•Learn how to select the best contracting strategy for your projects
•Discover ways to negotiate strong contract terms
•Take away a set of templates of contract forms
•Gain expert knowledge on how to handle delays and extension of time (EOT) claims
•Understand indemnity and liability issues and clauses