Claims and Management under FIDIC Standards

£3,900.00

Join this Training

Start

April 1, 2025

End

April 5, 2025

Address

08 Hermitage Street Central London W2 1BE, England, United Kingdom. View map

Claims and Management under FIDIC Standards:

A Practical Approach to FIDIC Contracts

This comprehensive training course is designed to equip participants with the essential knowledge and hands-on skills necessary to manage claims and disputes within the framework of FIDIC contracts. The course provides a balanced blend of theory and practical application, integrating real-world case studies to ensure participants gain practical insights into contract drafting, execution strategies, and effective dispute management.

Key Course Highlights

FIDIC Contract Types: Understand the differences between Red, Yellow, and Silver Books, and learn how to select the most appropriate FIDIC contract form for specific projects.
Critical Clauses: Explore essential clauses in FIDIC contracts that can potentially lead to claims and disputes, including delays, cost overruns, and variations.
Dispute Resolution Mechanisms: Learn various techniques such as negotiation, mediation, adjudication, and arbitration to resolve disputes effectively and professionally.
Extension of Time (EOT) & Claims: Analyse clauses related to EOT, contractor claims, and liability in tort under civil law to navigate these complex aspects of FIDIC contracts.
DAAB & Arbitration: Gain insights into the role of Dispute Avoidance and Adjudication Boards (DAAB) and the arbitration process at both local and international levels.

Learning Objectives

By the end of this course, participants will:

Select the appropriate FIDIC contract for specific projects, considering project type, risks, and needs.
Identify potential causes of claims and understand how to prevent or mitigate them through proper contract management.
Manage changes, claims, and disputes effectively using FIDIC contract mechanisms to minimise delays and costs.
Analyse FIDIC clauses to understand the implications for both employers and contractors, particularly around risk, liability, and claims.
Navigate dispute resolution procedures through the use of DAAB, arbitration, and alternative dispute resolution methods.
Understand the legal framework surrounding arbitration, with a specific focus on the differences between regional arbitration laws in the Middle East and international arbitration standards.
Master key FIDIC concepts such as force majeure, delay events, risk allocation, and dispute management.

Training Methodology

This course employs a hands-on, interactive approach to ensure participants gain practical and actionable knowledge:

Instructor-Led Sessions: Delivered by experienced FIDIC professionals, either in-class or via an online platform.
Step-by-Step Reviews: Detailed analysis of FIDIC clauses related to claims, disputes, and contract administration.
Problem-Solving Workshops: Tailored sessions where participants work through real-world challenges faced in claims management and dispute resolution.
Case Study Analysis: In-depth study of local and international case studies to highlight lessons learned and practical strategies for managing FIDIC contracts.
Interactive Exercises: Practical sessions on drafting contract clauses and preparing claims, ensuring participants can apply their knowledge immediately in their roles.

Organisational Benefits

Organisations will experience numerous advantages by enrolling their staff in this training, including:

Reduced risk exposure: Through the adoption of best practices in contract administration and claims management.
Enhanced stakeholder relationships: By ensuring a more balanced, fair, and transparent approach to contract execution and dispute resolution.
Customized FIDIC templates: Development of tailored contract templates that align with Organisational and legal requirements, improving efficiency and consistency.
Streamlined claims management: Organizations will be able to reduce executive time spent managing claims and disputes through standardized processes.
Proactive dispute management: Creation of internal procedures for identifying and managing disputes early, minimizing potential impacts on project timelines and costs.

Personal Benefits

Participants will gain a range of personal benefits, including:

In-depth legal and contractual knowledge: A solid understanding of FIDIC contracts and how to apply them in real-world scenarios.
Expertise in managing roles under FIDIC contracts: Whether acting as Employer, Contractor, or Engineer, participants will gain clarity on their roles and responsibilities.
Practical contract drafting skills: Mastery in drafting clear and enforceable FIDIC clauses that mitigate risks and minimise disputes.
Advanced claims management capabilities: Skills in preparing and presenting claims, and managing disputes professionally.
Career advancement: Enhanced career prospects in contract management, dispute resolution, and claims administration.
Improved collaboration skills: The ability to collaborate effectively with contractors, clients, and other stakeholders during contract execution.

Who Should Attend?

This training course is ideal for professionals involved in the planning, execution, and management of contracts, particularly in industries such as EPC, Oil & Gas, construction, and government projects. Target audiences include:

Project Managers: Leading projects and overseeing contract execution.
Commercial Managers, Cost Managers, and Project Controllers: Managing project budgets and financial oversight.
Procurement, Supply Chain, and Contract Management Personnel: Handling procurement, negotiation, and contract administration.
Senior and Middle Managers: Overseeing project execution and managing risks.
Specialists in Claims and Disputes Management: Professionals who aim to develop expertise in resolving claims and disputes under FIDIC contracts.

Assessment and Certification

To earn the FIDIC Contract Management and Administration Certification, participants must:

Complete all training modules with active participation.
Pass the final assessment exam, which tests knowledge of FIDIC contracts, claims management, and dispute resolution.
Submit and present a Capstone Project, demonstrating the ability to apply the course concepts to real-world scenarios.

Upon successful completion, participants will receive a professional certification, recognized globally, in FIDIC Contract Management and Dispute Resolution.