FIDIC Construction Contracts Training Course
£3,900.00
FIDIC Construction Contracts Training Course
Course Overview: This specialized training course is designed to provide participants with the expertise and practical skills necessary to manage claims and disputes effectively within the framework of FIDIC contracts. It offers a balanced blend of theoretical understanding and practical application, incorporating real-world case studies to ensure participants can manage contract drafting, dispute resolution, and contract administration strategies.
Key Course Highlights
- Understanding FIDIC Contract Types:
Gain a deep understanding of the distinctions between the core FIDIC contract types, including:- Red Book: Conditions of Contract for Construction for Building and Engineering Works.
- Yellow Book: Conditions of Contract for Plant and Design-Build for Electrical and Mechanical Plant and Engineering Works.
- Silver Book: Conditions of Contract for Engineering, Procurement, and Construction/Turnkey Projects.
- Green Book: Short Form of Contract.
Learn how to select the most appropriate contract form based on the specific needs, risks, and goals of a project.
- Critical Clauses Exploration:
Explore key clauses within FIDIC contracts that are frequently the source of claims and disputes. These include delays, cost overruns, variations, and other contractual obligations. - Dispute Resolution Mechanisms:
Learn about various techniques for resolving disputes, including negotiation, mediation, adjudication, and arbitration. Understand how to apply these methods effectively to resolve conflicts in a timely and professional manner. - Managing Extensions of Time (EOT) & Claims:
Analyze FIDIC clauses related to Extensions of Time (EOT), contractor claims, and tort liability under civil law. Learn how to manage these complex aspects to minimise risks and protect project timelines. - Dispute Avoidance and Adjudication Boards (DAAB) & Arbitration:
Understand the role and processes of Dispute Avoidance and Adjudication Boards (DAAB), and arbitration, both locally and internationally, to ensure effective dispute management.
Learning Objectives
By the conclusion of this course, participants will be able to:
- Select the appropriate FIDIC contract for various projects, considering project scope, risks, and legal requirements.
- Identify and mitigate potential disputes by analyzing FIDIC clauses and implementing proactive contract management techniques.
- Effectively manage claims and disputes using FIDIC contract mechanisms, reducing delays and costs.
- Evaluate the impact of critical clauses on the roles of Employers, Contractors, and Engineers, particularly in relation to risk, liability, and claims.
- Navigate dispute resolution procedures including DAAB, mediation, adjudication, and arbitration, to resolve conflicts efficiently.
- Understand the regional and international standards for arbitration, focusing on differences between regional arbitration laws in the Middle East and global practices.
- Master critical FIDIC concepts, such as force majeure, delay events, risk allocation, and dispute management.
Training Methodology
This course adopts a highly interactive approach to ensure participants gain practical, actionable knowledge:
- Instructor-Led Sessions: Expert-led discussions and presentations to introduce the fundamentals of FIDIC contracts and their practical application.
- Step-by-Step Analysis: Detailed reviews of key FIDIC clauses related to claims, disputes, and contract administration.
- Problem-Solving Workshops: Participants engage in workshops designed to solve real-world problems encountered in contract management and dispute resolution.
- Case Study Review: Both local and international case studies will be analyzed, offering participants real-world examples of best practices and lessons learned.
- Interactive Exercises: Hands-on practice drafting contracts, preparing claims, and resolving disputes to help participants apply their knowledge immediately in their professional roles.
Organisational Benefits
Organizations will benefit greatly by enrolling their staff in this course:
- Minimised Risk: Reducing exposure to disputes and claims by adopting best practices in contract administration and claims management.
- Enhanced Stakeholder Relationships: By adopting a transparent, fair, and balanced approach to contract execution and dispute resolution.
- Customizable Contract Templates: Development of FIDIC-based templates tailored to the organization’s needs, improving consistency and legal compliance.
- Optimized Claims Management: Streamlined claims processes that reduce executive time spent managing disputes and allow for quicker resolution.
- Proactive Dispute Management: Establishment of internal procedures for early identification and resolution of disputes, mitigating project delays and financial impacts.
Personal Benefits
Participants will gain a wide array of personal and professional benefits:
- Comprehensive Legal and Contractual Knowledge: A thorough understanding of FIDIC contracts and how to apply them to real-world projects.
- In-depth Understanding of Roles: Gain clarity on the responsibilities of Employers, Contractors, and Engineers within the FIDIC framework.
- Mastery of Contract Drafting Skills: Learn to draft clear and enforceable contract clauses that minimise risks and prevent disputes.
- Advanced Claims Management: Develop skills to prepare, present, and manage claims professionally and with expertise.
- Career Development Opportunities: Enhance career prospects in the fields of contract management, claims administration, and dispute resolution.
- Improved Collaboration Skills: Build stronger communication skills for working effectively with stakeholders, contractors, and clients throughout the contract lifecycle.
Who Should Attend?
This 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. It is suitable for:
- Project Managers: Overseeing projects and ensuring contract execution is aligned with the scope and objectives.
- Commercial Managers, Cost Managers, and Project Controllers: Responsible for managing financial aspects, budgets, and cost controls.
- Procurement, Supply Chain, and Contract Management Professionals: Handling procurement, contract negotiations, and administration.
- Senior and Middle Managers: Overseeing project execution, risk management, and operational performance.
- Claims and Dispute Management Specialists: Professionals specializing in the resolution of claims and disputes under FIDIC contracts.
Enquiry at : [email protected]
Whatsapp: 0044 790 125 9494
visit : www.keleaders.com
FIDIC Construction Contracts Training Course
£3,900.00
Status
Limited seats are available.
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