Duration: 5 Days
Target Audience:
This training is ideal for professionals involved in construction, infrastructure, and EPC projects, including:
- Project Managers
- Contract Managers
- Procurement Specialists
- Engineers
- Legal and Commercial Advisors
Course Overview
This 5-day intensive training program is designed to provide participants with an in-depth understanding of the commercial management of FIDIC contracts. It focuses on selecting the appropriate FIDIC form, understanding the allocation of risks, responsibilities, and obligations of the parties, and effectively administering contract conditions. Participants will also gain practical insights into managing claims, implementing procedural requirements, and resolving disputes under FIDIC contracts.
The course combines theoretical knowledge with real-world applications to ensure participants can confidently apply FIDIC principles and best practices to meet project objectives.
Learning Objectives
By the end of this course, participants will be able to:
- Select the Right FIDIC Form:
- Understand the different FIDIC contract forms and their suitability for various procurement routes.
- Match the appropriate FIDIC form to the needs of specific projects.
- Comprehend Risk Allocation:
- Recognize how risks, duties, and obligations are allocated between the Employer and Contractor.
- Mitigate risks by understanding contractual obligations and entitlements.
- Administer Contracts Effectively:
- Implement contract administration principles to ensure compliance and efficient project execution.
- Manage notices, time bars, and determinations effectively under FIDIC forms.
- Understand Claims and Changes:
- Learn the basic principles of making claims and managing changes under FIDIC contracts.
- Handle contemporary records and documentation to support claims.
- Apply Dispute Resolution Mechanisms:
- Gain insight into the dispute resolution mechanisms available under FIDIC contracts.
- Use Dispute Avoidance and Adjudication Boards (DAAB) and other processes effectively.
- Align FIDIC Practices with Project Requirements:
- Adapt FIDIC principles, mechanisms, and best practices to optimize contract and project management.
Course Schedule
Day 1: Introduction to FIDIC Contracts
- Overview of the FIDIC Suite of Contracts
- Procurement Routes and Selecting the Right FIDIC Form
- Risk Allocation and Responsibilities in FIDIC Contracts
- Case Study: Matching FIDIC Forms to Procurement Strategies
Day 2: Parties to the Contract and Obligations
- Understanding the Roles and Duties of the Employer and Contractor
- Responsibilities of the Contractor Regarding Labour, Plant, and Subcontractors
- Employer’s Personnel and Their Obligations
- Workshop: Mapping Roles, Duties, and Risk Allocation
Day 3: Contract Administration Basics
- Principles of Contract Administration
- Procedural Steps for Effective Management of FIDIC Contracts
- Notices, Time Bars, and Contemporary Records
- Determinations under FIDIC: Principles and Practices
- Group Exercise: Drafting Notices and Determinations
Day 4: Programme, Time, and Design Responsibility
- Programme Management and Extensions of Time (EOT)
- Contractor’s Design Responsibility in FIDIC Contracts
- Managing the Site and Its Impact on the Contract
- Real-World Case Study: Administering Time-Related Clauses
Day 5: Claims and Dispute Resolution
- Making Claims: Basic Principles and Practical Applications
- Variations and Changes Under FIDIC Contracts
- FIDIC Dispute Resolution Mechanisms: DAAB, Arbitration, and Mediation
- Final Workshop: Applying FIDIC to Real-Life Contract Scenarios
- Assessment and Certification
Training Methodology
Commercial Management for FIDIC Contracts
This course incorporates a range of interactive and practical learning techniques:
- Expert-led presentations and interactive discussions.
- Group exercises and role-playing activities.
- Real-world case studies for practical insights.
- Workshops to reinforce learning through application.
- Assessment quizzes and a final evaluation to ensure competency.
Course Benefits
Organizational Benefits:
- Enhanced efficiency in managing contracts and claims.
- Reduced exposure to disputes through proper contract administration.
- Improved risk management and allocation practices.
- Strengthened relationships with contractors and stakeholders.
Personal Benefits:
- Comprehensive understanding of FIDIC contract principles.
- Enhanced skills in contract administration and dispute resolution.
- Practical knowledge to handle claims, variations, and changes effectively.
- Increased career opportunities in commercial and contract management.
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