Course in  Construction Contracts

This masterclass is structured to empower participants with the skills required to handle all aspects of construction contract management. The main objectives of this course include:

• Providing a thorough understanding of construction contract management principles and the importance of adhering to industry standards.
• Enabling participants to navigate contract negotiation effectively, ensuring all terms and conditions serve the interests of both parties.
• Introducing participants to risk management in construction and teaching strategies for managing dispute resolution throughout the project.
• Equipping participants with knowledge of legal compliance and contract drafting to safeguard the interests of all parties involved.
• Assisting participants in developing a comprehensive skill set to handle construction claims and contract variations, supporting project success from start to finish.

Through this course, participants will acquire a deep understanding of the essential elements of construction contract compliance and risk assessment, with the objective of building resilient, legally sound, and efficient project management practices.

Target Audience

This course is suitable for a wide range of professionals in the construction industry responsible for contract management and ensuring smooth project execution. The target audience includes:

• Project Managers and Site Engineers looking to deepen their understanding of the construction project lifecycle and apply best practices in contract management.
• Legal Consultants specialising in construction law who wish to enhance their skills in contract drafting and terms application.
• Engineers and Supervisors tasked with monitoring construction progress and ensuring compliance with insurance and legal documentation requirements.
• Procurement Specialists and Contractors responsible for contract negotiations and supplier selection, seeking to strengthen their skills in managing contractor-subcontractor relationships.
• Risk Managers aiming to develop effective risk management strategies related to construction contracts, including insurance and bonding.

This masterclass is ideal for any professional looking

• Introduction to Construction Contract Management
  • Overview of construction contracts and primary procurement strategies.
  • Understanding the importance of negotiating contract terms effectively.
  • Comprehensive view of the construction project lifecycle and efficient management practices.
• Legal Aspects of Construction Contracts
  • In-depth analysis of construction law and its application across project phases.
  • Differentiating between various types of building contracts and selecting the best fit for each project.
  • Understanding fiduciary duties in contract management and ensuring legal compliance.
• Risk Management and Dispute Resolution
  • Introduction to risk management in construction and risk mitigation strategies.
  • Managing construction delays and contractual amendments.
  • Dispute resolution strategies in construction, including negotiation and arbitration.
• Contract Drafting and Negotiation
  • Fundamentals of construction contract drafting and ensuring essential terms and conditions are covered.
  • Skills for effective contract negotiation and achieving mutually beneficial agreements.
  • Techniques for legal documentation of contracts to protect all parties.
• Managing Contractor and Subcontractor Relationships
  • Best practices for managing contractor-subcontractor relationships and fostering effective collaboration.
  • Responsibilities of supervisors in monitoring contract performance and ensuring compliance.
  • Role of insurance and bonding in mitigating financial risks.
• Construction Scheduling and Delay Management
  • Understanding construction scheduling and integrated planning for on-time delivery.
  • Analysing causes of delays and implementing strategies to address them.
  • Using control techniques to monitor project progress and ensure timely completion.
• Handling Construction Claims and Contract Variations
  • Insight into construction claims and methods for resolving them within contract terms.
  • Mechanisms for contract variations and documenting mutually agreed amendments.
  • Managing breach scenarios and mitigating potential legal risks.
• Compliance with Construction Law and Industry Standards
  • Overview of international construction laws and industry standards.
  • Emphasising compliance with industry standards to ensure quality.
  • Applying legal standards to align with construction law and meet project specifications.