Contracts Management In Construction Projects

Contracts Management, Contract Administration, FIDIC, Bank Guarantees, Contracts, Letter Drafting, Quantity Surveying

What you'll learn
Cost Management
Contracts
Contracts Management
Contracts Administration
Quantity Surveying
FIDIC
Contractual Letters
Bank Guarantees
Contract Timelines
Contract Clauses
Requirements
Be open to Learning
Description
Every construction project is bound by a Contract. Proper Contract Management plays a major role in the effective management of your construction projects. Adhering to all the Contractual obligations, the terms and conditions can save both cost and time. There are a few standard Contract Forms that is followed in a Construction project mainly FIDIC (International Federation of Consulting Engineers), NRM (New Rules of Measurement), JCT (The Joint Contracts Tribunal). The procedures to commence work, the documents required at each stage of the project, variation procedures, payment terms, basis for termination and suspension of works by either parties, completion of work, roles and responsibilities of all the stake holders and their staffs, dispute resolution methods, Arbitration procedures etc are all mentioned in the contract.By the end of this course you will learn:- The Different Contracting Arrangements utilized in different types of construction projects.- FIDIC Red Book Timelines. A thirty-minute lecture contains the entire FIDIC Conditions of Contract for Construction for Building and Engineering Works timelines that needs to be adhered in the construction works.- Helpful tips & step by step procedure on how to draft a contractual letter.- The Different Bank Guarantees in Construction project.So what are you waiting for. Enroll for this course to learn something new and different.

Overview

Section 1: Introduction

Lecture 1 Learnings

Section 2: Contract Arrangments

Lecture 2 Types

Section 3: FIDIC Timelines

Lecture 3 Part 1

Lecture 4 Part 2

Section 4: Contractual Letter

Lecture 5 Drafting Tips

Section 5: Bank Guarantees

Lecture 6 The 3 types

Section 6: FIDIC Books

Lecture 7 Types

Section 7: Variation vs Claim

Lecture 8 The difference

Section 8: Termination Clause

Lecture 9 Cause vs Convenience

Section 9: Delay Damages

Lecture 10 Delay Damages Concept

Quantity Surveyors,Civil Engineers,Fresh Engineers,Estimators,Contract Managers,Project Managers,Commercial Managers,Engineers,Construction Professionals,MEP Engineers,MEP Quantity Surveyors,Mechanical Engineers,Electrical Engineers,Cost Control Professionals,Contract Administrators,Engineering Students,Quantity Surveying Students