Effective Contract Management in Construction A Comprehensive Course
Course Info
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Course Details
Introduction
Objective
Who should attend
Construction and engineering contracts can be dealt with in an efficient and pragmatic manner in order to minimize the risk of disputes and maximize the value of the contract. Whether you are a client or a contractor, this course will be beneficial for you if you deal with construction or engineering contracts.
LPC Welcomes you to "Mastering Construction Contracting: Strategies for Success," a comprehensive 3 day3 course designed to enhance your understanding and management of construction contracts. Prepared and Delivered by highly experienced professionals from LPC, this course is tailored to equip you with the essential skills and knowledge required to navigate the complexities of construction contracting successfully.
Throughout this course, you will delve into the intricacies of how construction contracts work, uncovering the reasons behind common contractual problems and learning to address them effectively. We will explore specific clauses and provisions that frequently pose challenges, providing you with the expertise to handle these issues confidently.
LPC placed a significant focus on the international context of construction contracting, preparing you to operate effectively in the global construction market. The course also covers efficient dispute resolution techniques, essential for resolving conflicts swiftly and maintaining project momentum.
Join LPC team for this transformative journey, where you'll not only learn from experts but also engage with peers from various sectors of the construction industry, enhancing your professional network and collaborative opportunities.
Course Outline
Introduction to GTD
Introduction to the concept of GTD and its benefits.
- Understanding the Construction Contracts and Key Clauses and Provisions in Construction Contracts
Introduction to Construction Contracts
- Definition and importance.
- Types of contracts in the construction industry.
- Overview of contract elements and structure.
How Contracts Work and Common Problems
- Lifecycle of a construction contract.
- Common issues and problems.
- Case studies of contract failures and lessons learned.
Critical Clauses in Construction Contracts
- Review of key clauses (scope of work, payment terms, etc.).
- Implications of these clauses.
- Strategies for drafting effective clauses.
Workshop on Contract Analysis
- Analyzing contract clauses.
- Identifying potential problem areas.
- Group discussion and feedback.
