Project Delay Management and Claim Assessment Master Class

Project Management

Course Info

Duration: 1 Week

Fees: 1,390

Type: Online

Available Dates

Fees

  • Nov-08-2021

    1,390

  • Dec-06-2021

    1,390

  • Jan-03-2022

    1,390

  • Feb-07-2022

    1,390

  • Mar-07-2022

    1,390

  • Apr-04-2022

    1,390

  • May-02-2022

    1,390

  • June-06-2022

    1,390

  • July-04-2022

    1,390

Course Details

Course Outline

5 days course

 

An Overview &  Project Delays
 
  • Managing Projects and Stakeholders
  • The Need for Insurance in  Projects
  • The use of A.L.O.P cover to mitigate losses
  • Projects Contract Administration
  • Conditions of Contracts (FIDIC and other contracts)
  • Current projects in MENA and Asia – in relation to delays
Application of the  Policy and its Typical Coverage
 
  • How the CAR policy is arranged?
  • Relevant Coverage
  • Discussion on Period of Cover and hand over issues
  • General Exclusions – Is War related losses covered?
  • Policy Conditions – Taking reasonable precautions
  • What if there are two policies arranged for the same site?
Understanding the Policy itself
 
  • Policy Operative Clause
  • Sum Insured
  • Limit of Liability
  • Typical examples for each Section
  • How about Section II losses and delays?
  • Consequential loss – covered?
Advanced Loss of Profits ( A.L.O.P) and its details
 
  • Who buys A.L.O.P cover?
  • Coverage and exposures
  • Exceptions and Conditions
  • Connection to Section I
  • Role of Loss Adjusters in Claims Handling
  • Insured loss and the A.L.O.P claim
Handling Project Risks, Delays & Claims Management
 
  • What are Underwriters Concerns?
  • Risk Management and How it Works
  • Claims Management and Project Monitoring
  • How to over come project delays?
  • The use of Performance Bonds
  • Case Studies relating to delays and A.L.O.P cove