No matter how well planned your project schedule may be, there is always the possibility for delay. Delays can occur for any number of reasons, some good, some bad, and some might even be a blessing in disguise. The question is not whether delays will occur, (they will), but how they are handled once they do.
Project Delay Management and Claim Assessment Master Class training course we will know how to identify/separate various types of delays, apportion liability for delays between the parties in order to prepare Extension Of Time Claim . also we will be able to analyze delays using different techniques.
The course will enlighten coverage afforded by such time-related insurance policies and how claims are triggered. Common policy issues relating to delays in projects and reasons for the delays will be addressed. Various types of incident scenarios will be shared, and application of the policy cover will also be considered.
By the end of this Project Delay Management and Claim Assessment Master Class training course, you will be able to:
Understand how these project delay insurance policies are arranged and the protection afforded
Learn the underwriter’s consideration at the time of underwriting the risk
Appreciate the claims handling aspect of this subject matter
Highlight type of projects that require such coverage
Apply some of the concepts relating to project delays and how it affects the contract arrangements
Project Delay Management and Claim Assessment Master Class training course, is ideal for:
Financial / Banking officials and representatives of Government agencies and utility companies