Introduction
This course focuses on equipping participants with comprehensive skills and knowledge in contract management and administration based on the FIDIC (International Federation of Consulting Engineers) standard contracts. Participants will gain insights into the key principles, procedures, and best practices necessary for effectively managing contracts in engineering and construction projects. Emphasis will be placed on understanding contractual obligations, mitigating risks, and resolving disputes under FIDIC contracts.
Duration
5 Days
Target Audience
- Project Managers
- Contract Managers
- Engineers and Architects
- Construction Professionals
- Legal and Compliance Officers
Personal Impact
- Develop a thorough understanding of FIDIC standard contracts and their application in project management.
- Acquire skills to effectively manage contractual obligations, ensuring project success and compliance.
- Enhance negotiation skills to mitigate risks and resolve disputes professionally and efficiently.
- Elevate career prospects with specialized knowledge in contract management and administration.
Organizational Impact
- Improve project outcomes by ensuring adherence to FIDIC standards and best practices in contract management.
- Enhance contract compliance and risk management strategies within the organization.
- Foster stronger client and stakeholder relationships through professional contract administration.
- Increase efficiency and reduce project delays by implementing robust contractual frameworks and dispute resolution procedures.
Course Level:
Course Objectives
- Understand the fundamentals of contract management under the FIDIC standard.
- Learn how to administer FIDIC contracts throughout their lifecycle.
- Develop skills in contract negotiation and drafting.
- Identify and manage risks associated with FIDIC contracts.
- Gain insights into dispute resolution mechanisms under FIDIC contracts.
Course Outline
Module 1: Introduction to FIDIC Contracts
- Overview of FIDIC and its standard contracts
- Types of FIDIC contracts (e.g., Red Book, Yellow Book, Silver Book)
- Principles and key clauses in FIDIC contracts
- Understanding roles and responsibilities of parties involved
- Legal framework and international applicability of FIDIC contracts
Module 2: Contract Administration and Management
- Contract administration processes and procedures
- Roles and duties of the contract administrator
- Document management and record keeping in FIDIC contracts
- Managing changes and variations (claims) in contracts
- Ensuring compliance with contract terms and conditions
Module 3: Risk Management in FIDIC Contracts
- Identifying and assessing risks in FIDIC contracts
- Strategies for mitigating risks and liabilities
- Insurance requirements and coverage under FIDIC contracts
- Dealing with unforeseen circumstances and force majeure events
- Risk allocation and management strategies
Module 4: Contract Negotiation and Drafting
- Principles of effective contract negotiation
- Drafting clear and enforceable contract terms
- Negotiating contract terms and conditions
- Best practices in resolving contractual ambiguities
- Ensuring fairness and equity in contract negotiations
Module 5: Dispute Resolution under FIDIC Contracts
- Understanding dispute resolution mechanisms (e.g., mediation, arbitration, litigation)
- Steps and procedures for resolving disputes under FIDIC contracts
- Role of the Dispute Adjudication Board (DAB) in FIDIC contracts
- Enforcing decisions and awards in dispute resolution
- Case studies and lessons learned from dispute cases under FIDIC contracts
Related Courses
Course Administration Details:
METHODOLOGY
The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
ACCREDITATION
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
TRAINING VENUE
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
ACCOMMODATION AND AIRPORT PICKUP
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
TAILOR-MADE
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
PAYMENT
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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