Course Overview
This intensive 5-day training course offered by IRES provides a comprehensive introduction to contract management and administration based on the FIDIC (International Federation of Consulting Engineers) standard contracts. Participants will gain hands-on experience in managing contracts effectively in engineering and construction projects. The course covers fundamental principles, risk management, negotiation techniques, and dispute resolution mechanisms to ensure compliance and successful contract execution.
Course Duration
5 Days
Target Audience
-
Project Managers
-
Contract Managers
-
Engineers and Architects
-
Construction Professionals
-
Legal and Compliance Officers
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.
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.
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
Case Study: Analyzing real-world applications of FIDIC contracts in international construction projects.
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
Case Study: Effective contract administration strategies in large-scale infrastructure projects.
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
Case Study: How effective risk management reduced project delays and cost overruns.
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
Case Study: Successful negotiation tactics that prevented costly legal disputes.
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
Case Study: Real-life dispute resolution scenarios and their outcomes.
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
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 Transfer
Accommodation and Airport Transfer 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]
Click here to register for this course.
Register NowCustomized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.
Do you need more information on our courses? Talk to us.
