MODULE 4
Contract Management and Administration ( 2 CPD Points)
Ensuring that FIDIC contracts are managed and administered correctly and successfully.
The FIDIC Golden Principles 2019 state that the implementation of properly
prepared FIDIC contracts is as important as the proper preparation and drafting of FIDIC based tender dossiers. This practical training course explains and illustrates the practical use and management of the FIDIC Conditions of Contract for Design & Build Projects from commencement to the
completion of the Contract. The course or seminar is designed to help the participants have confidence in working with the FIDIC Red and Yellow Book, 2nd Edition 2017, bearing in mind that the core aim of the majority of the changes in FIDIC’s2017 contract updates is increased clarity and
certainty. Consistent with the above, FIDIC has improved the contract provisions by making them more prescriptive and introducing step-by step project management and procedural mechanisms in order to reduce the risk of disagreements regarding the interpretation of contract terms.
Training
Short Form of Contract Course
Green Book
Green Book
For the first time, we are offering comprehensive training on the FIDIC Green Book (2021 Edition), a globally recognized standard for short- form contracts in construction. This training will provide participants with an in-depth understanding of the Green Book’s fundamental principles, its applicability to various projects, and best practices for managing contractual obligations and risks.
What You Will Gain:
A comprehensive understanding of the FIDIC Green Book (2021 Edition), including its structure, key principles, and application in construction projects.
Insights into the FIDIC Golden Principles, risk allocation, and the claim management process.
Practical knowledge on selecting the appropriate contract and understanding essential contract elements.
Expertise in managing key contract clauses, such as variations, time extensions, payments, and termination.
Tools for effective contract administration, including record-keeping, communication, and rights enforcement. Guidance on managing disputes and ensuring fair, transparent relationships between employers and contractors.
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What You Will Gain:
A comprehensive understanding of the FIDIC Green Book (2021 Edition), including its structure, key principles, and application in construction projects.
Insights into the FIDIC Golden Principles, risk allocation, and the claim management process.
Practical knowledge on selecting the appropriate contract and understanding essential contract elements.
Expertise in managing key contract clauses, such as variations, time extensions, payments, and termination.
Tools for effective contract administration, including record-keeping, communication, and rights enforcement. Guidance on managing disputes and ensuring fair, transparent relationships between employers and contractors.