Workshop on Contract Management (FIDIC)

This course has been designed to offer a complete up-to-date review of the effective understanding and use of the Contracts currently in use. The Contracts Management Workshop program has been designed to be highly practical and includes active participation in ‘hands-on’ workshops and discussion sessions.
The course leader is highly qualified in his experience of Contracts Management using MPW General Conditions of Contract and FIDIC (Red Book)
The International Federation of Consulting Engineers (FIDIC) has, over the years, issued a number of Standard documents for use on construction projects. The contracts which are currently in most common use around the world are: The Conditions of Contract for Construction (The 1999 Red Book); The Conditions of Contract for Plant and Design-Build (The 1999 Yellow Book); The Conditions of Contract for EPC Turnkey.

No contract will be successful unless – it is underpinned by sound contract management and administration. More often than not it is the support team involved in the background of a contract that ensures it is a success. This course will help you to understand how the effective management and administration of a contract can deliver the goals it set out to achieve. In this course, participants will be able to have knowledge and skills on the meaning of Agreements, the importance of contracts, and the ability to identify the risks and minimize risks in preparing contracts.

• Understand the ‘offer and acceptance process of reaching an agreement on the contract terms.
• Understand the contribution that contract administration can deliver and able to minimize contractual risk.
• Manage change during the contract from a risk and legal perspective Negotiate more effectively.
• Understand and draft contractual terms and conditions.
  Gain confidence to engage in a legally binding contract.
• Understand the legal ramifications and obligations of each party.