Course
Commercial Management for FIDIC
Commercial and Contractual Knowledge
Original price was: $370.00.$249.00Current price is: $249.00.
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Summary
This course aims to deliver on a vast array of matters relating to the Commercial Management of FIDIC contracts. The course will run through the selection of the correct form of contract, how to apply and interpret the conditions and what are the rights obligations and duties of the Parties to the Contract. The course also covers how to deal with claims, variations disputes under the standard conditions of FIDIC suit of contracts.
Overview
The Commercial Management in Construction course focuses on maximising business potential in construction projects by successfully managing finances, procurement, and processes that impact project profits, timescales, and quality. The course is designed to help delegates take on the role of commercial management and achieve success in construction projects.
The course covers all essential topics, from the essence of contracts to financial, time, and quality management, and references the FIDIC forms of contract. The course provides delegates with the tools and skills to recognise and deal with critical commercial issues in construction projects.
Event Details
Next Available Dates
9 May 2024
Structure
- Following purchase of a CIOB Academy course the team will email delegates registration links and additional information, 1 week prior to the course start date.
- Accessing the live webinar sessions during the course require delegates to register using teams
Accordion Closed
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Objectives
- Understand different forms of FIDIC contract and how to select the correct form based on the desired procurement route.
- Understand the risks, duties, obligations, and obligations of the Parties.
- Understand how to correct administer the contract conditions.
- Understand the basic principle of making claims and changes under the FIDIC contract forms.
- Understand the dispute resolution mechanisms under the FIDIC standard form.
Contents
ModulesÂ
Applying the correct FIDIC form of contract to best suit a project
- Introduction to the FIDIC Suite of Contracts
- Procurement Routes
- Risk Allocation in FIDIC Contracts
- Group task – 3 scenariosApplication of and Documents forming the Suite of Contracts
- Parties to the Contract
Implementing FIDIC’s principles, mechanisms, and best practices for contract and project management
- What is Contract Administration?
- Basic procedural steps to managing contracts.
- Notice and Time Bar
- Contemporary Records
- Determinations under FIDIC
The responsibilities, obligations, and entitlements of the Employer and the Contractor
- Programme and Time
- Design Responsibility
- The Site
- Employer’s Personnel
- Subcontractor’s Labour and Plant
The Engineer’s different roles, duties, and responsibilities in relation to FIDIC contracts
- Engineer’s Duty and Authority
- Delegation by the Engineer
- Instructions by the Engineer
- Engineer’s Determinations
- Taking Over and Defects
Applying the Correct Payments, Claims, and Dispute Resolution Mechanisms as envisaged by the FIDIC Contracts
- Payment Clause provisions
- Variations
- Claims
- Effect, Cause, Liability
- Case study on claims
Suspension of Works, Termination & Dispute Resolution
- Suspension of Works
- Termination
- Dispute Resolution
Suitability
The course is designed for those with limited or advanced experience in the use of FIDIC Contracts that may include:
• Construction Managers
• Contract/Commercial Managers
• Engineers
• Planning/PMC roles
• General Managers
Assessment
There is no assessment with this course
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Michael Davies
Michael Davies, Country Director UAE, Quantum Global Solutions
Michael Davies holds a BSc (Hons) in Building Surveying, LLM in Construction Law and Arbitration and is a member of Royal Institution of Chartered Surveyors (RICS), Chartered Institute of Arbitrators (CIArb) and Chartered Association of Building Engineers (CABE).
With over 18 years’ experience in commercial and claims management across the UK, Middle East and Far East, earlier this year Michael was appointed as Quantum Global Solutions, Country Director UAE and is based in the company’s Dubai office. In his career he has prepared numerous claims for extensions of time, disruption, acceleration, quantum for prolongation, variation costs, loss and expense for major clients and has acted as party appointed expert for matters of quantum in arbitration proceedings in the Middle East.
Michael has sectoral experience across a multitude of sectors including oil and gas, infrastructure, schools, malls, metro, civil construction, industrial, solar and wind energy projects and regularly supports construction industry events in the region.
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