London Training For Excellence Contract Administration Claims Management and Negotiating Win-Win Settlements London Training For Excellence
Price: USD 4,900
Instructor led live virtual classroom online. Classes may be individual or in group.

Course details

Overview
This course provides a comprehensive practical briefing on the issues and details of effective contract administration claims management and negotiating a proper understanding of contract documents and contract administration during the design tender and construction stages the parties to the contract can avoid unnecessary cost overruns and disputes. Cost control is important for any project. Therefore good knowledge of contracts claims and dispute resolution is necessarywhen involved in a construction project.

Objective
  • By the end of the courseyou should be able to:
  • Introduction to contract administration
  • Learn the Contract administration process during the designtenderand construction stages.
  • Gain knowledge on handling contract claims.
  • Understand the Dispute resolution methods in construction contracts
  • Learn how to cost control better with proper contract administration
  • Know the Mistakes to avoid in the contract administration process
  • Understand the essentials for proper contract administration
  • Know how to effectively negotiate for successful contract administration

Who Should Attend
  • All those involved in any aspect of implementing, managing or administering contracts; also those involved in any step of contract preparation and award for them to realise the importance of a well-prepared contract.
  • Contracts managers and specialists
  • Personnel responsible for managing contracts to ensure their company achieves maximum benefit from the contract terms

Course Outlines
Day 1
  • Defining Contract Management
  • What is Contract management
  • Types of Contract
  • Offer and Acceptance
  • Contract Governance Structure
  • Relationship Management
  • Performance Management
  • Managing Contract
  • Contract Administration

Day 2
  • Making Tendering Procedures More Effective:
  • Prequalification Procedure.
  • Tendering Procedure Public Tender Law.
  • Tender/Bid Evaluation.

Day 3
Advantages Disadvantages and When to Use:
  • Cost Reimbursable Contracts.
  • Fixed Price/ Lump Sum
  • Bill of Quantities.
  • Single General Contractor Multiple Prime.
  • Fast Track Contracting.
  • Design Supervision Contracts:
  • How to protect your the issues.
  • Selection Managing and Audit Control of Consultant's Design Activity.
  • Consultant Contracts: Analysis and Contract Administration. Conditions to Check for and Include to Protect Owner's Interests.
  • Consultant's Insurance Exclusions Warranties.

Day 4
  • Claims on projects
  • Nature of Claims.
  • Constructive Variations Issues.
  • Liability Establishment.
  • Causation Proof.
  • Damage Quantification.
  • Fair Reasonable Price Determination and Impact Calculation (VO's Claims):
  • Direct Costs.
  • Indirect Costs Overheads.
  • Other Contractual Factors to Consider.

Day 5
  • Managing Meetings For Negotiating Settlement of Disputes Claims Negotiating VO's Claims:
  • Preparation.
  • Presentation.
  • Deadly Negotiating Skills.
  • Games/Tricks Others May Play.
  • Bargaining Strategies Tactics.
  • Dispute Resolution:
  • Options Contractual Arrangement.
  • Settlement by Negotiations.
  • Mediation Arbitration Courts.
  • Cost-Benefit Considerations.
  • Management Audit Concerns.
  • Worthwhile Project Closedown Reporting.
Updated on 21 August, 2024

About London Training For Excellence

Empowering Professionals for Over a Decade

London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.

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We offer a comprehensive range of training solutions across a diverse set of industries, including:

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Our Approach

At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.

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We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:

  • In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
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By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation. 

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Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.

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