Course
Contract risks on Major Construction Projects
Decision Making and Leadership
$207.00
Summary
As the construction industry continuously grows, maintaining responsibility of day to day responsibilities remains vital. Whilst also developing fundamentals skills required for promoting professional development. This courses has been designed to enable completion of 4 individual courses, under one umbrella.
Overview
The Academy have designed this course for delegates to develop an understanding of bonds and guarantees as they are embedded in construction contracts to protect the interests of project’s stakeholders.
Suspension and termination are also critical topics in the construction industry. The importance of these topics lies in the fact that contracts can be suspended or terminated for a variety of reasons, including delayed payments, insolvency, or other unforeseen circumstances.
Delays can have a significant impact on the success of projects, which can result in costly budget overruns, schedule delays, and even legal disputes. As a result, it is crucial to have a comprehensive understanding of the core concepts of delay analysis to identify and analyse delays effectively.
Furthermore, as payment issues become increasingly frequent in the current construction market, this course provides essential knowledge on payment provisions under FIDIC contracts, including a comparison with legal perspectives including a review of common law and civil law perspectives to facilitate this issue and ensure successful project completion.
This course enabled delegates to group book 4 courses in one. Please use the links below for more information on the courses and topics covered within ‘Contract risks on Major Construction Projects’.
Links:
Event Details
Next Available Dates
18 January 2024
Structure
Accordion Closed
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Objectives
Follow the links to the learning objectives for each course.
Contents
This course will cover:
Week 1: An Overview of Bonds/Guarantees in the Construction Contracts
Week 2: Can you Suspend or Terminate a Contract
Week 3: Understanding Delay Analysis Methodologies
Week 4: Getting Paid: The Challenges Arising out of Payment Issues
Suitability
Contract Administrators, Engineers, Quantity Surveyors, Commercial Leads and Consultants, planners and forensic delay analysts.
Assessment
No assessment.
Other currencies
Course Leader
Lead Tutors
Global Quantum Solutions.
Stephen Board, Director UAE. Along with an MBA in Construction and Real Estate, Stephen holds charterships as a Quantity Surveyor, Construction Manager and Professional Manager. He has a deep understanding of, and high competency in the differing commercial, financial and technical constraints throughout the life cycle of major infrastructure, oil and gas and property projects from bidding for work, through to delivery, variations, claims and final accounts. Stephen is an outstanding professional with over 18 years’ international experience in engineering consultancy, contracting and subcontracting organisations. Stephen leads Quantum’s Abu Dhabi office where his ability, work ethic and professional attitude has allowed him to rapidly develop from a Senior Consultant, through to Associate Director and now Director. In his spare time, Stephen is the Chairman of the Lighthouse Club Abu Dhabi and Vice Chair for the Chartered Institute of Building (CIOB) Abu Dhabi Hub, where he advocates for a professional construction industry and enjoys influencing regional construction policy. |
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Michael Davies, Country Director UAE. 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 17 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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Justin Spruit, Associate Director UAE. A highly proficient and ambitious individual with advanced project management knowledge gained over the past 18 years working in the construction industry. His experience includes full planning, scheduling and reporting, advising project managers on acceleration plans and managing client claims from defence to generation through to approval/adjudication. In addition, Justin has recently been working as a commercial manager responsible for the day-to-day contract management including the preparation of independent expert reports. Justin is also fully conversant and experienced in all delay methodologies having implemented these on a wide range of projects. He also has the ability to quickly identify key issues while still focusing on the required level of detail. Justin has been working as a forensic planning claims consultant full time for almost six years after having had significant success in the preparation and defence of claims as a senior planner. Justin has previously assisted in the preparation of expert reports in support for arbitration.  |
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