Contracts Management in Construction Projects
Contracts Management, Contract Administration, FIDIC, Bank Guarantees, Contracts, Letter Drafting, Quantity Surveying
Created by Akhil Krishna - MEP Quantity Surveyor
Students: 25008, Price: $19.99
Students: 25008, Price: Paid
Every construction project is bound by a Contract. Proper Contract Management plays a major role in the effective management of your construction projects. Adhering to all the Contractual obligations, the terms and conditions can save both cost and time. There are a few standard Contract Forms that is followed in a Construction project mainly FIDIC (International Federation of Consulting Engineers), NRM (New Rules of Measurement), JCT (The Joint Contracts Tribunal). The procedures to commence work, the documents required at each stage of the project, variation procedures, payment terms, basis for termination and suspension of works by either parties, completion of work, roles and responsibilities of all the stake holders and their staffs, dispute resolution methods, Arbitration procedures etc are all mentioned in the contract.
By the end of this course you will learn:
- The Different Contracting Arrangements utilized in different types of construction projects.
- FIDIC Red Book Timelines. A thirty-minute lecture contains the entire FIDIC Conditions of Contract for Construction for Building and Engineering Works timelines that needs to be adhered in the construction works.
- Helpful tips & step by step procedure on how to draft a contractual letter.
- The Different Bank Guarantees in Construction project.
So what are you waiting for. Enroll for this course to learn something new and different.
Introduction to Contract Management
Understand what is involved in the contract management process and put this knowledge to work with confidence.
Created by Michael Young - Procurement and Contract Management Facilitator
Students: 1179, Price: $94.99
Students: 1179, Price: Paid
Creating a contract can seem intimidating. Get it right and you can build rewarding business relationships. Get it wrong, and you can put your business at risk. Learn the vital skills to begin to deliver and manage good contracts in this online short course.
What will you achieve?
By the end of this course you will be able to:
Define a contract and understand the importance of knowing the parties
Understand the building blocks of contracts
Identify the key elements involved in contract formation
Demonstrate an understanding of common contract terms and conditions
Identify potential contractual issues
Identify and manage variations
Identify key contract risks
Gain continuing professional development points with the presentation of your completion certificate to organisations such as CIPS.
Why join this course?
Contracts are the lifeblood of most businesses in the private and public sector. Yet many people sign them without really knowing what they mean or having an understanding of what elements the contract must have to be considered a proper and valid contract. Understanding common terms used, the structure and being able to prepare good contracts are core skills for everyone involved in procuring good and services from business owners and project managers to admin staff.
Who is this course for?
This online introductory level course is designed for anyone, at any level of business, who wants to better understand what is involved in the contract management process and put this knowledge to work with confidence. It is suitable for people working in the public and private sectors. It is ideal for those new to procurement and contracts, or those in roles that have exposure to contracts and procuring goods and services.
100% online + 24/7 access
Study when you want, where you want, to get the most from your learning. This online course is delivered in 9 videos (8 hours total). With 24/7 unlimited access, you can watch the videos as many times as you need. This online short course is non-accredited and there is no assessment. You will receive a certificate of completion once you have viewed all content. Course can be used to gain CPD points with organisations like CIPS.
Complete Contract Management Bootcamp 2021: Zero to Hero
Get CPM-P Certified & Learn about the key and most important concepts and download 28 free tools of contract management.
Created by Koray Demir, MRICS, PMP, CPM-P - Senior Project and Commercial Management Professional
Students: 1077, Price: $89.99
Students: 1077, Price: Paid
Sep 2021 Update: "Project Risk Register Template" in MS Excel format is uploaded under Lecture 18 . It includes all reference tables that you need while handling the risks in your contracts!
May 2021 Update: "A Typical Joint-Venture Agreement" is generously shared in MS Word format under Lecture 6. You can download this 11 pages JV Agreement and adapt it for your projects!
This is the MOST COMPREHENSIVE online course on post-award contract management. It includes 93 lectures delivered under 14 sections. It only takes 6 hours and every lecture video is 3-5 minutes. Only the good stuff. No lengthy and theoretical explanations. Relevant and to the point practical information.
Here is what you will receive with your enrollment:
High-quality video lectures that explain the different terms and concepts with real world examples and applications.
Downloadable free tools and resources which you can immediately apply on the job.
Quizzes that help you validate what you learnt and put it into practice to increase your information retention.
1-on-1 expert instructor support to answer your questions or clear up any confusion you might have.
Lifetime access with no expiration so you can complete the course at your own pace, anywhere, on any device and come back for a refresher at any time.
Free course updates so you can continue to benefit from enhancements made to this course.
It comes with Closed Captions (CC) (subtitles in English).
You will learn from a contract and commercial expert who applies this on a daily basis to his professional projects.
Buy with confidence. It's not a coincidence so many people buy this course.
Everything to know under single course. The course covers the whole processes of post-award contract and commercial management just in one single course!
Also, join among the others who've completed this post-award contract and commercial management certificate qualification course and applied for Commercial Project Management Practitioner (CPM-P) certificate of Commercial Officers Group (CoG) – a US-based organization leading high-yield contracting and commercial excellence all around the world.
You'll earn 75 points for CPM-P upon successful completion of this course! This course is recognized by CoG as qualified third party program towards CPM-P certification!
Individuals from different industries are welcome as the same principles apply to any industry due to similar nature of contract requirements.
What are people saying about this course?
#1 “This is a very well-structured course. Being a contracts professional, this course helped me to refresh knowledge on some of the contractual topics. I enjoyed the quizzes at the end of each section!!!”
#2 “The instructor has filled a huge gap in the contract management discipline by preparing this extensive course as the course covers not only the theoretical but also practical applications of contract management…”
#3 “…The language is not difficult to understand, the terminology is explained well, and the course chapters flowing fast. Recommended for all who are in projects, and wants to develop themselves in contract management/administration or wants to shift the career to this area.”
#4 “This course is simply a very well organized summary, synthesizing contract management & project management aspects by considering both theoretical and industrially practical approaches simultaneously…”
Within the course resources sections, you will find very useful and popular tools for which you don't need to spend much time for designing from the scratch, like:
Project Risk Register Template (Sep 2021 Update)
Typical Joint-Venture Agreement (May 2021 Update),
Contract Management Responsibilities Matrix,
Typical Outline for Contract Administration Manual,
Typical Tender Package Content,
Daily Report Format,
Business Letter Template,
Change Request Template, ....and many more ready-to-use templates and outlines are inside the course!
After completing this course, you can apply for CPM-P certificate via Commercial Officers Group website. This course will make you more confident in managing the whole life-cycle of post-award contract and commercial management and you will not miss any essential step which will avoid the loss of significant time and money.
The course also claims to be the most popular training who plans to make a career change to managing contracts and subcontracts.
Experienced professionals can also benefit from this course to refresh or level up their existing contract and commercial management skills.
In addition to the above-said benefits, you can claim 6 PDUs and/or 6 CPDs for renewing your existing PMI-PMP and RICS-MRICS Certificates.
Application for CPM-P certificate is done through Commercial Officers Group website by presenting the successful completion certificate of this course!
The Fundamentals of Contract Management
Implementing efficiency, minimising risk, and achieving value
Created by Driponeer Ltd - Become more than your vision
Students: 127, Price: $49.99
Students: 127, Price: Paid
You will be seeking to learn and apply The Fundamentals of Contract Management. You may want new insights as a member of a commercial team. Or a project manager whom wishes to understand, how to better incorporate contract management activity within your work streams. Finally you may not have any experience at all with contracts, and want to become prepared to manage them. Regardless of your circumstances, you will have the opportunity to learn and apply the information throughout the course.
This course will enable you to:
Develop contract management strategy for your organisation
Navigate the phases of contract management lifecycle
Implement contract management activity
Identify value of contract management data
Become efficient at managing contract transitions
For the Individual
Develop knowledge of Contract Management Lifecycle, enabling you to input at the right times.
Provide an overview of the activities needed to maximise performance.
Build confidence in managing large complex contracts.
For the Team
Plan resource allocation for weekly and strategic aims, avoiding wastage of time and money.
Identify activity driven by strategy, minimising ad-hoc work.
Comprehensive KPI development, to make lean and efficient data evaluation.
For the Organisation
Upskill your personnel to maximise ERP systems.
Use a framework to write your strategy, to minimise the Lack of oversight for contract management,
Apply methods to extract value for money, avoiding costly activity to gathering data for achieving goals
Questions you may have
1. Do I need advanced mathematical knowledge?
Answer: No, this course uses both qualitative and quantitative methods, and calculations which can be performed on a spreadsheet or use of a calculator.
2. Do I have to work in commercial or buying already to take the course?
Answer: No, this course upskills those whom already work in the field, and enables those wishing to work in contract management, procurement, commercial, buying, and purchasing.
3. Do I need to take notes and do homework?
Answer: We encourage our students to take notes and actively listen, this will enable you to understand, then apply the knowledge from the lectures. Our “homework” are Activity Sheets which you can do at work! The tools and methods can be applied at work, and so you can start benefiting in your professional and personal learning.
Contract Management : Specific Contract Clause Study
Understand the Force Majeure Clause and Edit/Negotiate it in a Practical Way
Created by Lynn . - Instructor
Students: 46, Price: $59.99
Students: 46, Price: Paid
Every contract contains a set of standard clauses commonly called "boiler-plate" clauses. These are tucked away towards the end of any properly drafted English contract. Have you looked at these last couple of clauses & wondered what they mean?
They are often considered the less important clauses. As such, "boiler-plate" clauses are often overlooked or not negotiated. Some of them are straightforward, however, some, like the Force Majeure clause, cover important matters and can present issues if not negotiated appropriately.