• Post category:StudyBullet-15
  • Reading time:6 mins read


Manager and adminster a contract to achieve project outcomes

What you will learn

Understand how to manage and administer a construction contract

Understand what contracts are and why they are used

Understand the different roles in a construction contract

Understand the stages of contract management

Learn how to understand a contract

Learn how to prepare a Rights and Obligation Summary

Learn how to deal with errors in contract documents

Learn how to write commercial letters

Understand the critical elements of a construction contract

Learn how to review and approve payment claims

Learn how to manage variations

Description

Infrastructure projects require massive collaboration among different companies to be effective. These companies need to work together seamlessly to accomplish the task at hand. Construction contracts are the agreements that these companies form to define their obligations and responsibilities. Our construction contract administration course equips you with the skills you need to understand and use these contracts to achieve project outcomes successfully.

The course focuses on the effective use and understanding of contracts during the project delivery phase. While we briefly discuss contract formation, our primary focus is on contract administration. This process involves managing and overseeing the execution of a contract between two parties.

The course is divided into four sections. In section 1, we provide an introduction to construction contracts, including their importance, role, and how they allocate responsibilities. We also discuss the stages of contract management and effective contract management.


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In section 2, we delve into understanding contracts. We explore how a contract is a set of processes, different contract types, the structure of a contract, and how to resolve discrepancies and errors in contract documents.

In section 3, we focus on Business As Usual (BAU) contract management. This means managing a contract when everything is going as planned. We discuss the key components of a contract, including time, scope, payment, quality, defects, security, and insurance. In section 4, we address issue management and how to manage a contract when things go awry.

This course is ideal for anyone working in the infrastructure and construction sector who wants to enhance their ability to use and understand contracts.

English
language

Content

Introduction

Introduction to the Course
Who am I and why should you bother listening?
Who are these courses for?

Section 1 – Introduction to Construction Contracts

Section 1 – Introduction
Setting the scene
The Importance of Contracts
Contracts as ways of allocating responsibility
Roles in Contract Management
Stages of Contract Management
Contract Management Done Well
Section 1 – Conclusion
Section 1 – Quiz

Section 2 – Understand the Contract

Section 2 – Introduction
Contracts as a set of processes
Types of Contracts
Structure of a Contract
Rights and Obligation Summary
Discrepancies and Errors in the Contract Documents
Commercial Communication
Section 2 – Quiz

Section 3 – Business As Usual

Section 3 – Introduction
BAU Contract Management
The Contract Scope
Time
Payment
Quality and Defects
Security
Insurances
Section 3 – Quiz

Section 4 – Change and Issue Management

Section 4 – Introduction
Variations
Default
Disputes
Section 4 – Quiz

Section 5 – Summary

Section 5 – Introduction
Tips for better contract management
Section 1 – Review
Section 2 – Review
Section 3 – Review
Section 4 – Review
Overall Conclusion