PM0619 : Construction Contracts Masterclass

This practical and highly-interactive course
includes various practical sessions and
exercises. Theory learnt will be applied using our
state-of-the-art simulators.
This course is designed to provide participants with a
detailed and up-to-date overview of Construction
Contracts Masterclass. It covers the construction
contracting environment and key challenges
including contract formation, structure and legal
principles; the standard forms of construction
contracts, construction contracting and procurement
strategies; the contract risk identification and
allocation and contractual clauses commonly leading
to problems; the effective construction contract
administration, scope definition and management,
variations, change orders and change management;
and the contract pricing, payment and commercial
management including performance obligations,
quality and acceptance.
Further, the course will also discuss the securities,
insurance, indemnities and liabilities and time
obligations and construction scheduling; the delay,
disruption and extension of time, liquidated damages
and delay-related remedies; the construction claims
management, claim evaluation, defense strategies,
contract records, evidence and documentation; and
the collaborative contracting principles, modern
collaborative contracting models and risk
management in collaborative contracts.
During this interactive course, participants will learn the contractual problem prevention
and early intervention; the negotiation in construction contracts and improving contract
and project outcomes; why construction disputes occur and the dispute resolution
methods; the fundamentals of domestic and international arbitration including arbitration
agreements, procedures and tribunal processes; the evidence, expert witnesses and
technical documentation; and the comparison between arbitration, litigation and
alternative resolution options.