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Certificate In Asset Management By: Ciel Consulting - Education - Nairaland

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Certificate In Asset Management By: Ciel Consulting by brainifypm: 2:53pm On Oct 27, 2020
Individuals involved in construction or other large projects are often unclear as to the obligations of parties regarding claims and how to correctly perform these obligations. Unfortunately, if claims are not managed effectively, there is a probability that issues will escalate into costly and time-consuming disputes. A correct understanding and the proper management of claims can significantly improve the bottom line of construction projects whilst maintaining goodwill between the parties.

This course provides an in-depth examination of the FIDIC Red, Yellow, Silver and Gold books to provide a full understanding of the circumstances under which claims may be made, what may be claimed, the claim procedures and the requirements for engineers' responses and determinations.

Participants will examine each clause within FIDIC contracts for the case of the employer's, contractor's and engineer's personnel, and gain a clear understanding of what the parties must do to comply with the requirements. They will also learn how to prepare and respond to claims and resolve matters at the project level in a timely manner, whilst maintaining good relations with the other party.

Course Methodology

The course will be delivered in an interactive format where participants will be encouraged to ask questions and debate issues. Group assignments will be completed and presented to the rest of the group followed by open discussions.

Course Objectives

By the end of the course, participants will be able to:

Explain the meaning of each clause within FIDIC contracts
Identify the risks within each form of contract
Apply proper management of claims to construction projects from the perspective of employer's, contractor's or engineer's personnel
Prepare and respond to claims professionally following FIDIC procedures and requirements
Resolve matters at the project level in a timely manner, whilst maintaining good relations with the other party

Target Audience

Anyone involved with projects carried out under the FIDIC forms of contract will benefit from attending this course. This includes, but is not limited to, project managers, engineers, quantity surveyors, contract managers, contract administrators, planners, project controls and claims consultants.

Target Competencies

FIDIC contracts, procedures and requirements
Claims management in construction projects
Conflict resolution

Course Outline

Introduction to the FIDIC forms of contracts and claims
FIDIC terminology
FIDIC books
Red book
Yellow book
Silver book
Gold book
Books differences
Books usages
Definition of a claim
What may be claimed?
Risks within each form of contract
Employer's claims
Clauses that allow the employer to claim from the contractor Procedures to follow What may be claimed under different circumstances Principles for making a claim
Contractor's claims
Clauses that provide entitlement to the contractor to make a claim
Procedures to follow What may be claimed under different circumstances
Principles for making a claim
Quantum
Definition
Calculating quantum
Extensions of time
Cost
Profit
Notices
Requirements for various notices
What a notice should contain
How notices should be submitted
When notices should be submitted
Consequences of not giving notice
Procedure and presentation of contractor's claims
FIDIC procedure
FIDIC requirements for a claim submission
Presenting a claim professionally
Reaching resolution in a timely manner
The engineer's responses and determinations
The purpose of an engineer's response
What should be included within the response
Procedure for dealing with claims
Meeting the engineer's obligations
Avoiding disputes
Disputes
Advantages of the dispute adjudication board How should the board be appointed?
The elements of an effective board
Costs and cost savings
The arbitration processes
Th perfect claim
Bringing it all together - How to compile and present a claim Example of a claim document

Venue: No. 21 Oilfield Avenue off School Road Elelenwo Port Harcourt

Hotline: 07039147221, 08167198806

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