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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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