About this Training Course

The Risks, Scope and Context of Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) Projects is evolving rapidly. Thus, the success of a project is dependent on the practical “know how” in scoping, contract drafting, negotiation and execution competencies. Understanding the essential ingredients of contracts and mastering the international contracting principles will equip the participants to identify vague and ambiguous clauses, avoid dangerous and often hidden terms, and better understand the controlling position in a project.

In this 3 full-day course, the participants will find out how to negotiate legacy contracts where parties are not allowed to edit any clauses during the bidding process. The participants will learn from the Case Law Reports and analysis to take home lessons learned from bitter experiences of their peers in the industry. It is designed to help those who need a solution to manage current contractual issues or those who execute contracts regularly and want to be more proficient in managing their contracts and projects, with changing contexts.

The course is developed with the underlying objectives for the participants to:

1. Enhance their current knowledge of the legal principles governing international Contracts from formation, execution to breaches, redresses and dispute resolution either as a party or as a consortium member or as a coverture.
2. Manage Consortium and Joint Venture Partners inter-relationship and contractual responsibilities.
3. Identify dangerous exposures due to joint and severally liable requirements of consortium-based contracts.
4. Effectively Manage Risks of Projects, with Enforceable Contract Documents, by learning the purpose and potential benefits of maintaining evidence in compliance to the contract clauses.
5. Learn the Contract Enforcement Nuggets of Owners and the Variation Claims Strategies of the Contractors.
6. Allocation of contract management related roles / assignments and WBS within consortium partners for effective project management and profitable results.
7. Use of Contract Terms & Conditions for enhancing project performance, monitoring, reporting, and achieving timely completion, thereby avoiding delays and disputes.

This course can also be offered through Virtual Instructor Led Training (VILT) format.