Euro Training Training Programs, Workshops and Professional Certifications

Euro Training Instructor Lead Online Training
3 Week Advanced Programs Home Page

Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries
Audio version brochure
DRF303
3 Week Advanced Training Workshop

Drafting Enforceable Project Contracts & Conditions

Building Advanced Skills & Competencies in

  1. Using Standard Contracts & Conditions

  2. Preparing Project Special Contract Conditions

  3. Drafting Rules for Effective Risk Transfer

  4. Ensuring Drafted Contract Does Not contain Counter-productive Progress Disruptive Contract Administration Requirements

www.eurotraining.com/bro/drf303-3.php

3 week Advanced Training Workshop

3rd Monday of Month
GLOBAL ONLINE



Useful Links


PDF Link  |  Center Full List  |  SEND EMAIL

What is Covered in this Advanced Program?

  1. Project Plans have Many Associated Risks that cause uncertainty in ultimate time and cost. Most of the Risks are known but the probability of occurrence varies with the actual project details and circumstances. Some party has to take these risks and allow contingencies for them in his budgets and plans. Who takes which risks and to what extent is defined in the drafted contract conditions.
    Standard Contract Conditions for Particular Type of Works have been prepared by various professional organizations (like FIDIC) and large Organizations (like Worldbank) that assign the known usual risks between the parties based on criteria including: fairness, practical quantifiability, capacity to bear the risk and company contracting policy. Generally higher the risk assigned to the contractor higher the bids one receives.
    Then there arises issues regarding enforceability of the Contract Conditions. Local Laws and Legal Interpretations may not allow certain risks to be transferred on the contractor, or may require special tests to determine whether the actual risk was enforceably transferred. Any drafted contract risk transfers must meet these legal tests.
  2. This Advanced Workshop addresses all the above issues and provides (1) Understanding, (2) Drafted Templates, (3) Interpretation & Drafting Rules, (4) Checklists and (5) Competencies for Drafting Enforceable Project Contracts and Project Specific Conditions.

This Advanced Workshop will show that the Contracts serve an important risk allocation objective, but even more important to your organization is, the meeting of Organizational Project and Strategic Objectives. To ensure this is achieved this program will show there is a need to give due consideration during drafting to Parties: (1) Capacity of Parties to Bear the Risk. (2) Willingness of Owner to pay more through the bidding process for more risks taken by the contractor. (3) Including Motivation Aspects to Meet Project Objectives. (4) Motivation to Improve the Project Design through Value Engineering, and (5) Motivation to Mitigate the Impact of any Delays or Disruptions.

  1. This Advanced Workshop will provide the required understanding, skills, checklists and competencies to incorporate above required provisions in the Project Contract Conditions.
    This Advanced Workshop will create understanding of drafting that can incorporate practical Contract Administration Provisions so that: (1) Both parties have a responsibility to keep the other party informed of the actual risks and project impacts that may arise during execution or construction. (2) Project progress is not unnecessarily hindered by the drafted Contract Administration provisions. (3) Drafted provisions must not mislead, through ambiguity or unenforceability, the technical personnel who will be actually administering the contracts on a day-to-day basis.
  2. This Advanced Workshop provides the participant the knowledge, drafting samples and practical skills to Effectively ensure the above-mentioned aspects are built into the drafted contract.
    This Advanced Workshop will discuss case studies of projects where some such missing drafting elements caused project failure to meet one or more of the project objectives.

This Advanced Workshop will also help the participant understand how to build a Construction Project Contract Drafting Knowledgebase for his organization. This knowledgebase will help draft contracts meeting all the above concerns in the shortest possible time and hours of effort.

Who should Attend?


  1. This Advanced Workshop is intended for Legal, Contract Drafting, Contract Administration and Project Technical Staff contributing to the Contract Drafting Process.
  2. This Advanced Workshop is also intended for Professionals involved in Approving, Managing and Auditing these contracts.
  3. Advanced Program Content
    (Ai & Data Analytics Leveraged)
  4. Whatsapp: USA +15512411304
  5. Email: drf303-3@eurotraining.com

CLICK FOR REGISTRATION AND PROGRAM OUTCOMES
Euro Training Training Programs, Workshops and Professional Certifications

Euro Training Instructor Lead Online Training
3 Week Advanced Programs Home Page

Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries