This training program offers participants an in-depth understanding of the FIDIC suite of contracts and their practical applications. It empowers them to enhance their contract management capabilities and drive project success.
Understand the principles and structure of FIDIC contracts.
Learn practical applications and management of FIDIC contract provisions.
Develop skills to handle variations, claims, and disputes under FIDIC contracts.
Gain insights into the roles and responsibilities of parties in FIDIC contracts.
Enhance strategies for risk management and dispute resolution in FIDIC contracts.
Project Managers.
Contract Administrators.
Legal Professionals.
Construction Managers.
Engineers.
Procurement Specialists.
Overview of the FIDIC suite of contracts (Red Book, Yellow Book, Silver Book).
Key principles and structure of FIDIC contracts.
Differences and similarities between various FIDIC contracts.
Importance of FIDIC contracts in international construction projects.
Case studies on the application of FIDIC contracts in real-world projects.
Formation of FIDIC contracts and essential elements.
Interpretation of key FIDIC contract clauses.
Role and responsibilities of the Engineer under FIDIC contracts.
Contract administration and documentation requirements.
Practical exercises on contract interpretation and application.
Identification and management of variations in FIDIC contracts.
Procedures for initiating and approving variations.
Impact of variations on project cost and schedule.
Best practices for documenting and managing variations.
Case studies on handling variations in FIDIC contracts.
Overview of claims and disputes in FIDIC contracts.
Procedures for submitting and assessing claims.
Role of the Engineer and Dispute Adjudication Board (DAB) in resolving disputes.
Techniques for effective claim preparation and negotiation.
Case studies on claims and dispute resolution under FIDIC contracts.
Identification and assessment of risks in FIDIC contracts.
Risk allocation and management strategies.
Role of insurance in risk management.
Implementing risk management plans in FIDIC projects.
Discussions on risk management scenarios.
Types of performance security and guarantees in FIDIC contracts.
Procedures for calling and releasing performance security.
Legal and practical considerations in managing guarantees.
Best practices for ensuring compliance with performance security requirements.
Case studies on performance security issues in FIDIC contracts.
Payment procedures and requirements under FIDIC contracts.
Management of advance payments, interim payments, and final payments.
Financial control and monitoring in FIDIC projects.
Handling delays and disputes related to payments.
Practical exercises on payment management and financial control.
Time-related provisions in FIDIC contracts.
Procedures for managing project schedules and delays.
Extensions of time and liquidated damages.
Techniques for mitigating and resolving delay-related issues.
Case studies on time management in FIDIC contracts.
Procedures for contract closeout and project handover.
Documentation and administrative requirements for closeout.
Handling defects liability and warranty periods.
Best practices for ensuring a smooth project closeout.
Discussions on contract closeout challenges and solutions.
Overview of advanced dispute resolution methods in FIDIC contracts.
Role of arbitration and alternative dispute resolution (ADR) techniques.
Preparing for arbitration proceedings.
Techniques for achieving amicable settlements.
Case studies on successful dispute resolution in FIDIC projects.
