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Commercial Training for Engineers

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Overview:

This is an introductory level course addressing commercial aspects of construction for which aspiring construction managers and site management staff need a level of knowledge in order to be able to protect themselves, their Employer and their Clients.

Aims & Objectives:

To provide delegates with an appreciation and understanding of some of the commercial issues within construction and how these can affect company objectives.

Learning Outcomes:

On completion of this course, delegates will have a raised awareness and better appreciation of these issues and will be able to make better informed decisions in their day to day dealings with such matters for the benefit of their Employer.

Course Outline:

The course is divided into the following elements:

1) What is a Contract?

  • Basic constituents of a contract
  • Breach, variation and damage

    • 2) Contracts Generally

  • Types of Contract (design & build, Bills of Quantities etc)
  • Standard Form Contracts (e.g. JCT, ICE)
  • Bespoke Contracts
  • Procurement alternatives – lump sum, measure and value etc.

    • 3) Payment

  • Getting Paid
  • Contract/management procedures
  • Cash flow and milestones

    • 4) Variations and Records

  • Identification of Changes
  • Recording and evaluating
  • Contract mechanisms

    • 5) Cost and Value

  • Definitions of cost and value
  • Cost coding systems and codes
  • Reporting of cost and value
  • Cash flow

    • 6) Budgets

  • Their purpose, compilation and use as an effective management tool for project and business control and development

    • 7) Programming

  • Methods of Programming – Gantt Chart, Time location, line of balance
  • Proprietary software
  • Preparation of the programme
  • As-built programmes
  • Contractual significance of programmes

    • Mode of Delivery:

    The training session is run on an interactive basis and incorporates a number of group exercises in addition to elements of PowerPoint presentation.

    Benefits of Attending:

    A raised awareness and understanding of some of the commercial considerations arising during the construction process.

    Intended For:

    The course is aimed at delegates up to assistant Project Manager level or equivalent.

    Pre-Course Requirements:

    There are no particular pre-course requirements.

    Testimonials – what our clients say...

    • Excellent commercial overview for engineers, particuarly due to industry knowledge and relevant examples.

      Contracts Engineer, Bachy Soletanche

    • The tutor had an excellent knowledge of our industry (piling) making it easier for him to explain various examples. Good overview of all elements.

      Site Engineer, Bachy Soletanche