Contract Management: Claims, Variations and Delay

Contract Management: Claims, Variations and Delay

Key details

Mode of delivery: Classroom-based

Course code: PCM21E

Duration: 1 day

Fee: £925.00 + VAT

CPD Hours: 6

Course Overview

This session focuses on managing contract variations, handling claims, and addressing project delays, particularly within construction. Participants will explore the causes and consequences of delays, strategies for managing claims, and the application of acceleration and liquidated damages to mitigate risks and maintain timely contract performance.

Agenda

Claims, Variations and Delay

  • Managing contract variations
  • Consequences of delay, including delays by the employer or the contractor
  • Handling contractor claims for extension of time and additional costs, acceleration or disruption
  • Liquidated damages

Course Review

  • Summary and recap of key learning objectives
  • Action Planning

Target Audience

This course is suitable for:

  • Contract and Commercial Managers, and Contract Administrators managing active contracts
  • Procurement and Supply Chain Managers, and Vendor Management Professionals
  • Project Managers, Engineers, and Construction or Consultancy Contract Professionals
  • Claims, Variations, Delay, and Performance Management Professionals
  • Legal, Compliance, and Risk Management Professionals involved in contract interpretation
  • Finance and Cost Control Professionals supporting payments, claims, and contract performance
  • Operations Managers and Service Delivery Managers responsible for contractor performance
  • Professionals preparing for senior contract management responsibilities

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

  • Identify and evaluate different types of contract variations and their impact on project scope and cost.
  • Analyse the consequences of delays caused by both employers and contractors and determine appropriate remedies
  • Apply legal and contractual principles to assess claims for additional time, costs, acceleration, and liquidated damages.

Categories

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