Global Construction Contract Selection

65.00 USD

0.5 Hours Formal CPD

Selecting and managing a construction contract is an essential skill in an increasingly global industry. In this course, you will learn how to select contracts that enable you and your team to work effectively on a global scale.

Available Classes

Date
On Demand (Recording)

Course information

As we continue moving towards a more global industry, understanding the variety of client requirements for a project becomes ever more complex. In addition to the cultural considerations within world regions, there has also been a rapid increase in new procurement methods which can make it challenging to correctly identify the procurement route and the contract that is best suited to a changing global market. 

Walk through the methodology for identifying contract selection needs on a global basis, and consider the allocation of risk and alignment to objectives.

Recognize the differences in working in different regions across the world and build on your knowledge of the benefits and limitations of different contract types, ensuring you provide the best possible service for your client.

Course Content 

  • Traditional procurement methodology
  • Design-build/ Turnkey/ EPC contracts
  • Re-measurement contracts
  • Target costs contracts
  • Cost reimbursable/ Time and Material contracts
  • Management contracts

Why attend this course?

To gain an understanding of what you need to consider when working with construction contracts on a global level.

Who should attend? 

Contract administrators, project managers, and commercial managers looking to expand their knowledge of contract selection for the purpose of working internationally.

Format

This on-demand video course is a recorded, instructor led program with interactions built in to test your knowledge. 

Questions?

trainingamericas@rics.org
+1 (646) 786-8364

Learning outcomes

  • Identify different contract procurement routes and associated risks
  • Consider the impact of contract choice on project outcomes
  • Understand levels of administration associated with various contracts and the necessary procurement routes
  • Clarity around the levels of administration associated with each contractual procurement route
  • Achieve the desired behavior from contractors via the procurement route
  • Assess and price the risk of your contract choice
  • Presenter

    image

    Sorina Du Toit MRICS

    Additional information

    Next start date: On demand

    Presenter: Sorina Du Toit MRICS

    Category: Construction

    Member price: $35.00

    Price: $65.00

    Course Type: Product / Web Classes

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