Global Construction Contract Selection
1.5 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.
|23 August 2018 - 12:00pm|
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.
- 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.
This class will be delivered using PowerPoint slides with discussions and activities integrated throughout to support your learning. The class will end with an open Q&A session with your trainer.
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Sorina Du Toit MRICS