FIDIC Contracts Management Mastery

Overview:

Introduction:

This training program offers participants an in-depth understanding of the FIDIC suite of contracts, widely used in the international construction industry. It empowers them to handle the complexities of FIDIC contracts in various project environments.

Program Objectives:

At the end of this program, participants will be able to:

• Understand the principles and structure of FIDIC contracts.

• Develop skills for effective management of FIDIC contracts.

• Ensure compliance with FIDIC contract provisions.

• Mitigate risks associated with FIDIC contracts.

• Resolve disputes under FIDIC contracts efficiently.

Targeted Audience:

• Contract Managers.

• Project Managers.

• Legal Professionals.

• Engineers and Architects.

• Procurement Specialists.

• Construction Professionals involved in contract management.

Program Outline:

Unit 1:

Introduction to FIDIC Contracts:

• Overview of FIDIC and its suite of contracts.

• History and evolution of FIDIC contracts.

• Key features and structure of FIDIC contracts.

• Roles and responsibilities under FIDIC contracts.

• Case studies illustrating the use of FIDIC contracts.

Unit 2:

Understanding the FIDIC Contract Provisions:

• Detailed analysis of the FIDIC Red, Yellow, and Silver Books.

• Contractual obligations of the parties involved.

• Variations and adjustments in FIDIC contracts.

• Time extensions and delay claims under FIDIC.

• Case studies on interpreting FIDIC contract provisions.

Unit 3:

Managing FIDIC Contracts Effectively:

• Best practices for administering FIDIC contracts.

• Monitoring and tracking project performance.

• Managing changes and variations in FIDIC contracts.

• Documentation and record-keeping requirements.

• Case studies on effective FIDIC contract management.

Unit 4:

Risk Management in FIDIC Contracts:

• Identifying and assessing risks in FIDIC contracts.

• Risk allocation and mitigation strategies.

• Handling unforeseen events and force majeure under FIDIC.

• Developing a risk management plan for FIDIC projects.

• Case studies on managing risks in FIDIC contracts.

Unit 5:

Dispute Resolution in FIDIC Contracts:

• Overview of dispute resolution mechanisms in FIDIC contracts.

• Role of the Dispute Adjudication Board (DAB).

• Arbitration and litigation under FIDIC.

• Techniques for effective dispute resolution.

• Case studies on resolving disputes in FIDIC contracts.