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FIDIC Contracts
Course Overview
In the realm of complex engineering projects, contracts play a vital role in ensuring project success and effective risk management. The FIDIC Contracts Course is designed to introduce participants to the core aspects of international FIDIC contracts, from contract preparation to claims management and dispute resolution. This course will help participants develop advanced contract management skills, making contracts a strategic tool for project success.
Description
This specialized course aims to provide a comprehensive understanding of FIDIC contracts, including their various types such as construction contracts, electromechanical works, turnkey contracts, and consultancy services. Participants will learn how to prepare appropriate contracts for projects, manage and allocate risks among parties, handle change orders and claims, and understand arbitration and dispute resolution boards. Additionally, the course includes practical examples and real-life contract models from industries like oil and construction.
Requirements
- No specific prerequisites required.
Skills You'll Acquire
- Comprehensive understanding of engineering contracts and their role in projects
- Professional contract management according to global best practices (FIDIC)
- Ability to analyze and interpret FIDIC contract clauses and documents
- Selecting the most suitable FIDIC contract type for each project
- Drafting contracts and setting general/specific conditions and appendices
- Risk allocation and responsibility distribution among all parties
- Managing payments, claims, and handling change orders effectively
- Dispute resolution and arbitration in engineering contracts
- Experience with real case studies and contract models in oil & construction projects
- Enhanced negotiation and communication skills in project environments
- Building a strong knowledge base in contract management and supporting professional decision-making
- Applying a scientific methodology in contracts and tenders management