Sh 8,950,000
Course Overview
In today global construction and infrastructure environment, effective contract management is critical to the successful delivery of projects. The increasing use of FIDIC (International Federation of Consulting Engineers) contracts by governments, multilateral development banks, and private sector organizations has made it essential for professionals to develop a deep understanding of these standard forms of contract.
FIDIC contracts—including the Red Book (Construction) and Yellow Book (Design-Build)—are widely adopted by institutions such as the World Bank, IMF, and African Development Bank. These contracts provide a structured framework for risk allocation, roles and responsibilities, dispute resolution, and project execution.
The FIDIC Contract Management Masterclass is designed to provide participants with advanced, practical knowledge and skills required to effectively interpret, administer, and manage FIDIC contracts in real-world projects.
DETAILED LEARNING OBJECTIVES
By the end of the masterclass, participants will be able to:
Understand the Structure and Principles of FIDIC Contracts: Participants will gain a comprehensive understanding of FIDIC contract documents, including General Conditions, Particular Conditions, and Forms, and how they are applied in international projects.
Interpret Roles and Responsibilities of Key Parties: Participants will learn the roles of the Employer, Engineer, and Contractor, including their obligations, authority, and interactions throughout the project lifecycle.
Analyze Risk Allocation and Contract Selection: This objective focuses on how risks are distributed among parties and how to select the most appropriate FIDIC contract (Red Book, Yellow Book, etc.) based on project type.
Manage Time, Delays, and Extensions Effectively: Participants will understand how to handle project timelines, delays, suspension, and Extension of Time (EOT) claims in accordance with FIDIC provisions.
Administer Variations, Payments, and Financial Provisions: Participants will learn how to manage variations, evaluate work, process payments, and handle financial adjustments within the contract framework.
Handle Claims and Dispute Resolution Mechanisms: This includes understanding claims procedures, documentation, dispute adjudication boards (DAB), amicable settlement, and arbitration processes.
Apply Contract Management in Real Project Scenarios: Through case studies and practical exercises, participants will develop the ability to apply FIDIC clauses in real-life project situations.
Strengthen Contract Negotiation and Communication Skills: Participants will enhance their ability to negotiate contract terms, manage stakeholders, and communicate effectively to prevent disputes.
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