Construction Contract Management

Name: Construction Contract Management
Rating: 4.4 (154 reviews)

Master the commercial and contractual skills to enhance your career in Construction

Created byNaim Trabelsi, PMP, PMI-RMP

Last updated 6/2021

English

What you'll learn

Learn the contract life cycle from its formation till its execution
Proactive approach to manage your construction projects using the contract
Learn and improve your commercial and contractual skills and knowledge
Understand how to implement risk management in construction
Causes of poor performance of construction sector and how to mitigate them
The entire process of a construction project

Course content

5 sections • 35 lectures • 5h 21m total length

Introduction2:51
Develop your construction contract management skills by exploring the contract life cycle, feasibility, risk management, disputes, and practical execution and administration tips.
Construction industry's performance7:06
Construction industry is not treated as it should!!5:19
Recognize the construction industry’s true complexity by embracing its dynamic, multidisciplinary, and high-risk nature, and adopt a rigorous mindset to perform at your best.
Continuous struggle when it comes fixing the basics5:43
Master proper contract administration, clarify roles, align project schedules, and enforce obligations within a cooperative culture to manage liquidated damages, cash flow, due diligence, and claims and variation orders.
Lack of commercial and contractual knowledge among construction professionals4:31
Construction professionals often excel technically but lack commercial and contractual knowledge, fueling disputes from misunderstood obligations. The lecture explains causes and the need for targeted training.
Career development and skills enhancement7:19
Develop your career toward project management by cultivating the right attitude, construction knowledge, project controls, and commercial and contractual proficiency, including risk allocation, procurement, and dispute resolution.

Introduction1:28
Defines key terms and fundamentals of construction contracts, introduces the contractor and main parties, outlines the lifecycle from conception to operation, and covers pre-qualification, bidding, contract documentation, and interpretation.
Definition of contractor and construction contract6:12
Define contractor and construction contract, and explain how contract documents allocate rights, obligations, risk, and disputes among owner, contractor, and designer.
Main parties involved in a construction contract9:56
Construction project process: Conception till Operation6:01
Explore the three major phases of a construction project—from pre-construction contracts through post-construction—covering conception, inception, feasibility, front-end engineering development, and detailed engineering, procurement, and commissioning for large capital projects.
Main stages prior to contract award9:32
Define the prequalification workflow for large construction contracts: prequalification, invitation to tender, bid submission and evaluation, acceptance, and contract award, with emphasis on EOI, tender documents, and bond requirements.
Introduction to Contract Law7:55
Explore how contract law governs construction agreements by examining common, civil, and Islamic legal systems, essential elements, consent, misrepresentation, enforcement, and privity.
Contract documentation and interpretation11:06
Review contract documents, including the form of agreement, general and special conditions, and technical specifications. Learn to apply priority and interpretation to resolve conflicts and guide project execution.

Introduction2:12
Project constrains, project risks and contract way forward8:09
This lecture explains how project constraints and risks shape the contract approach, outlining risk management, delivery method choices, and contract types to protect client interests.
Choice of Project Delivery Method12:03
Choice of the type of construction contracts9:24
Explore how risk allocation shapes construction contracts in construction contract management. Compare lump sum, re-measured, turnkey, cost plus, and cost target forms, including design-build implications and price and quantity risks.
Choice of contract vehicle6:35
Contract clauses: Commercial11:51
Explore commercial terms in construction contracts, including contract price, advance payments, milestone payments, retention money, provisional sums, progress payments, and payment cycle, to manage cash flow and ensure project delivery.
Contract clauses: Time8:05
Explore how time governs a construction contract, from commencement and completion dates to suspension, liquidated damages, and extension of time, with emphasis on certificates and delays.
Contract clauses: Changes and Variations7:46
Bonds, Warranties and guarantees12:02
Review bonds, guarantees, and insurance in construction contracts, including tender bonds, parent company guarantees, performance and advance payment guarantees, plus retention, insurance of the works, and third-party liability.
Resolution of disputes10:29
Discover how contract termination safeguards parties from convenience, default, and force majeure, and how negotiation, DRB, mediation, arbitration, and litigation resolve disputes efficiently.

Introduction1:05
This module provides a proactive framework to manage construction contracts during the physical execution of the contract, helping prevent mistakes and disputes while boosting profitability and sustainability.
Bidding stage17:16
Read the contract as it should and conduct contract risk management. Identify liabilities, strengths, and weaknesses, perform a proper site visit, and prepare the tender qualification and basis of offer.
Contract award6:40
Finalize the contract by aligning tender clarifications, amendments, and qualifications with the final draft; confirm pricing accuracy, risk allocation, and dispute resolution mechanisms for a signed agreement.
Project team mobilization and contract awareness25:36
Mobilize effectively at pre-construction, securing performance bonds, retention and advance payment guarantees, insurance, and staff readiness; promote contract awareness and project team transition to prevent disputes.
General contractor's obligations9:02
Documentation and Document management system20:56
Learn how proper project documentation drives on-time completion, avoids liquidated damages, and strengthens contract administration. Explore document types, document management systems, revision control, and the document control center.
Subcontractors and suppliers contract management27:06
Variation orders and claims for compensation13:40
Explore the impact of variation orders on contractor performance and project cost, and learn to prepare compensation claims and a robust change-management procedure aligned with contract requirements and budgets.
Schedule and the importance of critical path6:30
Explore how the construction schedule, built with Gantt charts and the critical path method, links activities, defines relationships, and determines delays and claims for extension of time.
Project completion and contract closure4:34
Master project completion and contract closure by understanding the two completion stages, latent defects liability, and the final completion certificate that extinguishes contractor liabilities and starts the warranty period.
A message for you!!1:37
Master essential contract management skills to navigate construction projects and manage your project through the contract, beyond standard templates.

Requirements

You have a passion to the construction industry
You are trying to make the construction industry sustainable
You are looking to be a great manager in the construction industry

Description

Most of the construction professionals are aware about the poor performance of construction, yet we keep seeing projects fail and lose money. Despite all the innovations and all the project management methodologies that are being implemented, the industry is still far to be efficient. The true problem is that we are not mastering the basics due to the lack of trainings and mentorship.

The goal of this course, is to teach you the basics. The basics of commercial and contractual knowledge skills and knowledge that you were not exposed to, the basics that we thought they are not for engineers, the basics that should be mastered by anyone working in the construction sector.

My goal is to share all the experience, knowledge and skills that I’ve I have gained from real work experiences in different tenders, mega projects; and international clients in different countries and present them to you as lessons to learn from.

The course is structured into 5 chapters, These chapters will describe the story of a Contract from its formation by the client till its execution by Contractors. This course will be your guide in any construction project and the way to improve your career path.

In the first two chapters, we will start talking about the basics in the construction. The skills and attitude of a project manager, and what you are missing to enhance your career. We will talk about how to read and understand international forms of agreement, the structure of any bidding documents and many more.

In chapter three, we will see how the contract is formed and developed by the Client. We will come across the important terms and conditions used in most of the agreements. I will introduce the risk management process and how risks are playing a major role in the preparation of any contract. We will talk about the choice of the right contract form, bonds and guarantees that the client can use to guarantee the success of his investment.

In chapter four, we will come across the typical disputes that occur in the industry, the common contractual pitfalls. We will see the root causes of these problems and how we can avoid them.

In the last chapter, we will see how the contractor can win and complete a successful project, starting from the estimation and bidding stage, passing through the award and negotiation of the contract, till its execution and administration.

We will talk about many topics, with real case studies.

Who this course is for:

Professionals working in the construction sector
Construction management practitioners
Engineering students
Project Managers
Contractors

Construction Contract Management

What you'll learn

Explore related topics

Course content

The importance of Contractual and commercial knowledge6 lectures • 33min

Getting the basics right!!7 lectures • 52min

Project feasibility and contract formation10 lectures • 1hr 29min

Disputes in the Construction industry1 lecture • 14min

Contract execution and administration11 lectures • 2hr 14min

Requirements

Description

Who this course is for: