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Contract Management, Claims & Risk with AI: Practical Guide

Name: Contract Management, Claims & Risk with AI: Practical Guide
Rating: 4.4 (55 reviews)

Construction contract strategy, claims & risk under FIDIC Red Book - supports FIDIC FCCM and RICS APC preparation

Created byReem Ibrahim

Last updated 10/2026

English

English [Auto],

What you'll learn

Comprehensive Understanding of Contractual Frameworks: By the end of the course, participants will have a thorough understanding of different types of contracts
Effective Contract Negotiation Skills: Participants will develop the skills necessary to negotiate contracts effectively. This includes negotiations strategies
Proficient in Contract Administration and Management: Learners will be equipped to manage contracts throughout their lifecycle, from inception to completion.
Enhanced Risk Management and Mitigation: The course will enable participants to identify, assess, and mitigate risks associated with contracts.
You will learn how to Read the Contract and Understand the Complex Contractual Language
Enhance your Negotiation Skills, Time Management Skills and Leadership skills.
Expand your knowledge on different Project Management Aspects.
FIDIC Red Book, Contract Administration, Construction Claims
FIDIC Red Book
Contract Administration
FIDIC Conditions of Contract
Claims Management
Construction Law
Contract Risk Management
EPC Contracts
Design-Build Contracts
Build the contract knowledge assessed in FIDIC (FCCM) and RICS APC certifications.

Course content

6 sections • 21 lectures • 2h 14m total length

Introduction and Course Content3:47
In this course, you’re not just learning about contracts—you’re mastering them. This isn’t theory; it’s about real-world applications that give you the tools to control every step of your professional and personal agreements. Whether you’re an experienced professional sharpening your skills or someone brand new to the game, this journey is your golden ticket to mastering contracts from start to finish

Main Aspects for a Valid Contract5:26
Identify the key elements of contract formation in construction, including offer, acceptance, consideration, authority, and capacity, and explain the consequences of fulfilling or breaching obligations.
Contract Documents11:00
Explore contract documents, from contract agreements and general to special conditions, and read technical specifications, bills of quantities, and drawings to ensure clear scope, obligations, and risk management.
Contract Enforceability. Activating the Contract.3:11
Identify essential obligations that activate contract performance, including performance bonds, insurance, site access, advance payments, safety and quality plans, permits, surveys, and the execution time schedule.
Contract Types and Applications8:31
You should understand the types of contracts and the responsibilities and risks that come with each type to be able to choose and award the right contract
Contract Awarding Methods3:10
Explore contract awarding methods, including competitive bidding, direct awards, and framework agreements, and learn how each approach balances risks, responsibilities, and efficiency for projects.

Contracts Specialists different Roles7:57
In this Lecture, you will learn about the different types of Contract specialists and the differences between them.
Contract Specialists role during Contract Formation7:53
The contract administrator guides the contract formation phase by reviewing tender documents, logging modifications, negotiating terms, and ensuring compliance with legal, regulatory, and company objectives, including risk assessment and penalties.
Contract Specialists role during Project Life Cycle (General Aspects)2:55
Explore the contract administrator’s full life-cycle role, emphasizing compliance, flexibility, and commitment while mastering tasks like contract understanding, risk management, deliverables, reviews, claims, changes, subcontractors, and stakeholder communication.
Contract Specialists role during Project Commence (Initiation Phase)7:02
Regularly Ensure Contractual Compliance is your main focus and details to do so, are included in the Video. Thank you for watching!!!
Contract Specialists role during Project Execution (General Compliance)8:26
discover how a contract specialist guides project execution by managing changes, claims, risk, and compliance while coordinating deliverables, reports, and stakeholder communication to keep projects on track.
Contract Specialists role in Changes and Claims Management11:47
Manage changes and claims through thorough documentation. Collaborate with planning, cost control, procurement, and technical teams to assess time and cost impacts and support negotiations.
Procurement and Contracting13:29
Explain the contract administrator’s role in the procurement management cycle and clarify contracting, subcontracting, and procurement. Learn procurement strategies, tendering options like competitive bidding, direct selection, and negotiated contracts.
Contracts Specialist and Procurement Cycle6:48
Drive the procurement and contract management cycle, from tender preparation and bid evaluation in the pre-contract phase to contract execution, compliance, and variation management in post-contract.
Contract Specialist role in Risk Management12:56
Identify and analyze construction risks with tools such as risk breakdown structure, checklists, and brainstorming; implement responses, monitor risks, and involve project manager and contract administrator in lessons learned.

Requirements

If you are reading this statement now, so you are ready to start, and no further requirement is needed.

Description

This comprehensive course on Theory and Applications of Contracts Management is designed to equip professionals with the essential knowledge and skills required to navigate the complexities of contracts in various industries. Whether you are a project manager, procurement specialist, legal advisor, or business owner, this course will provide you with the tools to effectively manage contractual relationships, mitigate risks, and ensure successful project outcomes.

Course Objectives:

Understand Contractual Frameworks: Gain a deep understanding of different types of contracts, key terms, and the legal principles that govern them.
Develop Negotiation Skills: Learn strategies and techniques for negotiating contracts that align with organizational goals and protect interests.
Master Contract Administration: Acquire the skills to manage contracts throughout their lifecycle, from drafting and execution to performance monitoring and closeout.
Enhance Risk Management: Identify and mitigate risks associated with contracts to minimize potential negative impacts on projects and business operations.

Who Should Enroll, any person interested in the topic and:

Project Managers overseeing projects across various sectors, including construction, IT, and manufacturing.
Procurement Professionals responsible for purchasing and supply chain management.
Contract Managers and Administrators involved in drafting, negotiating, and managing contracts.
Legal Professionals such as lawyers and legal advisors seeking practical contract management skills.
Business Owners and Entrepreneurs who need to manage contracts with clients, partners, and suppliers.
Construction Managers and Engineers dealing with complex contractual arrangements.
Government and Public Sector Employees handling contracts for public projects and services.
Financial and Risk Management Professionals interested in understanding contractual implications and risk mitigation.

Course Outline:

Definitions and importance

Types of contracts

Key contractual terms and concepts

Contract Administration Roles during different Project Lifecycle

Procurement Management in Contracts

Risk Management in Contracts

Closing the Project.

Learning Outcomes:

By the end of this course, participants will be able to:

1. Administer FIDIC Red Book contracts from award to final completion
2. Draft and respond to construction claims with confidence
3. Identify and mitigate contractual risks before they become disputes
4. Negotiate contract terms that protect your organization
5. Read and interpret complex FIDIC conditions of contract
6. Manage EPC and Design-Build contracts effectively

Join us, with more than 2000 happy students!! into our dynamic and practical course to enhance your contracts management skills and advance your career and daily transactions, in today's competitive and legally complex business environment.

Preparing for a certification? This course supports your preparation for contract management credentials such as the FIDIC Certified Contract Manager (FCCM) and the RICS APC, covering topics commonly assessed in them. It is not affiliated with or endorsed by FIDIC or RICS.

Who this course is for:

Serve a variety of professionals who are involved in or responsible for managing contracts in their respective fields. Here are some specific groups that would benefit from this course: Project Managers: Individuals responsible for overseeing projects in industries such as construction, IT, and manufacturing who need to manage contracts with clients, vendors, and subcontractors. Procurement Professionals: Those working in purchasing and supply chain management who negotiate and manage contracts with suppliers and service providers. Contract Managers and Administrators: Professionals specifically tasked with the drafting, negotiation, execution, and management of contracts within organizations. Legal Professionals: Lawyers and legal advisors who need to understand the practical applications of contract law and how to manage contractual relationships effectively. Business Owners and Entrepreneurs: Small business owners and startup founders who need to create and manage contracts with partners, clients, and suppliers. Construction Managers and Engineers: Professionals in the construction industry who deal with complex contractual arrangements for projects and need to ensure compliance and performance. Government and Public Sector Employees: Individuals working in public procurement and contract management roles who handle contracts for public projects and services. Financial and Risk Management Professionals: Those in finance and risk management roles who need to understand the financial implications and risks associated with contractual agreements. By serving these diverse groups, the course aims to equip professionals with the necessary skills and knowledge to effectively manage contracts in various contexts, ensuring successful and compliant outcomes.
Whether you're a beginner or a professional, this course is your perfect opportunity to grow and succeed!
Project Management, Civil Engineering
Legal Advisors in Construction
Construction Professionals
Engineers

Contract Management, Claims & Risk with AI: Practical Guide

What you'll learn

Explore related topics

Course content

Introduction & Content1 lecture • 4min

Contract Formation5 lectures • 31min

Contract Specialist Roles and Responsibilities9 lectures • 1hr 19min

Closing of the Contract1 lecture • 8min

Bonus: AI for Contract Analysis & Risk1 lecture • 7min

Summary & Conclusion4 lectures • 5min

Requirements

Description

Who this course is for: