
Ben will introduce you to the course and tell you all about what you will learn and the content to be covered.
Find more out about Ben, his experience with NEC and how he is qualified to explain NEC and provide training.
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Ben will take you through the course structure which will cover:
Section 1: Explanations
Lecture 1: Early Warnings (EWN)
Lecture 2: Compensation Events (CE’s)
Lecture 3: Why are they important?
Section 2: Deep Dive Early Warnings
Lecture 1: Notifying an EWN
Lecture 2: Holding an EW Meeting
Lecture 3: Recording Actions
Lecture 4: Duty Holders
Section 3: Deep Dive CE’s
Lecture 1: Notifying a CE & Response
Lecture 2: Preparing Quotations
Lecture 3: Assessing CE Quotations
Lecture 4: Project Manager Assessments
Lecture 5: Proposed Instructions
Lecture 6: Implementation
Real life examples from Ben will also be explained throughout.
Find out what early warnings are why they feature in the NEC contract.
Find out what compensation events are and why they feature in the NEC contract.
Ben answers the question of why early warnings and compensation events are important including:
Change control
Compensating the contractor
Managing risk
Being proactive
Working together
How do you notify an early warning including an introduction to clause 15 within NEC4.
Who notifies?
When to notify
How to notify
What information to include on the notification
What do you do with this information?
Ben explains how to hold an early warning meeting and what you need to do during the discussion:
Who organises the meeting
Who attends
What to discuss
Learn how to record actions and document discussions at early warning meetings. This is critical in good administration of a contract and will explain what should be recorded and distributed.
Learn about the duty holders (Project Manager, Contractor, Client, Supervisor) in the contract and what they are responsible for when managing early warnings.
Learn how to notify a compensation event, going through all of the clauses.
Learn how to notify a compensation event, going through all of the clauses:
61 - Notifying compensation events
61.1 PM Instruction
61.2 Instruction to submit quotes
61.3 Contractor notification
61.4 Project manager reply
61.5 Failure to give early warning
61.6 Uncertainty
61.7 Notification after the Defects Certificate
A summary of how to notify and respond to compensation events.
How to prepare quotation using all of the clauses in the contract:
62 Quotations for compensation events
62.1 How to deal with a compensation event
62.2 Changes to prices and dates
62.3 Timescale for submission
62.4 Revised quotations
62.5 Extending timescales
62.6 Failure to reply
How to prepare quotation using all of the clauses in the contract:
62 Quotations for compensation events
62.1 How to deal with a compensation event
62.2 Changes to prices and dates
62.3 Timescale for submission
62.4 Revised quotations
62.5 Extending timescales
62.6 Failure to reply
A summary of the process for preparing quotations.
An introduction to this section about assessing compensation event quotation.
How to assess quotations following all of the contract clauses:
63 Assessing compensation events
63.1 Effect upon cost
63.2 Agreeing rates
63.3 Reducing prices
63.4 Reducing prices if
How to assess quotations following all of the contract clauses:
63 Assessing compensation events
63.5 Assessing time delay
63.6 Rights of the parties
63.7 Failure to give early warning
63.8 Risk allowances
63.9 Reacting competently and promptly
63.10 Ambiguity or inconsistently
63.11 Conditions for Key Dates
A short video taking you through the cost assessment of a compensation event.
A short video taking you through the programme assessment of a compensation event.
How to undertake a project managers assessment:
64 The Project manager's assessments
64.1 When to assess a compensation event
64.2 Assessing the programme
64.3 Assessment details and notification timescales
64.4 Failure to assess
How to undertake a project managers assessment:
64 The Project manager's assessments
64.3 Assessment details and notification timescales
64.4 Failure to assess
Learn about proposed instruction, exactly what are they, in accordance with the clauses:
65 Proposed instructions
65.1 Instruction
65.2 Timescale for quotations
65.3 Not accepting quotations
Learn about proposed instruction, exactly what are they, in accordance with the clauses:
65.3 Not accepting quotations
How to implement compensation event whether its because of a quotation assessment or because the project manager has made their own assessment:
66 Implementing compensation events
66.1 When to implement
66.2 Changing prices and dates
66.3 Revising an implemented compensation event
Welcome to the complete guide for managing early warnings and compensation events.
A full end-to-end process with downloadable resource you can use in your contracts, no need to create them yourself.
If you are involved in infrastructure and civil engineering projects you will use NEC contracts during your career. No only are NEC worldwide but they are modern and easy to understand contract with one challenging problem...how do you get your head around how it all works?
This course teaches you all components of the early warning and compensation event processes at the heart of the contract, change control. From the first activity of notifying an early warning to implementing a compensation event and all steps in-between.
I built this course from over a decade of practical NEC experience, where I have delivered over £500 million of projects. I have seen all situations and have experienced the difficulties of learning "on-the-job", which is why this course will train you to be the best contract manager you can be so you can always be at the top of your game.
This course uses practical explanations to work through how the contract is structure including:
Explanation of all clauses for early warnings & compensation events
Process flow to show who does what
Explain the roles of each party in the contract
Graphical explanation of how assessments are made
The risks and issues of not following the process
Don't forget the downloadable resources!
Enjoy the course!
Ben