In an increasingly globalized business environment, efficient management of EPC (Engineering, Procurement, and Construction) contracts is critical for the success of complex projects. This course provides the foundations to understand the contract ecosystem in projects, emphasizing its essential role. You will become familiar with various legislations and legal terms to navigate through contractual agreements with ease. Learn to draft effective claims and handle scenarios that may lead to contract extensions and disruptions, following the protocols of the Construction Law Society. Additionally, explore the relevance of blockchain in current and future contractual realities, a fundamental tool in the digital era. This knowledge is essential for those seeking to optimize the execution and contractual management of their projects.
EPC Contract Management
This "EPC Contract Management" course is designed for professionals in construction, engineering, and project management interested in understanding the contractual framework of EPC (Engineering, Procurement, Construction). It covers the vital role of contracts, interpretation of legal terms and various legislations, effective formulation of claims under the protocol of the Construction Law Society, and analyzes causes of contract extensions and disruptions. Additionally, it explores the relevance of blockchain in modern contract management.
40 hours
Project Management
Course objectives
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Become aware of the role that contracts play in the project ecosystem.
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Become familiar with different legislations and legal terms to understand contractual agreements.
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Learn what factors are involved in the drafting of claims to enable their success in relation to the Construction Law Society protocol
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Understand the different casuistries that can lead to claims for extension and disruption
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Understand the importance of blockchain as part of current and future contractual realities
What does it prepare you for?
The "EPC Contract Management" course prepares you to navigate the complexity of contracts in projects, emphasizing its key role in the management ecosystem. You will gain an understanding of legal terms, legislative frameworks, and how to draft effective claims following protocols of the Construction Law Society. You will also explore causes of claims for extensions and alterations and the relevance of blockchain in the current and future contractual reality.
Teaching units
UNIT 1. CONTRACTING FUNDAMENTALS
What is a contract?
Contract management terminology
The concept of contract management
International arbitration
International standard construction contracts
UNIT 2. THE LAW AND ITS INTERPRETATION
What is law?
Evidence
Grounds for invalidity of a contract
Termination of a contract in english law
Professional liability
UNIT 3. SOCIETY OF CONSTRUCTION LAW (I)
Society of construction law
Guidance part a: concepts of delay, disruption, and acceleration
Guidance part b: guidance on key principles (I)
Guidance part b: guidance on key principles (II)
Guidance part b: guidance on key principles (III)
Guidance part b: guidance on key principles (IV)
UNIT 4. SOCIETY OF CONSTRUCTION LAW (II)
Introduction to smart contracts
Most common uses of smart contracts (I)
Most common uses of smart contracts (II)
The great paradox of smart contracts