In an increasingly globalised business environment, the efficient management of EPC (Engineering, Procurement and Construction) contracts is critical to the success of complex projects. This course provides the foundations for understanding the contract ecosystem within projects, emphasising its essential role. You will become familiar with various pieces of legislation and legal terms to navigate contractual agreements with ease. Learn to draft effective claims and handle situations that may lead to contract extensions and disruptions, in accordance with the protocols of the Construction Law Society. Additionally, explore the relevance of blockchain in current and future contractual contexts, a fundamental tool in the digital age. This knowledge is essential for those seeking to optimise the execution and contractual management of their projects.
EPC Contract Management
Project Management
40 hours
Introduction
Objectives
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Understand the role that contracts play in the project ecosystem.
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Familiarise yourself with different laws and legal terms in order to understand contractual agreements.
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Find out what factors are involved in drafting claims to ensure their success in accordance with the Construction Law Society’s protocol
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Understand the various scenarios 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
Table of Contents
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 the invalidity of a contract
Termination of a contract under English law
Professional liability
UNIT 3. 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. CONSTRUCTION LAW (II)
Introduction to smart contracts
The most common uses of smart contracts (I)
The most common uses of smart contracts (II)
The great paradox of smart contracts