- Thursday, May 6, 2021
8:20 am - 4:30 pm
Duration: 1 day
Start Time: Registration from 8.15AM*. Commence 8.30AM*. Finish 4.30PM*.
*Time Zone: Australian Eastern Standard Time (Brisbane)
This course applies to those persons involved in the management of the various phases of construction contracts. It is aimed at reinforcing and further advancing the knowledge-base required for good contract management practices (including the tender phase).
Introduction
- Background
- Aim of the Course
Procurement and Managing Contract Risk
- Strategic Procurement
- Procurement – The Big Picture
- Best Practice and Continuous Improvement
Contract Formation
- What is a Contract?
- Elements of a Legally Binding Contract
- Essential Elements
- Formalising the Contractual Arrangement
- Letters of Intent & Relevant Case Law
Tendering & Ethical Behaviour
- Outsourcing
- Contracting Process
- Documenting the Contract
- Tendering Process & Relevant Case Law
- Codes of Practice and Probity
- Ethical Behaviour
Win-Win Contract Management
- Terminology
- Desirable Attitudes
- Conflict Resolution
- Communication
- As a Form of Risk Management
Risk Management in Contract Management Process
- Risk Management Approach
- Need for a Strategic Approach
- Templates & Checklists
- Risk Allocation in Contracts
- Hedging as a Risk Management Strategy
Contract Audits
- Background
- Contract Audits
- Works & Construction Contracts
- Services & Period Contracts
- Audit Process
Summary