Certificate in Construction Contract Fundamentals
-- ViewingNowThe Certificate in Construction Contract Fundamentals is a comprehensive course designed to empower learners with critical skills in construction contract management. This program's significance lies in its ability to bridge the gap between theoretical knowledge and practical application in the construction industry.
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⢠Introduction to Construction Contracts: Understanding the basics of construction contracts, including types and key components.
⢠Legal Framework of Construction Contracts: Examining the legal context of construction contracts, including common law and statutory regulations.
⢠Contract Formation and Key Clauses: Learning about the process of contract formation, including offer and acceptance, and exploring key contract clauses such as force majeure and dispute resolution.
⢠Contract Administration: Understanding the role of the contract administrator, including managing changes, claims, and payments.
⢠Risk Management in Construction Contracts: Identifying and managing risks in construction contracts, including contractual risk allocation and risk mitigation strategies.
⢠Construction Contract Payment Structures: Examining different payment structures in construction contracts, including progress payments, milestone payments, and unit pricing.
⢠Dispute Resolution in Construction Contracts: Exploring different methods of dispute resolution, including negotiation, mediation, arbitration, and litigation.
⢠Ethics in Construction Contracting: Understanding the ethical considerations in construction contracting, including fair dealing, honesty, and transparency.
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