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Project Plans have Many Associated Risks that cause uncertainty in ultimate time and cost. Most of the Risks are known but the probability of occurrence varies with the actual project details and circumstances. Some party has to take these risks and allow contingencies for them in his budgets and plans. Who takes which risks and to what extent is defined in the drafted contract conditions.
Standard Contract Conditions for Particular Type of Works have been prepared by various professional organizations (like FIDIC) and large Organizations (like Worldbank) that assign the known usual risks between the parties based on criteria including: fairness, practical quantifiability, capacity to bear the risk and company contracting policy. Generally higher the risk assigned to the contractor higher the bids one receives.
Then there arise issues regarding enforceability of the Contract Conditions. Local Laws and Legal Interpretations may not allow certain risks to be transferred on the contractor, or may require special tests to determine whether the actual risk was enforceably transferred. Any drafted contract risk transfers must meet these legal tests.
This program aims to develop understanding, competencies, and skills in the above areas.
This program will help the drafter make decisions about the risks to be transferred to the other party based on Capacity of Parties to Bear the Risk and Motivation of the Owner to pay more through the bidding process for more risks taken by the contractor
This program is intended for Legal, Contract Drafting, Contract Administration and Project Technical Staff contributing to the Contract Drafting Process.
This program is also intended for Professionals involved in Approving, Managing and Auditing these contracts.
Euro Training is in the business of providing
This 1 Week Training Program participant will typically take away...
(Benefits made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, easy to understand and apply training methodology that relies on Industry Good and Best Benchmarked Practices)
Team Nominations : Team Nominations: It is recommended that your organization nominate at least two participants together for this program. This will help the participants create a Critical Mass for the Change and enable the participants to support each other during implementations of the program recommendations and the other methodologies learnt during the program.
Single Nominations will also be accepted for the program.
Single participant nominations will be useful where the objective is to:-
All Programs are in English. Arabic Language Support is also available. French and Spanish Translation Service is available by prior arrangement.
Certificate of attendance is awarded to all Participants attending this program.
Fields marked with * are mandatory
Optional Fields
Program Name | 6 Day Training | 1 Week Training | 2 Week Workshop | 3 Week Workshop | 4 Week Certification |
---|---|---|---|---|---|
Accounting Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Operational Audit Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Contract Administration, Claims Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Customer Loyalty & Delight Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Business Intelligence and Data Analytics Excellence Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Water Desalination Center | PDF View | PDF View | PDF View | PDF View | PDF View |
DCS District Cooling System Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Electric Power Generation Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Energy Conservation Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Engineering, Design & Value Engineering Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Environmental, Waste Water & Sustainability Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Financial & Insurance Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Training and HRD Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Patents, Copyrights & Other IP Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Maintenance & Turnaround Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Business Analysis and Operational Audit Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Management & Leadership Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Mergers, Acquisitions & Strategic Partnerships Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Performance Evaluation & BSC Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Petroleum Industry Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Petroleum Exploration Technology Unit | PDF View | PDF View | PDF View | PDF View | PDF View |
LNG and Natural Gas Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Pipeline Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Planning, Estimating & Cost Control Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Project Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Public Private Partnership (PPP) Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Public Relations & Communications Management Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Purchasing, eProcurement and Outsourcing Resource Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Renewable Energy Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Safety and Corporate Security Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Water & Waste-Water Treatment Center | PDF View | PDF View | PDF View | PDF View | PDF View |
Program Name |
---|
Accounting Management Center
|
Operational Audit Center
|
Contract Administration, Claims Management Center
|
Customer Loyalty & Delight Management Center
|
Business Intelligence and Data Analytics Excellence Center
|
Water Desalination Center
|
DCS District Cooling System Center
|
Electric Power Generation Center
|
Energy Conservation Center
|
Engineering, Design & Value Engineering Center
|
Environmental, Waste Water & Sustainability Center
|
Financial & Insurance Management Center
|
Training and HRD Center
|
Patents, Copyrights & Other IP Center
|
Maintenance & Turnaround Center
|
Business Analysis and Operational Audit Center
|
Management & Leadership Center
|
Mergers, Acquisitions & Strategic Partnerships Center
|
Performance Evaluation & BSC Center
|
Petroleum Industry Management Center
|
Petroleum Exploration Technology Unit
|
LNG and Natural Gas Center
|
Pipeline Center
|
Planning, Estimating & Cost Control Center
|
Project Management Center
|
Public Private Partnership (PPP) Center
|
Public Relations & Communications Management Center
|
Purchasing, eProcurement and Outsourcing Resource Center
|
Renewable Energy Center
|
Safety and Corporate Security Center
|
Water & Waste-Water Treatment Center
|