Foundations in Commercial Awareness

Foundations in Commercial Awareness is an ECITB approved introductory course to build commercial and contractual awareness throughout your engineering and construction project teams.

Project teams need to be more than just good at solving technical and engineering problems. They need a commercial mindset where everybody has an understanding of the impact of their roles and how their decisions can affect the profit and loss on your project margins.

The Foundations in Commercial Awareness course develops key knowledge and understanding of the commercial context of an engineering construction project covering topics such as the project environment, contracting, the role of project controls, and change management.

Sessions include

• What is an Engineering Construction Project?
• Project Scope and Establishing Baselines
• Contracting
• The Role of Project Controls
• Managing Change
• Working Internationally
• Being Commercially Aware - Putting it into Practice 

Learning aims

• Understand the project environment and project stakeholders
• Establishing project scope, baselines and performance measures
• Understanding contracting and effective contract management
• Recognise the role of Project Controls
• Recognise the impact of change in projects and the importance of effective change management
• Understand the commercial factors in international projects

Delivery Availability and Duration

Virtual / In-house / Public
6 hrs In-house
2 x 3 hrs Virtual
3 - 4 hrs Elearning

Who is this for?

The Foundations in Commercial Awareness is ideally suited for Project team members, technical or design role Graduates and Early Careers Professional who want to develop a greater understanding of how their role can impact the profit and loss on project margins in engineering and construction projects.

On completion

An ECITB certificate will be issued for the successful completion of this course.

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