Description
With the top main cause of dispute being “Parties failing to understand and/or comply with its contractual obligations” (2021 Global Construction Disputes Report. Arcadis) it should be of interest to anyone involved in projects to fully understand the responsibilities, liabilities, and entitlements they have agreed to.
Delay, Extension of Time and Liquidated Damages specifically addresses the management of delays and their effects on projects in the context of responsibilities, liabilities, and entitlements so that if and when the time comes, you and your teams are much better informed to evaluate and assess their respective positions before deciding on what action to take.
Sessions include
- Based on English law principles
- Interactive quizzes and unit tests to measure learning progress
- Relevant case study-based inquiry
- Pragmatic tools and templates
- Specifically written for an engineering construction project context
Learning aims
Managing Delay – The Challenge For Employers And Contractors
Why it is important for both parties to understand that time management affects both of them and they each have a role to play in managing delays.
The Contract
What are the key components needed to deal with time properly?
Basic Requirements
What is needed to deal properly with delay, Extension of Time (EOT) and Financial
Compensation?
Identifying, Recording and Tracking Delay Events and their Impacts
What information is required to make this possible?
Key Considerations for Delay Analysis
What is needed as a minimum to undertake an effective delay analysis?
Delivery Availability and Duration
Virtual / In-house / Public
6 hrs In-house
2 x 3 hrs Virtual
Who is this for?
The Delay, Extension of Time and Liquidated Damages course is ideally suited for Project Managers, Commercial Managers and Contract Managers who want to develop a greater understanding of the management of delays on projects in engineering and construction projects.
On completion
A Kingsfield Academy certificate will be issued on successful completion of this course.
.png)