Target Audience
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Business Owners, Directors, Project Managers, Accountants, Lawyers, Architects who want a better understanding of Project Managing using the FIDIC suite of Books.
Programme Standards

- Maximum 8 attendees
- 30 days of one to one support
- E-Booklet
- Programme director/s with at least a Masters Degree in the subject and ten years or more working experience
- Convenient morning timings or in-house at any time for a minimum of two bookings
- Can be configured to address a number of professions and industry sectors
- Via Skype Interactive Environment 
​- Available in-house for a minimum of two bookings at no extra cost

Price

EUR495 ex VAT per participant.
Service Warranty
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FIDIC Contracting - Project Contracting Masterclass​

This 12-module masterclass on Project Contracting is focused on the use of FIDIC contracts to regulate the relationship between project owner, designers, contractors, service providers and the project manager.

Topics Covered

Introduction to FIDIC Contracts
This module offers a comprehensive overview of FIDIC (Fédération Internationale des Ingénieurs-Conseils) contracts, widely used in international construction and engineering projects. Participants will learn about the history and development of FIDIC, its importance in global contracting, and the structure of FIDIC contract forms. The module will cover the main types of FIDIC contracts, including the Red, Yellow, and Silver Books, and their specific applications. Additionally, the module will introduce key concepts such as risk allocation, responsibilities of parties, and the general principles governing FIDIC contracts. By the end of this module, participants will have a solid foundation in FIDIC contracts and an understanding of their relevance in the construction and civil engineering  industry.

The FIDIC Red Book: Conditions of Contract for Construction
Focused on the Red Book, this module delves into the Conditions of Contract for Construction. It is designed for projects where the employer provides the design. Participants will explore the roles and responsibilities of the employer, the contractor, and the engineer. Key topics include the obligations of the contractor, quality control, variations, and the management of claims and disputes. Through case studies and practical examples, attendees will gain insight into the implementation and management of Red Book contracts, ensuring compliance with contract terms and effective project delivery.

The FIDIC Yellow Book: Conditions of Contract for Plant and Design-Build
This module covers the Yellow Book, which addresses the Conditions of Contract for Plant and Design-Build. Ideal for projects where the contractor is responsible for both design and construction, the Yellow Book emphasizes performance and output specifications. Participants will learn about the contractor's obligations regarding design, testing, and commissioning. The module also covers risk management, including design liability and performance guarantees. Practical examples and case studies will illustrate common challenges and best practices in managing Yellow Book contracts, equipping participants with the knowledge to effectively oversee design-build projects.

The FIDIC Silver Book: Conditions of Contract for EPC/Turnkey Projects
Focusing on the Silver Book, this module addresses EPC (Engineering, Procurement, and Construction) and turnkey projects. Participants will explore the distinctive features of the Silver Book, including the allocation of risk to the contractor and the contractor's responsibility for achieving specified project outcomes. Topics include contract pricing, performance security, and the handling of unforeseen circumstances. The module will also discuss the balance between the fixed-price nature of the Silver Book and the need for flexibility in project execution. By the end of this module, participants will understand the intricacies of managing EPC/turnkey projects under the Silver Book framework.

Understanding Contract Terms and Conditions
In this module, participants will delve into the specific terms and conditions commonly found in FIDIC contracts. The focus will be on interpreting and negotiating contract clauses, understanding legal implications, and ensuring compliance. Topics include the roles and obligations of parties, contract amendments, and the significance of various contract appendices. Practical exercises will help attendees develop skills in drafting and modifying contract terms to reflect project-specific requirements. This module aims to enhance participants' ability to navigate and manage contract documentation effectively.

Risk Management in FIDIC Contracts
This module explores the critical aspect of risk management within the context of FIDIC contracts. Participants will learn about the identification, assessment, and allocation of risks between contracting parties. The module covers various risk types, including financial, technical, and legal risks, and discusses strategies for mitigating and managing these risks. Case studies will provide practical insights into risk management practices, highlighting successful approaches and common pitfalls. By the end of this module, participants will be equipped with the tools to implement effective risk management strategies in their projects.

Variations and Change Management
Focused on variations and change management, this module addresses the procedures and implications of contract modifications under FIDIC contracts. Participants will learn how to handle variations in scope, cost, and schedule while maintaining contractual compliance. Topics include the process for requesting and approving variations, the impact of changes on project timelines and budgets, and the resolution of disputes arising from variations. 

Claims and Dispute Resolution
This module delves into the management of claims and the resolution of disputes in FIDIC contracts. Participants will learn about the common causes of claims, such as delays, unforeseen conditions, and variations, and the procedures for submitting and evaluating claims. The module covers dispute resolution mechanisms, including negotiation, mediation, adjudication, and arbitration. Case studies will provide insights into the practical application of these mechanisms and highlight best practices for resolving disputes efficiently. By the end of this module, participants will be prepared to manage claims and navigate the dispute resolution process effectively.

Contract Administration and Management
In this module, participants will explore the key aspects of contract administration and management in FIDIC contracts. Topics include the roles and responsibilities of contract administrators, documentation and record-keeping, and the management of project deliverables. The module also covers performance monitoring, reporting, and the enforcement of contract terms and how   to oversee and manage contract execution effectively.

Performance Security and Guarantees
This module focuses on performance security and guarantees in FIDIC contracts. Participants will learn about the various forms of performance security, including performance bonds, guarantees, and retention money. Topics include the purpose and types of performance security, the process for obtaining and releasing security, and the implications of non-performance.  By the end of this module, participants will understand the role of performance security in FIDIC contracts and how to manage it effectively.

Financial Management in FIDIC Contracts
In this module, participants will explore the financial management aspects of FIDIC contracts. Topics include contract pricing and payment terms, cost control, and financial reporting. The module covers the procedures for managing payments, including interim payments, final payments, and retention releases. Participants will also learn about financial risk management and strategies for maintaining financial stability throughout the project lifecycle. 

Best Practices and Case Studies
The final module of the masterclass focuses on best practices and case studies in FIDIC contracting. Participants will review real-world examples of successful and challenging projects managed under FIDIC contracts. The module will highlight key lessons learned and best practices in contract management, risk mitigation, and dispute resolution. Through interactive discussions and analysis, attendees will gain insights into the practical application of FIDIC principles and the factors that contribute to project success. This module aims to consolidate the knowledge gained throughout the masterclass and prepare participants to apply these insights in their own projects.