Effective commercial management of construction projects is vital in order for companies to obtain and to carry out work at a profit to ensure their survival.
This course takes delegates through the principles of commercial management, the procurement stage, and on to an overview of contracts, financial reporting and dispute resolution during the construction stage.
Aims & Objectives:
To enable delegates to:
- Understand the main principles of commercial management and why it is critical to the successful outcome of a project
- Appreciate how to deal with risk and its relevance in procuring and managing projects
- Understand the importance of effective reporting systems throughout the project cycle
On completion of this course, delegates will be aware of all skills necessary to handle the successful commercial development of projects to the obvious benefit of the organisation employing them.
Course Outline:
Session 1
Principles of Commercial Management
Session 2
Estimating and Tendering
Session 3
Risk Management and Insurance
Session 4
Construction Contracts and Subcontracts
Session 5
Cost Control and Reporting
Session 6
Dispute Resolution
Session 7
Case Study Examples
This course consists of lectures supported by interactive case studies.
Intended For:
Practitioners at a beginner or intermediate level who are, or will be, involved with the commercial management of construction projects.
