Project Management: Contract Management Seminar
Part of Grantlun's Construction Project Management Series
One in a series of intensive one-day seminars on Construction Project Management, this seminar focuses on the principles and best practices of construction contract management.
Construction contract management is a key component of project management. Yet unless you’ve taken business management classes or earned an MBA, you’ve probably had no formal training about how to properly administer a contract, much less a construction contract.
Contract Management provides construction executives and project management team members alike with an understanding of the concepts, process steps and best practices needed to properly manage contracts.
Get paid for Extra Work and Changes
For civil works construction companies, contract management provides the biggest opportunity for increasing revenue and profits.
Construction contract management is all about managing change. Construction contracts anticipate change. They have to because construction plans and specifications cannot perfectly represent the reality of actual field conditions. Differences between as-bid and as-built project constraints always arise.
But if you don’t recognize them, don’t notify the project’s owner of them, and don’t properly document the cost of them, their cost and consequential damage to your operations will come out of your pocket – instead of contributing greatly to your bottom line.
Created specifically for construction companies in the civil works industry, particularly those in the highway, bridge, pipeline, underground utility, and site work segments, Construction Contract Management delivers the best practices developed and documented by Grantlun’s founder while working in the civil works construction industry for the past 35 years.
Used by the largest and most successful civil works construction companies, the best practices taught in Construction Contract Management will give you the practical knowledge, proven tools and competitive edge you need to grow in our recovering economy.
What You'll Receive:
Process Maps are provided that clearly illustrate best practices.
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- A Seminar Notebook containing the slides used in the presentation and space for your notes.
- The Contract Administration STANDARD Toolset, which includes process maps to spell out the intricate details for handling extra and changed work.
- Understanding of contract management principles that enable you to administer contracts, subcontracts, procurement and value engineering.
- Understanding of industry best practices to minimize liability and increase your ability to collect fully for extra and changed work.
- Understanding of which AGC ConsensusDOCS you need ... and how to use them.
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