The successful life cycle of a construction contract

By in Construction Management


Icrementum- The successful life cycle of a construction contract

Purpose of this Course


This course, delivered as a series of group and individual webinars, and a face-to-face full day in company training session, will give candidates a strong understanding of the complex process of delivering a construction project from inception to completion, with a strong emphasis on how to identify and mitigate risk throughout the process to ensure achievable project deliverables

The course will give all construction professionals a thorough understanding of the impact of their decisions upstream and downstream of their roles, and demonstrate the importance of collaboration throughout the project delivery, with a particular emphasis on the importance of the operational and commercial teams working closely together as a combined project delivery team to ensure timely completion while ensuring profit margins are maximised.


Who is this Course suitable for?


This course will benefit a wide range of construction professionals including owners of small to medium sized construction companies and sub-contract businesses, and the management staff of larger organizations such as QS’s, commercial managers, contracts managers and project managers. This course would also greatly benefit clients by giving them a full 360 degree overview of the complex mechanics of delivering a construction contract.

Course Structure


The course will consist of 5 90 minute group webinars, 3 virtual 1-2-personal training sessions, and a final full day in-person bespoke 1-2-1 training session from Jonathan targeting specific areas agreed in advance with the candidate.

Group Webinars

  • Session 1 Pre-construction
  • Session 2 Understanding Risk
  • Session 3 Operational Management
  • Session 4 Commercial Management
  • Session 5 Successful Contract Completion/ Handover & Post Completion
  • Face-to-face Bespoke Training
  • Session 1 In person full day bespoke training programme

Who will be tutoring me?

Jonathan Payne FCIOB

With over 30 years construction experience, Jonathan Payne is a renowned professional within the construction industry and is the Founder and Managing Director of Incrementum, a specialised construction consultancy company. Previously the co-founder of Corramore Construction Ltd, which under his tenure as Managing Director for 19 years, grew to have an annual turnover in excess of £25 million. After selling his shareholding in this venture, he was then appointed as Managing Director of Mascott Construction (Europe) Ltd for over 4 years, which under his leadership, grew significantly to a turnover of circa £25 million.

Along with a degree in Quantity Surveying and Construction Economics, Jonathan is a Fellow of the Chartered Institute of Building (CIOB) as well as being a Chartered Construction Manager. Jonathan holds the prestigious position of Vice-Chairman of the Chartered Institute of Building (CIOB) in Northern Ireland, as well as being a Board Member of the Construction Industry Training Board (CITB) for Northern Ireland.

Jonathan will draw on his personal firsthand experiences within the construction industry to deliver this course, giving candidates a unique insight of a project from inception to completion.




  • The tender process
  • Understanding the tender documents
  • The tender deliverables and are they achievable
  • Tender risks and the risk mitigation processes
  • Reviewing the contract and amendments
  • Successful tender adjudication
  • Pre-construction planning


2. Understanding Risk

  • Why risk is important
  • Why risk is good – the risk versus reward matrix
  • Identifying the different types of risk in construction
  • How to identify risk
  • Pricing risk
  • Mitigating risk
  • Asbestos


3. Operational management

  • Handover process from the pre-construction team
  • Understanding the deliverables
  • Successful contract management
  • Operational risk
  • The structure of weekly review meetings
  • Measuring performance – kpi’s
  • Understanding and reviewing the programme and critical path
  • Resource schedules
  • Importance of records




4. Commercial Management

  • Understand the commercial constraints of a project
  • Successful contract administration
  • Site resources versus tender resource allocation
  • Commercial risk and opportunity
  • Understanding the contract and condition precedents
  • The Construction Act / Order
  • Effective cashflow management
  • Submitting valuations correctly
  • Extensions of time and variation claims
  • Alternative Dispute Resolution
  • Importance of accurate job costs and labour allocations
  • Understanding Work in Progress (WIP) and accruals
  • Production of monthly CVR reports


5. Successful Contract Completion/Handover & Post Completion

  • Definition of practical completion
  • Programming for the completion process
  • The handover files – what is required
  • Contractor design elements and collateral warranties
  • What can delay handover
  • Liquidated damages
  • Defects liability period and contractual obligations
  • Understanding latent defects
  • Final review and Q&A session on the overall course
  • Understanding work in progress (WIP) and accruals
  • Production of monthly CVR reports