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.
Webinars
1.Pre-construction
- 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
Webinars
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
