FUNDAMENTALS OF CONTRACT & CHANGE MANAGEMENT

29 - 31 October 2008, London, UK

Overview

In the past 16 years, this training programme has been given more than 200 times, in over 14 different countries, to over 3200 representatives from organisations in over 26 countries:

Naval Architects, Management Consultants, Project Engineers
Shipyards, Ship Owners, Repair Yards, Naval Shipbuilders
Ship Managers & Repair Supervisors
Major Equipment Vendors, Shipyard Subcontractors
Commercial Fleet Managers, Port Engineers & Legal Reps
Navies, Naval Engineering & Defence Industries
Coast Guards, Maritime Administrators & Fisheries

Benefits of Attending

This 3 day training programme is designed for (a) project managers who handle day-to-day relations with other parties, (b) people who form contracts and (c) senior managers who monitor contract-related cash flow. It's designed to be relevant to shipyards, repair yards, naval work, ship owners, equipment suppliers and consultants.

The benefit of improved contract management is identification of the pitfalls and traps experienced within the industry. The attendee will be more prepared to identify all the costs, schedule changes and to properly assign responsibility for those changes and effects. This will save your firm considerable sums in each major contract.

Topics to be Covered Include:

Contract Management and Mis-Management - multiple case studies and lessons learned.
Contract Performance Documentation - basic work, change work, extra work and re-work.
Change Orders - advance establishment of approval procedures and time constraints, identifying constructive, negotiated, unilateral and other CO's, identifying the down-side risks of CO's.
Critical Path - 'Real-time' identification of changes, slippages and re-routing.
Monitoring and reporting production work.
Engineering/Drawings - defining the types, schedules and responsibilities.
Owner-Furnished Materials - and information: definitions, forms and schedules.
Hourly Rates and Overtime - agreeing in advance to whom they apply and who pays for it under different circumstances.
Post-Delivery Negotiations - of unpriced change orders: documenting the work.
Claim Avoidance - through structured communications and documentation.
Delay, Disruption and Acceleration - 'Real-time' identification and quantification of the direct and secondary cases and effects.

Programme

Day 1 (09.30- 17.00) - Chronological Elements of Contract Management

Principles of Contract Management
Pre-Signing Contract Management
Contract Signing
Contract Management During Performance
Post-Delivery Contract Management

Day 2 (09.00-17.00) - Change Orders/Arisings - Pricing, Scheduling & Negotiation

Avoiding changes with 'most-probable' specifications
The 'true' origin of changes
Identification of the real change in workscope
Change work as a substitute for basic work
Engineering & procurement for changes
Support services necessary for change work
Estimating change work vs. basic work
Estimating non-productive effects of changes
Identifying often overlooked billable personnel
Shipyard's vs. ship owner's estimates
Lead times and durations for change work
Identifying schedule impacts of change
Reliance on OFM/GFM commitments
Identifying when the owner/government can't say no

Day 3 (09.00 - 16.00) - Specific Contract Management Discussion Topics

Contract Management vs. Project Management
Contract Definition, Document Precedence
Specification types and advantages of each
Drawings and Bills of Materials
Classification and Regulatory Matters
Owner's Approvals
Owner Furnished Materials and Information
Documented Communications
Schedule/CPN and Schedule Monitoring
Labour Hours - Estimates, Budgets, Actuals
Delays - Excusable, Compensable, Concurrent
Financial Matters and Considerations
Vessel Delivery and/or Re-delivery
Standards for Inspections and Substitutions
"The course content is excellent, containing a great deal of good, solid material based on experience, which will increase the knowledge and confidence of those involved in ship contracts" - I A Hicks, RNLI, UK

About the Course Leader

Dr Kenneth W. Fisher FRINA is regularly engaged by owners, government agencies, shipyards and vendors and as a consultant and expert witness in contract management. Dr Fisher has directed numerous arbitrations and analyses to identify the weak points and failures of contract management staffs which led to 'contractual disasters' in shipbuilding and ship repair.

The benefits are estimated at two to three percent of the total value of all contracts managed after the training programme

Limited Places Available

Please note that there are a limited number of places available on this course and any registrations made will be on a first come, first served basis.

Venue and Accomodation

The venue for the training programme is the: Weir Lecture Hall, RINA HQ, 10 Upper Belgrave Street, London. SW1X 8BQ. UK

Please click here to download a map to RINA HQ

Our reservation agents, The Corporate Team will be happy to help you with any accommodation requirements you may have. They can be contacted at Tel: 0845 604 4060 (UK Only) or International +44 (0)20 7340 1610, Fax: +44 (0)20 7828 6439, E-Mail: or by post at 13 Grosvenor Gardens, London SW1W OBD, UK.

Continuing Proffessional Development (CPD)

Certificates of Attendance will be issued at the event, which contributes towards the Institution's requirements for Continuing Professional Development. For further details regarding CPD, please contact Gieuseppe Gigantesco, Director of Professional Affairs on Tel: 44 (0)20 7201 2407 or via email at: .