EPCIC Contract Management in Offshore & Marine

This EPCIC Contracts Management in Offshore & Marine training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes exercises designed to improve and sharpen the skill sets of delegates in planning, negotiating and managing EPCIC contracts through interactive session with role playing, case studies, discussion groups and scenario building. The objective of the interactive role play is to enable participants to apply the knowledge and understanding gained at the workshop to negotiate a more effective EPCIC contract.  This will help participants gain practical insights into managing the risks and enhancing their rewards.

At the end of this EPCIC Contracts Management in Offshore & Marine training course, participants will be able to:

• Understand the current global, local and financial environment for EPCIC contracts and assess operational, commercial, legal and financial risks in EPCIC contracts
• Examine and analyse the difference between with EPCIC contracts & EPCM and appreciate the underlying legal principles
• Appreciate the essential element of the different contract stages from pre to post tender to completion and delivery of project
• Address key issues faced during project lifecycle and how to tackle these through enforceable contractual clauses
• Avoiding drafting pitfalls and ambiguous contractual terms

This Gulf Rowad EPCIC Contracts Management in Offshore & Marine training course is suitable to a wide range of professionals but will greatly benefit Contracts Professionals and Project Managers operating in complex offshore and onshore projects in marine and shipyard construction and engineering, whether at beginner or intermediate levels, and also:

• Commercial Contract Professionals
• Commercial Operation Professionals
• Contract Engineers
• Procurement Supply Chain Professionals
• Risk Manager / Contract Risk Professionals

Organisational Impact

The organisation will benefit by:

• Providing project management team with a fresh and rational approach to contract management in Offshore and Maritime contracts
• Analysing and solving contract problems before they cause organisation in time and money
• Provide an eye-opener on the importance of clarifying contract ambiguities prior to signing of contracts
• Gives procurement and other project personnel a new insight into negotiating of contracts
• Strategizing on risk management techniques that can be used in the contracts to safeguard organisations interests
• Senior management given options that are available to enable them to negotiate terms and conditions of for upstream and downstream contracts

Personal Impact

This EPCIC Contracts Management in Offshore & Marine training course teaches the competencies that enable the attendees to: 

• To have a one-stop reference on all aspects of the contracts and for dealing effectively with the problems that may arise
• Obtain detailed guidance on the contract management techniques that will help the reduce claims
• Familiarise themselves with different contracting clauses
• Looks at contract documents required for creation of an EPCIC contract and other contracts and the importance of specifications, drawings, scope of work
• Deal with Changes to contract terms, and differences in approach between standard contracts and bespoke contracts
• Knowledge of different contracting strategy to meet organisation’s goals