PMI-CP-CR: Construction Contract And Risk Management Training in Wichita

PMI-CP-CR: Construction Contract and Risk Management Training Course Outline

Module 1: Introduction

• Overview of the Construction Professional
• Introduction to Contract & Risk Management

Module 2: Contract Lifecycle

• Legally Binding Agreements Between Parties for the Delivery of an Agreed Scope of Work
• Key Stages of a Contract Lifecycle and Key Activities
• Best Practices to be Adopted Across the Process

Module 3: Contract and Delivery Method Strategies

• Types of Built Environment Projects Requiring
  • Project Delivery Methods
  • Contract Structures
• Different Project Delivery Methods and Contract Structures
• Importance of Selecting Them Correctly in Built Environment Projects

Module 4: Risk Classification and Prioritization in Built Environment Projects

• Complexities Involved in Contract Management Generating Risks for Owners to Monitor
• Importance of the Risk Management Process in Ensuring Successful Project Delivery
• How to Classify Risks in Order to Prioritize Them Correctly

Module 5: Risk Management Framework and Process

• Impact of Delivery Methods on How Risk is Managed in Built Environment Projects
• Different Models of Risk Management
• How to Choose the Most Optimal Model for Your Built Environment Project to Meet Its Unique Needs

Module 6: Risk Management Tools and Techniques

• Benefits of Using the Correct Tools and Techniques in the Risk Management Process
• Main Risk Management Tools in the Built Environment
• How to Use Tools to Reduce Overall Project Risk and Increase Chances of Project Success

Module 7: Common Causes of Claims

• Introduction to Construction Claims
• Common Causes of Claims in Built Environment Projects
• Difference Between Change Orders and Contractual Claims
• Delay, Cost, and Scope-Related Claims
• Identifying Potential Claims Through Early Risk Awareness

Module 8: Methods to Prevent and Reduce Claims and Disputes

• Importance of Early Claim Identification and Prevention
• Effective Contract Administration Practices
• Managing Changes and Variations Effectively
• Maintaining Accurate Project Records and Documentation
• Communication Approaches for Reducing Disputes

Module 9: Claims Pursuance and Dispute Resolution Process

• Processing Inevitable Claims in the Built Environment Industry
• Claims Pursuance Process and Singularities of Various Dispute Resolution Mechanisms Available

Who Should Attend this PMI-CP-CR: Construction Contract and Risk Management Training?

This training is suitable for professionals involved in contracts, risk management, claims, and project delivery within the built environment. It is particularly relevant to:

• Construction Project Managers
• Contract Managers
• Construction Managers
• Risk and Claims Managers
• Project Controls Professionals
• Site Supervisors
• Commercial Managers
• Project Engineers

Prerequisites for the PMI-CP-CR: Construction Contract and Risk Management Training

There are no formal prerequisites to attend this training. However, a basic knowledge of construction projects, contract management, or built environment project delivery would be beneficial for delegates.

PMI-CP-CR: Construction Contract and Risk Management Training Overview

PMI-CP-CR: Construction Contract and Risk Management Training develops knowledge of managing contracts and risks across built environment projects. It covers the contract lifecycle, project delivery methods, contract structures, risk classification, risk management frameworks, claims, and dispute resolution.

Delegates will develop skills in identifying and prioritizing project risks, selecting appropriate risk management approaches, and applying relevant tools and techniques. They will also understand how effective contract and risk management can help prevent claims and reduce the escalation of disputes.

This 2-Day course offered by The Knowledge Academy helps delegates strengthen their approach to contract and risk management within construction projects. They will be better equipped to manage contractual processes, assess project risks, address claims, and understand available dispute resolution mechanisms.

PMI-CP-CR: Construction Contract and Risk Management Training Course Objectives

• To explain key stages and activities across the contract lifecycle
• To distinguish between project delivery methods and contract structures
• To classify and prioritize risks within built environment projects
• To evaluate risk management frameworks, tools, and techniques
• To identify common causes of contractual claims and project disputes
• To examine approaches for claims prevention, pursuance, and dispute resolution

Learning Outcomes of this PMI-CP-CR: Construction Contract and Risk Management Training

Upon completing this training, delegates will understand how contracts, delivery methods, and risk management approaches influence built environment projects. They will also be better equipped to classify project risks, select suitable risk management methods, recognize potential causes of claims, and understand processes for managing claims and resolving disputes

What’s Included in this PMI-CP-CR: Construction Contract and Risk Management Training?

• World-Class Training Sessions from Experienced Instructors
• Interactive Learning with 24*7 Support
• Digital Delegate Pack