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Diploma in Commercial & Contract Management for Engineers

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About Course

Develop the commercial and contractual expertise required to manage complex construction and infrastructure projects. This course covers FIDIC contracts, risk allocation, cost control, claims management, and contract administration, equipping engineers and project professionals with the skills to protect project value and ensure contractual compliance.

What Will You Learn?

  • • Develop strong commercial awareness to protect profit and manage contractual risk in construction projects
  • • Interpret and manage commercial contracts from formation to execution with confidence
  • • Apply FIDIC Red Book clauses correctly in real project scenarios
  • • Identify, allocate, and control commercial risk throughout the project lifecycle
  • • Manage variations, payments, extensions of time, and claims professionally
  • • Handle contract performance obligations and avoid common dispute triggers
  • • Negotiate effectively with clients, consultants, and subcontractors
  • • Manage post-delivery liabilities, defects, and insurance responsibilities
  • • Implement strategic commercial control systems for live projects
  • • Strengthen leadership and team management skills in commercial environments

Course Content

Section 1 — Commercial Foundations

  • Lecture 1 — Principles of Commercial Awareness and Management
    00:00
  • Lecture 2 — Foundations and Formation of Commercial Contracts
    00:00

Section 2 — Contract Performance

Section 3 — Commercial Relationships & Negotiation

Section 4 — Commercial Risk & Liability

Section 5 — Strategic Control & Team Management

Section 6 — FIDIC Red Book Masterclass

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