Project Budgeting and Cost Management – Establishing and Controlling Your Project’s Planned Expenditures Managers and customers expect to get value for money. A significant number of projects have been canceled or are seen as a failure because they ran too far over budget. This Project Management training seminar on Project Budgeting and Cost Management will present the…View Details
Variations Management Training – Construction
Variations Management Training – Construction
Variations Management Training session will take you the best practice contract procedures for the variation of a contract, using JCT 2016 as a basis, including how to issue the instruction, keeping records and how to value variations.
A variation of a contract is one of the main reasons that a contract can fall into dispute. To avoid this potentially costly delay, issuing, valuing and then managing a variation to a contract correctly is extremely important.
Variations Management Training course provide training in this crucial risk area of construction contract management.
Variations are an essential part of any building project. Project variations fall into two categories. The first can be design/construction philosophy changes that affect existing contract or modifications requested by the client.
The second is project oversights or internal changes that do not involve a change in design/construction philosophy or affect existing contracts. It is vital that both these aspects be properly controlled to ensure that project run on schedule and budget.
This course will provide an expert, comprehensive review of managing issues that arise out of contracts; how they can be identified, substantiated, managed & assessed following contractual requirements & best practice.
This course provides an effective framework for the efficient, consistent and efficient identification and evaluation system of variations against the contract – especially time and cost related variance throughout the construction industry.
This course will help you speed up the identification and submission process of variations.
This practical course is based around carefully designed case studies that highlight what should happen, where people have gone wrong and best practices that you can utilize. It aims to ensure your issues are identified, managed and agreed within the restrictions imposed by any agreement or contract. It mixes updates in theory and concepts with practical wisdom.
You might be interested in another Project Management programs as a next step.
- COURSE TYPE ADVANCED
- COURSE NUMBER
- DURATION 3 Days
- COURSE ACCREDITED BY Local Certificate
YOU WILL LEARN HOW TO
Understand the definition of a variation
Be aware of provisional sums and their consequences
Apply your knowledge to the valuation of variations
Prepare and value variations
Keep records to manage the variation process
IMPORTANT COURSE INFORMATION
Students will receive Strategic Axis professional certificate.
Module 1: Introduction to Variations
Definition of a Variation
Formats of Instructing Variations
Provisional Sums ( Defined and Undefined )
Methods and Examples of Valuing Variations
Change Control Procedures
Module 2: Contract Obligations and Scope of Work
Scopes of Work
Managing Project Time
Time & Cost Consideration
Module 3: Scheduling Assumptions and Control Methods
Establish and Agree on Scheduling Assumptions
How do I Control the Schedule
Time & Cost Variance
Reporting Cost Performance
Module 4: Cost Budgets and Variations
Deviation from Cost Budget
Module 5: Scope Change and Variance Negotiation
Module 6: Practical Implication of Variations
Contract Administration Principles
Scenario One: Change of Carpet
Situation Two: Design Review that Reduced Scope
Situation Three: A 3-week delay caused by the Client
Module 7: Construction Project Variations: Causes and Statistics
The Scope or The Schedule of The Project Has Changed
The Equipment Needed to Perform A Task Is Unavailable
The Project Owner or Contractor Is Suffering Financial Difficulties
There Are Conflicts Between Contract Documents
Working Drawings Are Inadequate or Incomplete
Changes in Design by Consultants
A Shortage of Skilled Manpower
A Shortage of Quality Materials
Shoddy Workmanship, Requiring Demolition and Rework
Delays in Procuring Building Materials
Poor Weather Conditions or Natural Disasters
A Lack of Strategic Planning
Module 8: Construction Change Order and Variation Management
Project Impact: Change, Productivity, and Risk
Change Orders and Variation Requests
Change Order and Variation Workflows
Best Practices to Mitigate Project Risk
In The Classroom
Private Team Training
Indiviual Private Session
Please Register for More Information