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Contract and Subcontract Management

Contract and Subcontract Management

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Syllabus

This course is full of best-in-class content by leading faculty and industry experts in the form of videos and projects

Course Overview

  • The learners will gain a thorough knowledge of the fundamental concepts of contract and subcontract management.
  • This course demonstrates the theories related to contract and subcontract management.
  • This course also teaches closely connected topics, viz., corporate strategy, ethics, and compliance.
  • During the course, the learners will learn about
    • Essential Elements of a contract
    • Various types of contracts
    • General conditions of contract and special conditions of contract
    • Legal aspects of contracts
    • Tender process and contract closure

Course Syllabus

On a daily basis we talk to companies in the likes of Tata Elxsi and Mahindra to fine tune our curriculum.

Week 1 - Introduction to Contracting Management

  • Contract Management
  • Scope
  • Organization
  • Contract
  • Award
  • Contract Closure

Week 2 - Essential Elements of Contract and Industry Good Practices

  • Offer
  • Acceptance
  • Mutual Assent
  • Capacity
  • Legality
  • Industry Good Practices

Week 3 - Types of Contracts

  • Context 1 : 3 types
    • Fixed Price Contract
    • Cost Plus Contract
    • Time and Material Contract
  • Context 2 : 6 types
    • LSTk
    • EPC
    • EPCM
    • Item Rate GEC
    • Item Rate Package
    • Supply Contract
    • Labor Contract
    • Service Contract

Week 4 - GCC and SCC - Part 1

  • Introduction to GCC and SCC
  • Illustration with an Example

Week 5 - GCC and SCC - Part 2

  • GCC Implementation
  • SCC Implementation
  • Important Clauses

Week 6 - Legal Aspects of Contract - Part 1

  • How Legal Contract Works
  • Legal Purpose
  • Mutual Agreement
  • Consideration
  • Competent Parties
  • Genuine Assent
  • Arbitration - Steps of Arbitration in India

Week 7 - Legal Aspects of Contract - Part 2

  • Contract Breach
  • Force Majeure
  • Sue for Damages
  • Specific Performance
  • Other Remedies
  • Types of Contracts based on Legal Validity
    • Void Contract
    • Voidable Contract
    • Legal Contract
    • Illegal Contract
    • Unenforceable Contract

Week 8 - Claims and Arbitration

  • Claims
    • Injuries
    • Change of Work
    • Damage
    • Schedule Acceleration
    • Change in Site Conditions
    • Construction Defects
    • Delay
  • Introduction to Project Contract Arbitration

Week 9 - Tender Process and Contract Closure

  • Key Terminologies of Project Contract
  • Flow of Events for Tendering Process
    • Notice Inviting Tender
    • Bid phase
    • 2-Bid system
    • GCC and SCC
    • Notice to Proceed
    • Project Phase
    • Contract Closure

Week 10 - Subcontracting Management

  • What is Sub Contracting?
  • How Subcontracting Works in Engineering and Construction Industry?
  • Industry Example Elaboration
  • Checks Before Engaging Sub Contractor
  • BOQ or Bill of Quantities and SOR or Schedule of Rates
  • Case Study of a Typical Package Based Sub Contract
  • Back-to-back Sub Contracting

Week 11 - FIDIC ( International Federation of Consulting Engineers) Contract

  • Elementary Understanding of FIDIC
  • FIDIC Contract
    • Red Book
    • Pink Book
    • Yellow Book
    • Silver Book
    • Orange Book
    • Green Book
    • Gold Book

Week 12 - FIDIC Application Scenarios, Use of SAP or Other Software

  • FIDIC Clauses
  • SAP and Other Similar Softwares
  • Important and Industry Relevant Points

Our courses have been designed by industry experts to help students achieve their dream careers

Industry Projects

Our projects are designed by experts in the industry to reflect industry standards. By working through our projects, Learners will gain a practical understanding of what they will take on at a larger-scale in the industry. In total, there are 2 Projects that are available in this program.

Develop a Scope document or Scope of Work (SOW) for a tender

This project deals with the preparation of Scope of Work document for a tender by listing out the project details, design, timelines, and responsibilities.

Develop an Extension of Time (EOT) application for a water infrastructure project

This project deals with the preparation of an Extension of Time (EOT) application for a water infrastructure project by listing out the delayed events, responsible parties, and force majeure events.

Our courses have been designed by industry experts to help students achieve their dream careers

Ratings & Reviews by Learners

Skill-Lync has received honest feedback from our learners around the globe.

Google Rating
4.8

Contract and Subcontract Management

Flexible Pricing

Talk to our career counsellors to get flexible payment options.

Premium

INR 40,000

Inclusive of all charges


Become job ready with our comprehensive industry focused curriculum for freshers & early career professionals

  • 1 Year Accessto Skill-Lync’s Learning Management System (LMS)

  • Personalized Pageto showcase Projects & Certifications

  • Live Individual & Group Sessionsto resolve queries, Discuss Progress and Study Plans.

  • Personalized & Hands-OnSupport over Mail, Telephone for Query Resolution & Overall Learner Progress.

  • Job-Oriented Industry Relevant Curriculumavailable at your fingertips curated by Global Industry Experts along with Live Sessions.

Instructors profiles

Our courses are designed by leading academicians and experienced industry professionals.

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1 industry expert

Our instructors are industry experts along with a passion to teach.

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18 years in the experience range

Instructors with 18 years extensive industry experience.

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Areas of expertise

  • Project Planning and control
  • Construction Management
  • Budget Planning
  • Vendor Management

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