EPC Contract Management Essentials and Best Practices Course Curriculum
Course Overview This comprehensive course is designed to equip professionals with the knowledge and skills necessary to effectively manage EPC (Engineering, Procurement, and Construction) contracts. Upon completion, participants will receive a certificate issued by The Art of Service.
Course Outline Module 1: Introduction to EPC Contracts
- Definition and characteristics of EPC contracts
- Types of EPC contracts (e.g., lump sum, cost-plus)
- Benefits and challenges of EPC contracts
- Industry trends and best practices
Module 2: Contract Formation and Negotiation
- Pre-contract planning and preparation
- Contract negotiation strategies and tactics
- Key contract terms and conditions
- Contract drafting and review
Module 3: Contract Management Fundamentals
- Contract management framework and processes
- Roles and responsibilities of contract managers
- Contract administration and monitoring
- Performance metrics and KPIs
Module 4: Risk Management in EPC Contracts
- Identifying and assessing risks
- Risk allocation and mitigation strategies
- Risk management planning and monitoring
- Claims management and dispute resolution
Module 5: Change Management and Variations
- Change management processes and procedures
- Types of changes and variations
- Impact assessment and pricing changes
- Negotiating and approving changes
Module 6: Payment and Pricing Mechanisms
- Payment terms and schedules
- Pricing mechanisms (e.g., lump sum, cost-plus)
- Payment disputes and resolution
- Cash flow management and forecasting
Module 7: Performance Management and Monitoring
- Performance metrics and KPIs
- Monitoring and reporting progress
- Identifying and addressing performance issues
- Remedial actions and corrective measures
Module 8: Dispute Resolution and Claims Management
- Dispute resolution mechanisms (e.g., negotiation, mediation, arbitration)
- Claims management processes and procedures
- Preparing and presenting claims
- Negotiating and settling claims
Module 9: Contract Close-out and Termination
- Contract close-out processes and procedures
- Termination clauses and procedures
- Post-termination obligations and liabilities
- Lessons learned and continuous improvement
Module 10: Best Practices and Industry Trends
- Industry best practices and benchmarking
- Emerging trends and innovations in EPC contract management
- Future-proofing EPC contract management
- Case studies and group discussions
Course Features - Interactive and engaging: Video lessons, quizzes, and discussions
- Comprehensive and up-to-date: Covers the latest industry trends and best practices
- Personalized learning: Self-paced learning with flexibility to learn at your own pace
- Practical and real-world applications: Case studies, group discussions, and hands-on projects
- Expert instructors: Industry experts with extensive experience in EPC contract management
- Certification: Certificate issued by The Art of Service upon completion
- Flexible learning: Access the course on desktop, tablet, or mobile device
- User-friendly: Intuitive course navigation and user interface
- Community-driven: Discussion forums and community support
- Actionable insights: Practical takeaways and actionable advice
- Hands-on projects: Apply learning to real-world scenarios
- Bite-sized lessons: Short, focused lessons for easy learning
- Lifetime access: Access the course for a lifetime
- Gamification: Engaging learning experience with gamification elements
- Progress tracking: Track your progress and stay motivated
What You'll Receive - A comprehensive understanding of EPC contract management essentials and best practices
- Practical skills and knowledge to effectively manage EPC contracts
- A certificate issued by The Art of Service upon completion
- Lifetime access to the course materials
- Ongoing support and community engagement
,
Module 1: Introduction to EPC Contracts
- Definition and characteristics of EPC contracts
- Types of EPC contracts (e.g., lump sum, cost-plus)
- Benefits and challenges of EPC contracts
- Industry trends and best practices
Module 2: Contract Formation and Negotiation
- Pre-contract planning and preparation
- Contract negotiation strategies and tactics
- Key contract terms and conditions
- Contract drafting and review
Module 3: Contract Management Fundamentals
- Contract management framework and processes
- Roles and responsibilities of contract managers
- Contract administration and monitoring
- Performance metrics and KPIs
Module 4: Risk Management in EPC Contracts
- Identifying and assessing risks
- Risk allocation and mitigation strategies
- Risk management planning and monitoring
- Claims management and dispute resolution
Module 5: Change Management and Variations
- Change management processes and procedures
- Types of changes and variations
- Impact assessment and pricing changes
- Negotiating and approving changes
Module 6: Payment and Pricing Mechanisms
- Payment terms and schedules
- Pricing mechanisms (e.g., lump sum, cost-plus)
- Payment disputes and resolution
- Cash flow management and forecasting
Module 7: Performance Management and Monitoring
- Performance metrics and KPIs
- Monitoring and reporting progress
- Identifying and addressing performance issues
- Remedial actions and corrective measures
Module 8: Dispute Resolution and Claims Management
- Dispute resolution mechanisms (e.g., negotiation, mediation, arbitration)
- Claims management processes and procedures
- Preparing and presenting claims
- Negotiating and settling claims
Module 9: Contract Close-out and Termination
- Contract close-out processes and procedures
- Termination clauses and procedures
- Post-termination obligations and liabilities
- Lessons learned and continuous improvement
Module 10: Best Practices and Industry Trends
- Industry best practices and benchmarking
- Emerging trends and innovations in EPC contract management
- Future-proofing EPC contract management
- Case studies and group discussions
Course Features - Interactive and engaging: Video lessons, quizzes, and discussions
- Comprehensive and up-to-date: Covers the latest industry trends and best practices
- Personalized learning: Self-paced learning with flexibility to learn at your own pace
- Practical and real-world applications: Case studies, group discussions, and hands-on projects
- Expert instructors: Industry experts with extensive experience in EPC contract management
- Certification: Certificate issued by The Art of Service upon completion
- Flexible learning: Access the course on desktop, tablet, or mobile device
- User-friendly: Intuitive course navigation and user interface
- Community-driven: Discussion forums and community support
- Actionable insights: Practical takeaways and actionable advice
- Hands-on projects: Apply learning to real-world scenarios
- Bite-sized lessons: Short, focused lessons for easy learning
- Lifetime access: Access the course for a lifetime
- Gamification: Engaging learning experience with gamification elements
- Progress tracking: Track your progress and stay motivated
What You'll Receive - A comprehensive understanding of EPC contract management essentials and best practices
- Practical skills and knowledge to effectively manage EPC contracts
- A certificate issued by The Art of Service upon completion
- Lifetime access to the course materials
- Ongoing support and community engagement
,
- A comprehensive understanding of EPC contract management essentials and best practices
- Practical skills and knowledge to effectively manage EPC contracts
- A certificate issued by The Art of Service upon completion
- Lifetime access to the course materials
- Ongoing support and community engagement