Fidic Claims Analysis And Quantum Assessment Training Course

Introduction

Empower construction professionals to effectively analyze and assess the financial implications of claims in FIDIC projects with our comprehensive FIDIC Claims Analysis and Quantum Assessment Training Course. This program equips you with the essential knowledge and skills to understand the methodologies for evaluating claims, determining the quantum of damages, and presenting persuasive arguments in support or defense of claims. Mastering claims analysis and quantum assessment is increasingly vital for professionals seeking to protect their financial interests, minimize losses, and achieve fair and equitable resolutions in construction disputes. Our FIDIC claims analysis training course offers in-depth guidance and actionable strategies for accurately assessing the financial impact of claims and presenting compelling cases.

This FIDIC Claims Analysis and Quantum Assessment training course delves into key areas such as delay analysis, cost analysis, loss of profit assessment, and the use of expert witnesses in FIDIC claims. You will gain expertise in identifying the causes and effects of claims, applying various valuation techniques, and presenting your findings in a clear and concise manner. Whether you are a project manager, contract administrator, or legal advisor, this FIDIC Claims Analysis and Quantum Assessment course will provide you with the tools and knowledge to confidently evaluate the financial merits of claims and achieve favorable outcomes in FIDIC projects.

Target Audience:

• Project Managers
• Contract Administrators
• Quantity Surveyors
• Forensic Accountants
• Delay Analysts
• Legal Advisors
• Claims Consultants

Course Objectives:

• Understand the principles of claims analysis under FIDIC.
• Master delay analysis
• Apply cost analysis
• Assess loss of profit
• Utilize expert witnesses in FIDIC claims.
• Identify the causes and effects of claims.
• Apply various valuation techniques.
• Present findings clearly and concisely.
• Evaluate the financial merits of claims.
• Prepare persuasive arguments for claims.
• Quantify damages
• Understand the legal framework for claims assessment.
• Comply with FIDIC procedures for claims.

Duration

5 Days

Course content

Module 1: Principles of Claims Analysis under FIDIC

• Understanding the principles of claims analysis under FIDIC.
• Examining the contractual basis for claims.
• Understanding the burden of proof and causation.
• Identifying the key elements of a claim.
• Applying FIDIC procedures for claim submission and evaluation.

Module 2: Delay Analysis Techniques

• Mastering delay analysis
• Understanding critical path method (CPM) scheduling.
• Analyzing project schedules to identify delays.
• Apportioning responsibility for delays.
• Calculating the time impact of delays.

Module 3: Cost Analysis Methodologies

• Applying cost analysis
• Identifying cost components in claims.
• Valuing direct and indirect costs.
• Assessing the impact of variations and changes.
• Calculating prolongation and disruption costs.

Module 4: Loss of Profit Assessment

• Assessing loss of profit
• Understanding the concept of lost profits.
• Applying different methods for calculating lost profits.
• Proving causation and foreseeability.
• Presenting evidence to support loss of profit claims.

Module 5: Utilizing Expert Witnesses in FIDIC Claims

• Utilizing expert witnesses in FIDIC claims.
• Understanding the role of expert witnesses.
• Selecting and appointing experts.
• Preparing expert reports and testimony.
• Examining and cross-examining experts.

Module 6: Identifying Causes and Effects of Claims

• Identifying the causes and effects of claims.
• Analyzing the factual background of claims.
• Determining the contractual breaches.
• Establishing the link between cause and effect.
• Documenting the impact of the claim events.

Module 7: Valuation Techniques

• Applying various valuation techniques.
• Understanding the principles of valuation.
• Using different valuation methods (e.g., actual cost, total cost).
• Applying discount rates and interest calculations.
• Considering currency fluctuations and exchange rates.

Module 8: Presenting Findings Clearly and Concisely

• Presenting findings clearly and concisely.
• Structuring claim submissions effectively.
• Using visual aids and graphics.
• Writing clear and persuasive narratives.
• Communicating complex information in a simple manner.

Module 9: Legal Framework for Claims Assessment

• Understanding the legal framework for claims assessment.
• Examining relevant legal principles and case law.
• Understanding the rules of evidence and procedure.
• Applying the principles of contract interpretation.
• Complying with statutory requirements and regulations.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 21 working days before commencement of the training.