Contract Administrator

Effective Contract Management | How well do you understand the risks and how to manage them?

Understand contract types and difference in delivery.

• Lump-sum
• Design and construct
• Construction management
• Cost-plus
• Guaranteed maximum price

Identifying and managing risk areas.

• Time bars
• EOTs and variations
• Latent conditions
• Design errors and omissions
• Back to back
• Fit for purpose and design intent
• Insurance provisions

Were the above risks assessed at the tender stage?

Did you ask these questions when the project was handed to you?

Maximise Your Profit | Clever ways to increase margin.

• Clearly understanding the difference in types of contracts.
• Margin v’s Markup | Understanding the difference to increase profit.
• Alternatives | Materials, subcontractors, delivery, time.
• Why and how you build trusting relationships.
• Behavioural profiling to understand people | Introduction to DISC.
• Introduction to successful negotiating.
• Building up a variation cleverly

Programming | Lead with it … don’t just follow it.

• Utilising DISC Behavioural profiling to manage and understand people better.
• Basic programming. Critical path and its relationship to the contract.
• How to understand and maintain a program.
• Contract Vs subcontractor Vs short-range. What are they and why have them.
• Program vs forecast | Does it match. How to get it right.
• Strong project commencement | My role and responsibilities.
• Time = $$$$. Understanding preliminary costs and the common blowouts

Assessment | Project Review

Each participant to present their example project to the group to reflect their knowledge learned from Future Focus. To avoid conflict of interest and confusion, head contractors and subcontractors will be separated across 2 days.

• Head Contractor Day 1
• Subcontractor Day 2

Forecasting | Why, when and how to do it correctly.

• As a CA, do you understand the impact of forecasting for the survival of business and its cashflow.
• How to forecast correctly. How to calculate.
• Contingencies | Why and when. How to calculate.
• Program vs forecast | Does it match?
• How to positive liquidity claim.
• Managing cash flow.
• Preliminaries, the cost and impact.
• How to release profit.
• Reports.

Variations and EOT | To the penthouse, or to the shithouse.

• Variation basics. How to calculate.
• Am I being taken to the cleaners by my pricing.
• Margin vs Markup.
• Maximizing profit on variations.
• Who has final say on amount.
• Scope deletion = margin increase.
• Claiming EOT.
• Prolongation cost calculations.
• How and why I need to communicate with the Estimator

People Management | Understanding your project team and client to get a better outcome.

• Utilising DISC Behavioural profiling to gain a better understanding into people.
• Understanding the different drivers and motivators.
• Better communication leads to better results.
• A practical workshop to overcome current challenges within your project team.
• Difficult conversations. How to make them easier.
• Problems. Don’t hide them, share them to get help to solve.
• Guide to how to approach a client.
• Understanding the difference between a PM and CA.

Assessment | Project Review

Each participant to present their example project to the group to reflect their knowledge learned from Future Focus. To avoid conflict of interest and confusion, head contractors and subcontractors will be separated across 2 days.

• Head Contractor Day 1
• Subcontractor Day 2