Contract Administrator

Session 1

(1 day session)

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?

Session 2

(1 day session)

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

Session 3

(1 day session)

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

Session 4

(1 day session)

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

Session 5

(1 day session)

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.

Session 6

(1 day session)

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

Session 7

(1 day session)

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.

Session 8

(1 day session)

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

Enquire to book your spot for upcoming courses.

Cost of Program

$5,200 + GST ($650 per day x 8 days) including:

  • 6 onsite days of workshops with other participates to build a network of construction professionals.
  • 2 individual active project reviews that you are currently working on.
  • Interim mentoring on issues as and when they arise.
  • A suite of practical documents and tools to use every day on your projects.

Paid in 2 instalments, only on participation. E.g. If you don’t continue after the 1st half no further charges will be made.

Estimator

Commences June 2020 2nd Wednesday of every month

  • Prevent cost blowouts
  • Giving accurate quotes
  • Work-winning strategies
  • Identify contract risks
  • Negotiate with subcontractors
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Site Manager / Supervisor

Commences August 2020 2nd Wednesday of every month

  • Negotiation utilising DISC
  • Programming fundamentals
  • Spotting contract red flags
  • Forecasting delays
  • Working with subbies
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Project Manager

Commences October 2020 2nd Wednesday of every month

  • Manage client expectations
  • Negotiate project risks
  • Keep on time and budget
  • Enhance forecasting abilities
  • Build trusted relationships
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