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A highly interactive training course on

Project Delay Management
and Claim Assessment Master Class

Understanding Project Delays and Applying Best Techniques to Recoup Losses

Session Dates
Location
Fees
14 - 18 Aug 2022
Dubai, UAE
$5,950
11 - 15 Dec 2022
Dubai, UAE
$5,950
20 - 24 Mar 2023
Amsterdam, The Netherlands
$5,950

Training Course Overview

This Master Class will enlighten coverage afforded by such time-related insurance policies and how claims are triggered. Common policy issues relating to delays in projects and reasons for the delays will be addressed. Various types of incident scenarios will be shared, and application of the policy cover will also be considered.

The session will be handled by an experienced Facilitator who is very familiar with this subject matter. He has decades of this subject handling experience. He will use adult learning methods incorporating inter-active formats to share his course material. Case studies and in-depth discussion dialogues will be used to enhance the learning process.

Training Course Objectives

By the end of this COPEX training course, you will be able to:

  • Understand How These Project Delay Insurance Policies are Arranged and the Protection Afforded
  • Learn the Underwriter’s Consideration at the Time of Underwriting the Risk
  • Appreciate the Claims Handling Aspect of this Subject Matter
  • Highlight Type of Projects that Require Such Coverage
  • Apply Some of the Concepts Relating to Project Delays and How it Affects the Contract Arrangements

Designed For

The training course is primarily designed to cater for project personnel and construction industry technical staff but not limited to Project Engineers, Project Managers, Quantity Surveyors, Consultants, Building Surveyors, Financial / Banking officials and representatives of Government agencies and utility companies.

Training Course Outline

Amongst a wide range of valuable topics, the following will be prioritised:

  • The Need for Such “Delay” Insurance Cover for Infrastructure, Industrial and Manufacturing Buildings Projects
  • Typical Examples of Project Delays and How it Affects the Completion Dates
  • Role(s) of the Project Consultants and Project Managers to Deal with Delays
  • The Use of Project Management Softwares to Monitor and Identify Project Delays
  • Key Points in Project Delays and “How to Catch Up"
  • Drawing up a Revised Work Program and Relevant Clauses in the Conditions of Contract
  • Key Clauses on “Delays” from the FIDIC Contract
  • Application of the L.A.D and E.O.T Aspects
  • How the Relevant Insurance Policies Respond and the Relevant Peril(s)
  • Specific Clauses and Endorsements That Apply for this Special Insurance Cover
  • Discussion on How Such Claims are Handled and Managed

The Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

© 2022 Copex Training - All rights reserved.

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