Showing 1717–1728 of 1824 resultsSorted by latest
This course covers key aspects of contract law, including the elements of a contract (offer, acceptance, consideration, capacity, intention), managing time and materials (T&M) and unit price contracts, and the effects of misrepresentation, mistakes, and illegality. Emphasis is on proper documentation, legal enforceability, and ethical practices. Estimated Duration: 410 Minutes Tier: Advanced
This is a rejection of claim letter template. It informs a contractor that their claim (e.g., for additional costs) is denied. It details reasons for rejection, including specific references to the contract and potentially relevant laws. Reasons may include the claim being covered by the existing contract or foreseeable obstructions not warranting additional compensation.
This course provides an overview of various agreement types including sales, employment, lease, partnership, non-disclosure, non-compete, service, licensing, joint venture agreements, and MOUs. It explains their purposes, key components, and legal implications, emphasizing the importance of clear terms, mutual consent, and legal compliance in contract formation and management. Estimated Duration: 40 Minutes Tier: Basics
This is a notice of defect template. It informs a contractor of a defect in delivered equipment or services and its non-compliance with the contract. It details the defect, actions taken by the principal to mitigate issues, and potential financial implications. It emphasizes the right to claim additional damages and requests a rectification plan with…
Subcontracting involves delegating specific tasks to specialized subcontractors through well-defined agreements. Key aspects include scope definition, selection, quality assurance, communication, and risk management. Effective organization ensures resource optimization, seamless collaboration, and project success by leveraging external expertise and maintaining transparent, documented processes within legal and contractual frameworks. Estimated Duration: 160 Minutes Tier: Proficiency
This is a variation request reception confirmation letter. It acknowledges the contractor’s request but clarifies it might require a formal variation order due to scope changes. It offers two options: 1) Principal confirms and prepares a proposal for time/cost impacts or 2) Contractor confirms and provides a quotation. It emphasizes the need for mutual agreement…
This course outlines key contractual mistakes: common mistakes (shared erroneous beliefs by both parties), mutual mistakes (both parties misunderstand each other’s intentions), and unilateral mistakes (one party is mistaken). It emphasizes the importance of clear documentation, precise scope definition, and effective change management to ensure transparency, cost control, and successful project outcomes. Estimated Duration: 130…
This is a template for a variation request with an instruction letter. It’s used by a project lead to inform a contractor about required changes while reserving the right to claim additional costs or time extensions. It acknowledges the contractual obligation to complete the changes but emphasizes potential impacts and requests clarification.
The course emphasizes contracts as tools for managing business relationships. Key points include negotiation strategies like anchoring, the importance of perceived power, and the risks of emotional bias. It also highlights satisfaction, fairness, trust, and time management as crucial factors in successful negotiations. Estimated Duration: 90 Minutes Tier: proficiency
This course details the nuances of EPC (Engineering, Procurement, and Construction) contracts, emphasizing the importance of clear contract provisions for effective project execution. It covers aspects like contract effectiveness, site conditions, and testing procedures to ensure all parties understand their roles and responsibilities, thus preventing disputes and ensuring project success within stipulated timelines and budgets….
The “Winning Negotiations” course emphasizes using SMART objectives to improve negotiation outcomes. It outlines strategies for defining specific, measurable, achievable, relevant, and time-bound goals, and includes planning techniques like setting opening offers and fallback positions. The aim is to achieve win-win outcomes, maximize value, and build lasting relationships. Estimated Duration: 520 Minutes Tier: Advanced
This guide details the process of handling contract hindrances (delays or performance issues). It outlines 14 steps across 4 phases: Identification & Documentation, Notification, Detailed Claim Submission, and Resolution. Steps include gathering evidence, notifying stakeholders, submitting a formal claim, negotiating a resolution, and implementing adjustments. It emphasizes proactive planning, communication, and potentially seeking legal advice.
