Overview

Welcome to the complete guide for managing early warnings and compensation events.A full end-to-end process with downloadable resource you can use in your contracts, no need to create them yourself.If you are involved in infrastructure and civil engineering projects you will use NEC contracts during your career. No only are NEC worldwide but they are modern and easy to understand contract with one challenging problem...how do you get your head around how it all works?This course teaches you all components of the early warning and compensation event processes at the heart of the contract, change control. From the first activity of notifying an early warning to implementing a compensation event and all steps in-between.I built this course from over a decade of practical NEC experience, where I have delivered over £500 million of projects. I have seen all situations and have experienced the difficulties of learning "on-the-job", which is why this course will train you to be the best contract manager you can be so you can always be at the top of your game.This course uses practical explanations to work through how the contract is structure including:Explanation of all clauses for early warnings & compensation eventsProcess flow to show who does whatExplain the roles of each party in the contractGraphical explanation of how assessments are madeThe risks and issues of not following the processDon't forget the downloadable resources!Enjoy the course!Ben

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