Contracts Bottom Line, Claims Universe & Disputes Resolution

Contracts Bottom Line, Claims Universe & Disputes Resolution udemy course

Rule of Thumb; Contracts must be read before signing it & Contracts must be read as a Whole!

This course serves as a concise and practical entry point into the world of contract management and administration, especially within capital projects.

In the first section, you’ll gain a solid foundation in contracting essentials. From understanding how contracts are structured and interpreted, to identifying the critical risks and opportunities embedded in key terms — the section concludes with a focused review of the 22 most important contractual clauses every practitioner should watch for.

Topics include:

• Introduction to Contract Administration

• Definition and Core Elements of a Contract

• Common Mistakes in Contracts: Void vs. Enforceable Errors

• Types of Contracts vs. Project Delivery Methods

• Contract Structures: Pros, Cons, and Strategic Selection

• Contractor Pre-Qualification

• The “Bid or No-Bid” Decision

• The 22 Essential Clauses to Monitor in Every Contract

The second section dives into the claims and disputes universe, offering you a structured understanding of how conflicts emerge, how claims are formed, and how disputes are ultimately resolved.

You’ll learn to:

• Distinguish between Variations (VOs), Claims, and Disputes

• Understand Contractor vs. Employer Claims

• Assess the Burden of Proof

• Explore Quantum and Types of Damages

• Link Claims to Delivery Methods and Contract Types

• Conduct a Basic Claim Analysis

• Navigate Dispute Resolution Mechanisms (Negotiation, Mediation, Arbitration, etc.)

  
  

Whether you’re new to the field or looking to refresh your understanding, this course provides a clear, real-world guide to navigating contract risks, administering obligations, and addressing claims and disputes with confidence.