Unit 2:  Initiating and Planning - Part 1

This course will provide an understanding of how basic contracts are structured, how different types of contracts are used, and how project documentation relates to effective contracting for early-career project managers.

Following successful completion of Unit 2, participants will have the ability to:

  • Discuss how basic contracts are structured, the different types of contracts used in construction projects, and how project documentation relates to effective contracting
  • Identify important contract law and language and how they are related to project risk
  • Distinguish between agent and independent contracts, torts and contractual liability cases, and the difference between criminal and civil proceedings
  • Identify how different project delivery methods use different contracting strategies
  • Describe the process for contract amendments, changes, extensions, and final terms
  • Defend the importance of dispute resolution and good-faith negotiation in resolving contract disputes
  • Distinguish between partial and material breaches and understanding the significance of termination, bankruptcy, and breach of contract claims

Instructor’s Guide: Item No. 7101

Participant’s Manual: Item No. 71011

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