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Training Courses Module   2

Construction Project Management Series: Loss & Expense

When a construction project is delayed or disputed, it is crucial for the proposed management of a construction project to understand the loss and expenses incurred from such events.

PEB, BOA-SIA, SPM, SISV (QS Division), BQSM, CIDB, PICQS, PRC CPD points awarded/applied

Date:
Thu 5 Mar 2020
Time:
09:00 AM - 05:00 PM
Venue:
Centennial Business Suites, Axiata Tower Level 31, Kuala Lumpur, Malaysia, 50470
CPD:
6 hours CPD

For Singapore's run: eligible for e2i funding
For Malaysia's run: revised pricing in 2020

From
MYR500

Overview

This one-day foundation course will enable you to deal with loss and expense procedure when managing construction projects. The course emphasises practical instruction and its real-world application.

Expect to learn from interactive series of presentation supported by in-depth group discussions with case studies and exercises that allow you to apply the new theory and concepts in real-life.

CPD points awarded/applied

In Singapore: PEB (6 PDUs); BOA-SIA (2 CPD Accreditation Points); SPM (6 CPD points); SISV (QS) (4.5 CPD hours)
In Malaysia: CIDB (10 CPD points); BQSM
In Philippines: PICQS; PRC

Who will benefit

  • Commercial managers of construction companies
  • Quantity surveyors (main contractor and client side)
  • Project managers
  • Employers agents
  • Contracts administrators
  • Architects
  • Building managers
  • Construction managers

Learning objectives

  • Ascertain loss & expense procedures and causes
  • Comparison and understanding of impact of loss & expense related clauses in different contracts
  • Type of claims and good record keeping practices to manage loss and expenses effectively
  • Prepare and handle a Contractor’s Loss & Expense Notice
  • Various parties eg architect / contract administrator’s obligations relating to loss & expenses
  • Methods of calculating head office overheads
  • Appreciation of the common formulas for calculating loss & expenses and when to apply them eg Hudson, Emden, Eichleay
  • Case study application of formula
  • Understanding of legal precedents that involved loss & expenses

In collaboration with

  • In Singapore

    REDAS logo

Meet the trainers

  • George Wall, Managing Director of Asgard Project Solutions and a practising Expert Witness

    George Wall advises clients internationally on dispute resolution, project and programme delivery, project turnaround, contractual and commercial risks and due diligence. He has over 20 years' experience, with a focus on heavy infrastructure, oil and gas, and mining and buildings throughout Asia, the Middle East, Europe and Africa.

    George has a technical background and significant ongoing practical experience of both domestic and major international projects. This includes working with employers and contractors on the efficient planning and management of multi-billion dollar multi-disciplinary projects from inception through to final completion. George has extensive experience of the development and review of delay claims, assessment of project progress, programmes and supporting documentation to establish the extent of delays, disruption, and acceleration.

    He is the trainer for Singapore's run.

  • Lynnda Lim MRICS, Partner at Contract Solutions i PLT Malaysia and Contract Solutions-i LLP Singapore

    Ms Lim is a dispute resolution expert with some 20 years' working experience in the construction industry.

    She was initially employed by civil engineering, mining and quantity surveying firms performing project coordination, quantity surveying and contract management roles. Subsequently, she joined Hill International (formally J R Knowles) in 2007, and in 2009 moved on to Charlton Martin Consultants, working in both Malaysia and Singapore as a construction contract consultant, preparing final account, loss & expense and Extension of Time (EOT) claims, as well as assisting in contract administration and arbitration proceedings. During this period Lynnda worked on several major time/cost claims and arbitrations in relation to a landmark casino and resort development in Singapore, the construction of a light rail transit system, highway and infrastructure works, oil & gas terminal, airport terminal building and a major tunnelling project in Malaysia. At the same time she read law with the University of London.

    Since joining CSi, Lynnda has taken a leading role in managing dispute resolution proceedings, reviewing and drafting of claims, adjudication/arbitration submissions, and acting as delay and quantum expert witness in adjudication, arbitration and court. She also practice as In-House Counsel where she hold appointments from construction and engineering companies, providing advice on commercial/construction contracts and other non-contentious matters.

    She is the trainer for the Malaysia event.
  • Lee Baker, Senior Director, Forensic & Litigation Consulting

    Lee is a planner, delay analyst and a senior director in the Construction Solutions Practice at FTI Consulting and is in based Singapore. He has multiple appointments as an expert witness and has testified in the High Court of Singapore.

    Lee has nearly 15 years' industry experience and specialises in time-related matters and programme risk management. He has been appointed to prepare expert reports and regularly advises clients on dispute avoidance and resolution.

    His geographical experience includes projects located in: China, India, Indonesia, Malaysia, Singapore and United Kingdom, to name a few.

    Lee is a Fellow of the Chartered Institute of Arbitrators and has published articles on planning risk and BIM implementation: "Project Finance: Construction risk", published in Civil Engineering Surveyor magazine (The Journal of the Chartered Institute of Civil Engineering Surveyors), September 2016; and "Building Virtually for Eternity: Contractual Considerations for the BIM Environment", published in Who's Who Legal, August 2017.

    He is the trainer for Philippines' run.

Price

Available in Singapore:
Funding by the Employment and Employability Institute (e2i) is available for Singaporeans and Permanent Residents (whether you work at SMEs or non-SMEs) and is capped at SGD90/participant.
  • Revised pricing in 2020 RICS/RISM professional
    U.P. MYR 550 MYR500
  • Revised pricing in 2020 Non RICS/RISM professional
    U.P. MYR 700 MYR600
  • Visa

  • Mastercard

From
MYR500