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Online Training

Construction Project Management: Variations Management

This session will take you the best practice contract procedures for the variation of a contract, using JCT 2016 as a basis, including how to issue instruction, keeping records and how to value variations.

Date:
Thu 24 Jan 2019
Time:
03:00 PM - 04:30 PM
Venue:
Online
CPD:
1.5 hrs Formal CPD
From
£50 + VAT

Overview

A variation to a contract is one of the main reasons that a contract can fall into dispute. To avoid this potentially costly delay, issuing, valuing and then managing a variation to a contract properly is extremely important

Learning outcomes

  • Understand the definition of a variation
  • Be aware of provisional sums and their consequences
  • Apply your knowledge to valuation of variations
  • Prepare and value variations
  • Keep records to manage the variation process.

Course pre-requisites

The course is aimed at Construction Professionals, both on the client side and Main Contractor / Subcontractor sides of the Building and Construction spectrum. In particular Commercial Managers and Surveyors from Main Contractors, along with client side Surveyors, Project Managers, Employers Agents, Contract Administrators and Architects.

Course content

  • Introduction to Variations
  • Definition of a Variation
  • Formats of Instructing Variations
  • Provisional Sums ( Defined and Undefined )
  • Methods and examples of Valuing Variations
  • Variation Management
  • Record Keeping
  • Change control procedures
  • Summary

Who should attend?

  • Commercial Managers of Construction Companies
  • Quantity Surveyors ( Main Contractor, Subcontractor and Client Side )
  • Project Managers
  • Employers Agents
  • Contract Administrators
  • Architects All Building Professionals associated with building and construction projects.
From
£50 + VAT