Project Delay Management and Claim Assessment Master Class

Training course overview

This online Master Class will enlighten coverage afforded by such time-related insurance policies and how claims are triggered. Common policy issues relating to delays in projects and reasons for the delays will be addressed. Various types of incident scenarios will be shared, and application of the policy cover will also be considered.

The online session will be handled by an experienced Facilitator who is very familiar with this subject matter. He has decades of this subject handling experience. He will use adult learning methods incorporating inter-active formats to share his course material. Case studies and in-depth discussion dialogues will be used to enhance the learning process.

What are the goals?

By the end of this Coventry Academy online training course, you will be able to:

• Understand How These Project Delay Insurance Policies are Arranged and the Protection Afforded
• Learn the Underwriter’s Consideration at the Time of Underwriting the Risk
• Appreciate the Claims Handling Aspect of this Subject Matter
• Highlight Type of Projects that Require Such Coverage
• Apply Some of the Concepts Relating to Project Delays and How it Affects the Contract Arrangements

Who is this training course for?

The online training course is primarily designed to cater for project personnel and construction industry technical staff but not limited to Project Engineers, Project Managers, Quantity Surveyors, Consultants, Building Surveyors, Financial / Banking officials and representatives of Government agencies and utility companies.

Course Outline

Amongst a wide range of valuable topics, the following will be prioritised:

• The Need for Such “Delay” Insurance Cover for Infrastructure, Industrial and Manufacturing Buildings Projects
• Typical Examples of Project Delays and How it Affects the Completion Dates
• Role(s) of the Project Consultants and Project Managers to Deal with Delays
• The Use of Project Management Softwares to Monitor and Identify Project Delays
• Key Points in Project Delays and “How to Catch Up"
• Drawing up a Revised Work Program and Relevant Clauses in the Conditions of Contract
• Key Clauses on “Delays” from the FIDIC Contract
• Application of the L.A.D and E.O.T Aspects
• How the Relevant Insurance Policies Respond and the Relevant Peril(s)
• Specific Clauses and Endorsements That Apply for this Special Insurance Cover
• Discussion on How Such Claims are Handled and Managed

The certificate

• Coventry Academy e-Certificate of Attendance will be provided to delegates who attend and complete the course