90% of EPC projects experience change orders, leading to increased costs and schedule delays, according to recent studies. Furthermore, 50% of these EPC contracts lack proper performance guarantees, leaving the buyer vulnerable to subpar performance from the contractor. These statistics highlight the importance of effective EPC contract management and negotiation to ensure project success and minimize risk.

This certified program will impart you with all aspects of the EPC contract process, from contract formation to close-out, and will provide you with in-depth insights into the key legal, financial, and technical aspects of EPC contracts. Participants will learn about the critical elements of an EPC contract, including scope of work, pricing, payment terms, and performance guarantees, and will explore best practices for contract administration, including performance monitoring, handling change orders, managing claims, and resolving disputes.

With a focus on practical knowledge and skills, this program will also empower participants with the ability to effectively address project delays, variations, claims, damages, and non-performance when a project goes awry. Additionally, participants will learn how to utilize effective dispute resolution processes, such as mediation, arbitration, and expert determination, to resolve any disputes that may arise.

Upon successful completion of the program, you will earn the coveted Certification in EPC Contracts Management and Negotiation. This certification will elevate your professional credentials and showcase your mastery of the critical knowledge in effectively managing EPC contracts and negotiating successful outcomes. This industry-recognized certification holds lifelong validity, offering a testament to your expertise and commitment to excellence in engineering and procurement contract management.

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