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Contract Drafting and Risk Management in the Construction Industry

Contract Drafting and Risk Management in the Construction Industry

Level Intermediate
Duration 10 minutes

This course provides an understanding of contract drafting and risk management in the construction industry. The course will cover the principles of contractual interpretation, the role of "business common sense" in contractual certainty, and the impact of statutory time periods on contractual terms.

Accreditations & CPD

Suitable for CPD requirements of RICS, CIOB, ICE, APM, and PMI members.

Learning Outcomes

By the end of this course, you should be able to:

• Understand the importance of clear drafting and proactive risk management in the construction industry
• Understand the significance of clarity in contract terms, particularly in the construction industry, where statutory time periods apply
• Examine the impact of judicial trends that emphasise "business common sense" over contractual certainty
• Describe the significance of taking advice from a specialist for proper risk management

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