During this program, the professional will learn about the modern methods and techniques of Commercial / Project Management in Construction. The Certificate of Commercial Management established clear criterion for international project.

Introduction to Commercial Construction Management

Value Engineering vs. Commercial Valuation

1. Value For Money (VFM) Reviews
   
2. Commercial Management
3. Capitalization Vs Operation Cost
4. Value Engineering
5. Cost Management
6. Cost Estimating
7. Budget Development

Contract Management and Claims

1. Value for Money
   
2. Claim Tracking and Monitoring
3. Claim Submittal
4. Key Performance Indexes
5. Claim Development
6. Contract Change Identification
7. Contract Execution
8. Contract Development and Templates

 Construction Law and Contracts

1. Evaluate issues of agency, vicarious liability, and contract responsibility
   
2. Differentiate the rights and liabilities of contractors and design professionals, including mechanic's lien, stop notice and payment bond
3. Differentiate between mediation, arbitration, and court trials for dispute resolution
4. Analyze contracts and identify risks associated with contract language and clauses

Documentation and Evidence-based Issue Registration

1. Validation
   
2. Communications
3. Document Control
4. Deliverables Matrix
5. PDRI
6. International Cost Measurement System
7. Quantity Surveying
8. Documentation and Evidence

Change Management

1. Updating the Project Programme and Recording Actuals
   
2. Change Control and Tracking
3. Performance Measurement
4. Rough Order of Magnitude
5. Forecasting
6. Change Management / Variations Analysis

 Changes impact on Construction Contracts

1. Detailed Estimating
   
2. Development Estimate System Manual
3. FEL/Gate System
4. Risk Management
5. Contingency Calculations
6. Integrated Planning Session
7. Budget Establishment
8. Analyze complex plans, identify specifications, and scope of use, and organize construction assembly details as well as Demonstrate building code compliance by accessing information from plans and specifications

Cost Engineering

1. Cash Flow Development
   
2. Updating the Project Programme and Recording Actuals
3. Measuring Productivities
4. Key Performance Indexes
5. Earned Value
6. Cost to Complete
7. Change Management / Variations Analysis
8. Baseline Schedule

Dispute Management

1. Dispute Resolution
   
2. Litigation
3. Arbitration
4. Communication
5. Change Control
6. Claims