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Types of Construction Contracts - Practical Approach
Published 1/2026
Duration: 2h 58m | .MP4 1920x1080 30fps(r) | AAC, 44100Hz, 2ch | 1.17 GB
Genre: eLearning | Language: English
A Practical Guide to FIDIC, Lump Sum, Re-measure, Cost Plus & Design-Build Contracts for QS & Construction Professionals
What you'll learn
- Understand the different types of construction contracts
- Analyze the commercial and contractual implications
- Understand how risk, cost, and responsibility are allocated between Employer and Contractor under each contract type.
- Gain the knowledge and commercial judgment required to choose, administer, and manage construction contracts with confidence and professional clarity.
Requirements
- This course is designed for students and professionals with a basic understanding of construction projects. While there are no strict entry requirements
Description
Construction contractsare not merely legal documents; they are the commercial backbone of every project. The type of contract chosen at the outset determines how payments are made, how risks are allocated, how variations are valued, and how disputes are managed throughout the project lifecycle.
This course explainsTypes of Construction Contractsin a practical and industry-focused manner so you can clearly understand how each contract type influences payments, claims, time extensions, and commercial decision-making. Rather than relying solely on theory, the course links contractual principles to real-world project situations faced by Quantity Surveyors and Contract Administrators.
You will learn throughreal construction scenarios, comparison tables, and professional judgmentapplied on live projects. Complex contract mechanisms are broken down into simple language, enabling you to read, interpret, and administer contracts with confidence and clarity.
Major contract forms - includingLump Sum, Re-measurement, Cost Plus, Design & Build, EPC, and FIDIC-are explained with their advantages, disadvantages, and risk distribution between Employer and Contractor. The course demonstrates why the same variation or delay is treated differently under different contracts and how payment mechanisms affect contractor behaviour and cash flow.
This course builds practical commercial awareness rather than academic theory. It helps you select the right contract strategy, manage correspondence professionally, avoid common contractual mistakes, and strengthen your competence for career growth andRICS APC / SPA / MRICSpreparation.
Who this course is for:
- Undergraduate and graduate students in the built environment.
- Junior to mid-level QS, Site Engineers, Planners, Contract Administrators, PMs.
- Professionals preparing for RICS APC / SPA / MRICS
More Info
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