Course description
Commercial Leases: A Discussion of Operating Expenses, Real Estate Taxes and Other Costs/Expenses
Step-by-step, real-life examples will allow you to identify and quantify delays before they occur, preventing unnecessary disputes and claims. Time truly is money, especially in construction. Consequently, being able to determine and document delay is a crucial skill. This topic will focus on the key terms, important contract provisions and the most successful approaches to the determination of delay. It will include a discussion of the importance of the critical path, the importance of the contemporaneous documentation, and the pitfalls associated with discredited analytical techniques. It will also describe the underlying legal concepts and decisions. Step-by-step, real-life examples will allow you to see how the concepts and techniques presented are actually applied. At the conclusion, you will be able to identify and quantify delays before they occur, preventing unnecessary disputes and claims.
Learning Objectives
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Who should attend?
Training content
- Key Terms
- Schedules–The Baseline and As-Planned Schedules–Scheduling Statusing and Updates–As-Built Information and Schedules–Contemporaneous Schedules–Schedules Created After the Fact
- The Critical Path
- FloatMeasurement and Determination of Delay
- Typical Construction Contract Time Extension Provisions
- Analyzing Delays That Have yet to Occur
- Analyzing Delays After They Have Occurred–Strengths and Weaknesses of Common Approaches to the Analysis of Delay–What Schedules Should Be Used?–The As-Built–Analyzing Delays Using the Contemporaneous Schedules–Example AnalysisDocumenting Delays
- The Importance of Contemporaneous Documents
- Schedule Reviews and Approvals
- Daily Reports, Logs and Diaries
- Notice
Costs
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Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...