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NEC4 ECC – early warning, Defined Cost and compensation events

NEC4 ECC – early warning, Defined Cost and compensation events

An in-depth look at the early warning, Defined Cost and compensation event provisions of the NEC4 ECC contract, with examples

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About this course

Knowledge

Covers early warning, Defined Cost and compensation events

Examples

Gives examples

Practical Use

Gives you the confidence to use this contract day to day

What You'll Learn

Early Warning

  • Early Warning
  • Early Warning examples

Defined Cost

  • What is Defined Cost and how is it used?
  • Assessing Defined Cost
  • The Schedules of Cost Components
  • Other provisions
  • Examples

Compensation events

  • Definition
  • What are the events?
  • The process, from notification to implementation
  • Assessing compensation events
  • Compensation event assessment examples
  • Project Manager assessments
  • Proposed instructions

Note, this course is an extract from the NEC4 ECC In Practice course

Study Online

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$149.00

Study In-Person

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What Others Say About Our Training

Anon
The training was comprehensive and a very good refresher of the NEC4 contract. The trainer covered many case scenarios; Also answered all questions from the floor.
I am already experienced in NEC4 contracts. This training further enhanced my understanding of some crucial points of contention.
Anon
The session had relevant workshops/ case scenario which helped me to understand NEC clauses in a better way.I was looking forward to understand…

majorly on Risk, EWN & CEV. It was clearly demonstrated with relevant examples and in-depth discussion with my team-mates, experts and planning expert from your side.

Anon

Reasonable understanding of the contractual requirements and the feedback on what is required under the contract…

Also discussed things which we are not doing correctly. Questions raised was answered.
Anon

Steve and Raine are very professional and experienced in their area. They responded to all our questions. They Understand the procedure required for design change scope

Anon

The course was beneficial, and I enjoyed the workshops. The section on scheduling related to compensation events was relevant and…

helpful to me and the stages of learning was interesting and relatable.

Anon
We went through the matters that we are facing at them moment and subjects that I would like to learn more, which was very helpful for me.

It covers all the information that I require to know in my role, and helped me to gain more knowledge and understanding about the NEC4 contract.

Anon
Very clear and concise training. It was great that it was tailored for the sw contract and there were specific examples as well.

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