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Knowledge for the world business leaders C L A R I D E N 2 - 5 June 2015

Sofi tel Brisbane Central

EPC Project Costs and Contract Management Week

2 Separately Bookable Seminars in 1 Location

Session A: EPC Contract Management and Administration2 - 3 June 2015, Tuesday & Wednesday

The two sessions are designed to provide participants with the necessary skills on managing, negotiating and administering EPC contracts as well as the techniques to manage dynamic project cost functions to ensure time, cost and quality KPIs are being met in projects while mitigating risks involved and improving overall project value. Participantsare strongly encouraged to att end both sessions to maximize their learning and bring these skills back to their workplace.

Session B: EPC Project Costs, Schedule and Quality Control4 - 5 June 2015, Thursday & Friday

• Leading Authority in EPC sector with more than 25 years of experience, specializing in Oil & Gas,Finance and Commerce

• Adjunct Professor at University of Adelaide and Queensland University of Technology specializing in the domains of project and risk management, fi nancial accounting, fi nance and auditing

• Led the Government’s fi nancial and economic agenda within Queensland Public Sector with a highinvolvement in risk management (strategic and operational), commercialization of multiple business unitsand the reporting to the executive and governing board of directors

Dr. John Sing

This Program Has Been Independently Certifi ed and Accredited by CPD, an Internationally Recognized Certifi cation Board

Dr John Sing is a leading practitioner with more than 25 years of proven experience in Engineering, Procurement and Construction (EPC) contract management and EPC project management. Throughhis company, he had consulted numerous global organizations on EPC contracts and EPC project management, focusing on areas such as risk mitigation project scoping, scheduling, costing and reporting. He is currently involved in the development and delivery of specialized project and riskmanagement programs in capital intensive project-based organizations such as Royal Dutch Shell where he is the principal facilitator for courses within the Europe and North American region.

Through these two interrelated programs, John will show you how to eff ectively navigate ambiguitiesand high-risk clauses in your EPC contracts and share techniques in developing an eff ective EPCproject using Work Breakdown Structure and Earned Value Management. Following the programs,you will possess the confi dence to deal with any EPC situation effi ciently and safeguard your organization from costly delays, cost overruns, disputes and liabilities while proactively creating the most value for your organization’s investment.

Director & CEO Ramafi n Pty Ltd.

Dr. John Sing

Program:

Dates: Location:

EPC Contract Management and Administration2 - 3 June 2015Sofi tel Brisbane Central

EXECUTIVE SUMMARY

2Contact Admissions Offi ce at +61 3 9909 7310 | [email protected] | www.claridenglobal.com

2015 Clariden EPC Project Costs and Contract Management Week

EPC Contract Management and AdministrationSession A: 2 - 3 June 2015, Sofi tel Brisbane CentralThis Program Has Been Independently Certifi ed and Accredited by CPD, an Internationally Recognized Certifi cation Board

• Leading Authority in EPC sector with more than 25 years of experience, specializing in Oil & Gas, Finance and Commerce

• Adjunct Professor at University of Adelaide and Queensland University of Technology specializing in thedomains of project and risk management, fi nancial accounting, fi nance and auditing

• Led the Government’s fi nancial and economic agenda within Queensland Public Sector with a high involvement in risk management (strategic and operational), commercialization of multiple business units and the reporting to the executive and governing board of directors

Dr John Sing is a leading practitioner with more than 25 years of proven experience in Engineering, Procurementand Construction (EPC) contract management and EPC project management. Through his company, he had consultednumerous global organizations on EPC contracts and EPC project management, focusing on areas such as riskmitigation project scoping, scheduling, costing and reporting. He is currently involved in the development anddelivery of specialized project and risk management programs in capital intensive project-based organizations suchas Royal Dutch Shell where he is the principal facilitator for courses within the Europe and North American region.

John, a Clariden Global Faculty Director, constantly receives excellent ratings for his engaging delivery and insightfulcontent. He will engage you in in-depth discussions, highly relevant case studies and hands-on exercises to maximizeyour learning experience.

Through these two interrelated programs, John will show you how to eff ectively navigate ambiguities and high-riskclauses in your EPC contracts and share techniques in developing an eff ective EPC project using Work BreakdownStructure and Earned Value Management. Following the programs, you will possess the confi dence to deal with anyEPC situation effi ciently and safeguard your organization from costly delays, cost overruns, disputes and liabilitieswhile proactively creating the most value for your organization’s investment.


Early Bird 1 (Register & pay by 14 April 2015):Early Bird 2 (Register & pay by 12 May 2015): Regular Tuition Fee:

Group discount of 10% for 2nd participant from the same organization. For limited time only by 12 May 2015 register 3 participants and the 4th participant will receive a complimentary seat (One discount scheme applies).

AU$2,890AU$3,090AU$3,190

“Dr. John Sing has an excellent delivery manner and engaged people in the discussions. He has a sound knowledge of thematerial specifi c to the Oil & Gas industry. I found his guidance and approach to the various topics such as risk management,

f

contract strategy, and contract management to be very benefi cial and practical.”fi f

- 4 day workshop Houston December 2012 -“John facilitation style was conducive to learning”

- 1 day workshop Brisbane May 2013 -

According to a study conducted by Independent Project Analysis, the highly preferred EPC contract choice, EPC Lump Sum contracts, have a high failure rate of 61%, indicating that disputes and litigation issues will arise during the sett lement process.

Today’s Engineering, Procurement and Construction (EPC) projects are becoming more complex and implemented on a much larger scale with large contract values. You need to have a clear strategy on how to draft , manage and negotiate your EPC contracts in a way that protects your organization from costly delays, cost overruns, disputes and liabilities.

This highly interactive 2-day program will equip you with a clear understanding on how to negotiate, draft and manage your EPC contracts. It covers the EPC contract life cycle, from concept to delivery and performance, advise you on where value is won and lost, how do you build a relationship with the vendors, what are your liabilities and indemnities, handle dispute resolution and manage claims. You will gain insights on important considerations when awarding EPC contracts and how to determine the right key performance indicators, reward structure and terms and conditions to achieve your desired project outcome. Led by Dr. John Sing, a leading authority in the Oil & Gas Industry, participants will be engaged in real world case studies on successful EPC contract management from large players to the smaller vendors. You will also hear where EPC contracts have been poorly structured, result in rising signifi cant costs for companies. Whether you are a seasoned professional or brand new to contract management, this program will allow you to truly understand the commercial aspects of contract management in which EPC contractors are required to adhere to.

ProgramEssence:


PROGRAM INTRODUCTION

In EPC projects, a contract that is not managed, controlled, monitored and implemented properly results in seriousrepercussions to the client and the contractor as well as to the consultant company, vendor and sub-contractor. Failureto meet the goals that they had for the project associated with the contract will lead to signifi cant problems such asdelayed schedules, cost overruns, quality, safety as well as costly litigation processes and disputes in the sett lementprocess.

This highly interactive and comprehensive 2-day executive program is designed to provide you with a workingunderstanding of the importance of time, cost and quality in EPC projects and how grasping the concepts surroundingthe main elements of EPC contracts and their key risk issues will help to reduce your fi rm’s risk when dealing withyour EPC project partners. You will learn how to develop your very own EPC contract management plans, strategiesand tactics to protect your company from uncertainty and complexities amid the dynamic and ever changing businessenvironment which your fi rm operates in.

Designed for non-legal professionals who are involved in third-party contracting, this program will engageparticipants in in-depth discussions, case studies and hands-on experience to maximize your learning experienceand manage future EPC contracts eff ectively. Led by Dr. John Sing, a leading authority in EPC contract managementwith rich experience in the oil & gas industry, he will impart proven techniques to minimize your fi rm’s liability inyour EPC contracts and safeguard against ambiguities and risky clauses within your contracts.

At the end of the program, you will leave with the necessary skills and techniques on how to manage and administerEPC contracts to improve project value, mitigate risk and ensure a successful outcome. Also, you can be assured tohave all the bases covered to protect your company from costly and ineff ective contractual arrangements.

WHO WILL BENEFIT THE MOST

This course is designed for Contract Administrators, Contract Managers & Contract Professionals, Supply Offi cers,Buyers, Purchasing Professionals and Procurement Offi cers, Project Co-ordinators, Project Managers and otherProject Professionals, Claims Personnel, including Legal Advisers, Contract Strategists and Business Audit Offi cers,Sales and Marketing Managers, Claim Managers, Business Development Managers, Supply Managers, Trade andExport Finance Managers.




PROGRAM AGENDA

DAY ONE

PROJECT DELIVERY SYSTEM OPTIONS• Understanding the business need• Consideration of the various project delivery system options• Review of common procurement structures, including Build-only, EPC, EPCM, Partnering and more• Selecting the most appropriate option

EPC CONTRACTS – NATURE AND KEY ELEMENTS• The key clauses in any construction contract are those which impact on:

o Timeo Costo Quality

ANALYSIS OF KEY RISK ISSUES FOR EPC CONTRACTS• Principles of risk allocation in EPC contracts• Protecting and realizing project value• Understanding the impact on time, cost and quality• Case study application

DEVELOPING THE EPC STRATEGY• Consideration of the business need and risks• Understanding the market• Importance of market sounding • Seeking approval

• Get an appreciation of the various EPC contracting structures, and the pros and cons of diff erent structures

• Analyze the key risks surrounding EPC contracts• Learn how to select an appropriate contracting model and understand the severity of the consequences

of making the wrong selection• Examine real EPC contracts and learn how they are developed and formulated• Discover the issues involved in negotiations with contractors to negotiate your EPC contracts

eff ectively• Devise strategies to deal with EPC sourcing and awarding issues• Establish a cross-functional team with the skills to deliver eff ectively within this high risk/reward

sector• Gain comprehensive understanding of managing risks and risk allocation clauses for EPC projects

and services• Develop KPIs for EPC contracts to adhere to costs, time and quality• Eff ective reporting for management decision making

LEARNING OBJECTIVES

CPD CERTIFICATION DETAILS

This course has been independently certifi ed as conforming to accepted CPD guidelines. On average, thisexecutive program contributes 16 hours towards your CPD.

Delegates must register at the start and close of each workshop to be awarded a certifi cate of completion.




DAY TWO

DEVELOPING THE EPC TACTICS• Terms and conditions• Reward structures• Key specifi c clauses • Performance clauses• Case study review

SOURCING AND AWARDING AN EPC CONTRACT• Importance of due diligence and fi nancial evaluation• Other considerations• Case study application

EPC CONTRACT MANAGEMENT AND ADMINISTRATION• What is contract management and why is it important?• Key elements to consider• Developing the contract management plan

OTHER EPC CONTRACT CONSIDERATIONS• Liquidated damages – what are they and are they eff ective• Managing contract variations• What is force majeure?• What are the key principles of Force Majeure

GENERAL PRINCIPLE IN DISPUTE RESOLUTION FOR EPC CONTRACTS• Having a staged dispute resolution process that provides for internal discussions and meetings aimed at resolving

the dispute prior to commencing action• Obliging the contractor to continue to execute the works pending resolution of the dispute



Program:

Dates: Location:

EPC Project Costs, Schedule and Quality Control4 - 5 June 2015Sofi tel Brisbane Central

EXECUTIVE SUMMARY



EPC Project Costs, Schedule and Quality Control Session B: 4 - 5 June 2015, Sofi tel Brisbane CentralThis Program Has Been Independently Certifi ed and Accredited by CPD, an Internationally Recognized Certifi cation Board

Dr. John Sing

• Leading Authority in EPC sector with more than 25 years of experience, specializing in Oil & Gas, Finance and Commerce

• Adjunct Professor at University of Adelaide and Queensland University of Technology specializing in the domains of project and risk management, fi nancial accounting, fi nance and auditing

• Led the Government’s fi nancial and economic agenda within Queensland Public Sector with a high involvement in risk management (strategic and operational), commercialization of multiple business units and the reporting to the executive and governing board of directors

Dr John Sing is a leading practitioner with more than 25 years of proven experience in Engineering, Procurement and Construction (EPC) contract management and EPC project management. Through his company, he had consulted numerous global organizations on EPC contracts and EPC project management, focusing on areas such as risk mitigation project scoping, scheduling, costing and reporting. He is currently involved in the development and delivery of specialized project and risk management programs in capital intensive project-based organizations such as Royal Dutch Shell where he is the principal facilitator for courses within the Europe and North American region.

John, a Clariden Global Faculty Director, constantly receives excellent ratings for his engaging delivery and insightful content. He will engage you in in-depth discussions, highly relevant case studies and hands-on exercises to maximize your learning experience.

Through these two interrelated programs, John will show you how to eff ectively navigate ambiguities and high-risk clauses in your EPC contracts and share techniques in developing an eff ective EPC project using Work Breakdown Structure and Earned Value Management. Following the programs, you will possess the confi dence to deal with any EPC situation effi ciently and safeguard your organization from costly delays, cost overruns, disputes and liabilities while proactively creating the most value for your organization’s investment.


Early Bird 1 (Register & pay by 14 April 2015):Early Bird 2 (Register & pay by 12 May 2015): Regular Tuition Fee:


AU$2,890AU$3,090AU$3,190

“Dr. John Sing has an excellent delivery manner and engaged people in the discussions. He has a sound knowledge of the material specifi c to the Oil & Gas industry. I found his guidance and approach to the various topics such as risk management, contract

f

strategy, and contract management to be very benefi cial and practical.”fi f

- 4 day workshop Houston December 2012 -“John facilitation style was conducive to learning”

- 1 day workshop Brisbane May 2013 -

According to McKinsey’s detailed Engineering, Procurement & Construction (EPC) report, Asia Pacifi c is projected to receive a massive US$8 trillion in Engineering, Procurement & Construction (EPC) funding for the next 10 years.

Leveraging on this tremendous growth brings with it a myriad of challenges in the execution of increasingly complex and large scale projects coupled with stringent restrictions posed by local governments. These challenges when not managed carefully will bring about damaging repercussions, such as substantial cost overruns, compromised quality and delays in the project timeline, bringing about detrimental eff ects to the reputation of EPC contractors.

The International Journal of Science and Engineering also uncovered that almost one third of EPC projects experienced cost overruns of 150% - 200% of the original cost estimate - a staggering blow to any organization’s bott om line. However, it is noted that most of these fi nancial losses could have been mitigated by effi cient and eff ective project management.

This highly engaging 2-day program, led by Clariden’s leading faculty director Dr John Sing, will provide you with essential skills required to ensure eff ective cost control and planning to prevent budget overruns, ensure quality and keep up with timelines eff ectively to gain your client and organization’s trust. Being a veteran with over 25 years of industry experience in EPC project management, John will also provide you with cutt ing-edge insights from the latest industry case studies surrounding project planning, project scoping and project risk management for you to devise and plan your own projects eff ectively and ensure that your project objectives will be met. At the end of the program, you will master essential techniques and gain the confi dence to successfully manage and complete any EPC project.

ProgramEssence:

PROGRAM INTRODUCTION

With increasing project sizes, scale and market maturity, the Asia Pacifi c EPC sector faces uphill challenges amidst high growth potential. Managing EPC projects require special leadership skills and awareness to harness the challenges and thereby to create opportunities for success. This success is directly underpinned by focusing on effi cient management of time, cost and quality. EPC project environment is uncertain and projects must be operatednot only within this uncertainty, but also with many other multiple constraints. Hence, understanding a project lifecycle is important between stakeholders and resources to achieve the desired outcome.

This highly interactive 2-day program is designed to provide you with an eff ective set of skills and knowledge and lead your project team eff ectively to manage the dynamic cost function from a commercial point of view. You will discover the interrelationship among various activities within the EPC project lifecycle and how each activity is equally critical in the success of your projects. John will discuss the downside and upside risks involved within your EPC projects and provide strategies to accommodate them into your organization’s existing risk management processes, enhancing your ability to mitigate risks.

Designed for EPC contractors and companies involved in EPC projects, this program will address the three fundamental issues surrounding EPC projects - time, cost and quality. You will uncover strategies to devise acomprehensive EPC project work schedule and manage each activity effi ciently through the use of Work Breakdown Structure, Critical Path Analysis, Gantt Charts and Dependency Relationships. In addition, you will learn to develop accurate cost estimates for your projects and establish contingency allowances to cover for ‘triggered risks’ while ensuring your projects’ value is realized and protected by quality control. You will also be equipped with the capabilities to measure, interpret and report the progress of your projects to your management and relevantstakeholders through Earned Value Management. At the end of the program, you will leave this course with pivotal techniques and the confi dence to deal with any aspect of your EPC projects successfully.

WHO WILL BENEFIT THE MOST

This course is designed for Project Engineers, Owners/Managers, Project Controller, Planners, Scheduler, Consultant and Specialists, Programme Executive, Controller, Managers, Cost Controllers, Engineers and Managers, Construction Managers, Administrators, Procurement & Contract Managers, Administrators, EPC Contractors, Subcontractors and Equipment/Material Suppliers, Quantity Surveyors and Technical Directors.







PROGRAM AGENDA

DAY ONE

PROJECT DELIVERY AND REALIZING COMMERCIAL VALUE• Examination of the project lifecycle• Importance of delivering against

o Timeo Costo Quality

PROJECT DELIVERY SYSTEMS AND EPC CONTRACTS• Consideration of

o Project delivery systemso Understanding the business needo Contractual allocation of risk

• Nature and types of EPC contracts

FRONT END LOADING AND PROJECT PLANNING• Understanding the importance of front end loading• Consideration of the EPC ‘hot spots’• Case study review and implications

EPC PROJECT SCOPE• Identifying and specifying the requirements• Developing a work breakdown structure• Case study application

EPC PROJECT RISK MANAGEMENT• Confi rmation of the risk management process• Identifying and managing EPC risks• Case study application

• Expand insights on the various types of EPC Contracts and how each of them is viable for yourbusiness

• Discover the most suitable project delivery system option for your project to adhere to the allocated project budget

• Successfully manage the challenges in achieving time, cost and quality targets/goals• Identify and take control of the risks surrounding your EPC projects and avoid costly repercussions• Safeguard your EPC projects’ value through quality control and assurance• Report your project progress to your management in a clear and timely manner by harnessing the

capabilities of the Earned Value Management soft ware

LEARNING OBJECTIVES

CPD CERTIFICATION DETAILS

This course has been independently certifi ed as conforming to accepted CPD guidelines. On average, this executive program contributes 16 hours towards your CPD.

Delegates must register at the start and close of each workshop to be awarded a certifi cate of completion.



DAY TWO

EPC PROJECT SCHEDULE • Developing the schedule

o Consideration of the WBSo Critical path analysiso Dependency relationshipso Gantt chart

EPC PROJECT COSTS• Cost and estimation• Developing the cost estimate• Establishing the ‘contingency allowance’• Managing the cost estimate

MEASURING AND REPORTING PROJECT PROGRESS• Earned value management• Measuring, interpreting and reporting project progress

EPC PROJECT QUALITY CONTROL• Importance of quality control and assurance• Realizing and protecting project value

EPC PROJECTS • Summary and key takeaways


REGISTRATION PAGE

Knowledge for the world business leaders C L A R I D E NEPC PROJECT COSTS AND CONTRACT MANAGEMENT WEEK

2 - 5 June 2015 | Sofi tel Brisbane Central

Booking Contact (Approving Manager) Mr/Mrs/Ms:_____________________Job Title:_________________________ Department:_____________________Telephone:_______________________ Fax:____________________________Email:____________________________________________________________Organization:_____________________________________________________Address:___________________________________________________________________________________________________Postal Code:____________

I would like to receive more information on hotel accommodation using Clariden Global coporate rate.

Please register the following participant for this seminar.(Please tick □ to select your seminar(s). You may tick more than one.)

PAYMENT METHODS

GROUP DISCOUNTS

4 WAYS TO REGISTER

Email: [email protected]

Fax: +61 3 9909 7788

Call: +61 3 9909 7310

Website: www.claridenglobal.com

HOW TO REGISTER AND PAYAn invoice and registration confi rmation will be sent within 7 days, please contact us if you have not heard from us within 7 days. Payment can be made by credit card, by bank transfer or by cheque. ALL PAYMENTS MUST BE RECEIVED IN ADVANCE OF THE EVENT.

ACCOMMODATIONAccommodation is not included in the program fee but you will be entitled to use our corporate rate for your accommodation. Information will be sent along with your registration confi rmation.

CANCELLATIONS AND SUBSTITUTIONS

VENUE AND ACCOMMODATION INFORMATION

Once we have received your booking, the place(s) are confi rmed. No refunds will be made for any cancellations, however, program credits of equivalent value only applicable for Clariden Global events will be provided. Credits can only beredeemed for 1 program and is valid for only one (1) year from date of issue.Substitution with a qualifi ed candidate is allowed by providing at least 5 working days of advance notice to Clariden Global. One time substitution is allowed with no charges. Subsequent substitutions will be charged 10% admin fee.

Sofi tel Brisbane Central2 - 5 June 2015249 Turbot St, Brisbane QLD 4000, AustraliaTel: +61 7 3835 3535Fax: +61 7 3835 4960Website: htt p://www.sofi telbrisbane.com.au/index.html

ALL CANCELLATIONS MUST BE RECEIVED IN WRITTEN FORM

PLEASE NOTE: Clariden Global International Limited reserves the right to change the content and timing of the programme, the speakers and the date and venue due to reasons beyond their control. If in the unlikely event that the course is cancelled, Clariden Global International Limited will refund the full amount and disclaim any further liability.

ENQUIRIES: If you have any queries about registration or payment please do not hesitate to contact our client services department on +61 3 9909 7310.

PRIVATE DISCLOSURE STATEMENT: Any information provided by you in relation to this event is being collected by Clariden Global International Limited and will be held in the strictest confi dence. It will be added to our database for the primary purpose of providing you with information about future events and services.

Visit us at www.claridenglobal.com for upcoming events

FOR OFFICIAL USEFEE RECEIVED REFERENCE L5083_5227/JN/KY

Session

Session A: EPC Contract Management and

Administration (2 - 3 June)AU$2,890

AU$2,890

AU$3,090

AU$3,090

AU$3,190

AU$3,190Session B: EPC Project

Costs, Schedule and Quality Control (4 - 5 June)

1st Early Bird Fee Per

Participant (If payments

& registrations are received by 14 April 2015)

2nd Early Bird Fee Per

Participant (If payments

& registrations are received by 12 May 2015)

Regular FeePer Participant

PROGRAM FEES

1st Participant Name (Mr/Mrs/Ms):_____________________________________Job Title:___________________ Department:_____________________________Telephone:___________________________ Fax:___________________________Email:_____________________________________ Date of Birth:______________

2nd Participant Name (Mr/Mrs/Ms):_____________________________________Job Title:___________________ Department:_____________________________Telephone:___________________________ Fax:___________________________Email:_____________________________________ Date of Birth:______________

3rd Participant Name (Mr/Mrs/Ms):_____________________________________Job Title:___________________ Department:_____________________________Telephone:___________________________ Fax:___________________________Email:_____________________________________ Date of Birth:______________

4th Participant Name (Mr/Mrs/Ms):_____________________________________Job Title:___________________ Department:_____________________________Telephone:___________________________ Fax:___________________________Email:_____________________________________ Date of Birth:______________

Seminar(s): Session A Session B□ □





This course has been independently certifi ed as conforming to ac-cepted CPD guidelines. Delegates must register at the start and close of each workshop to be awarded a certifi cate of att endance. Participants may earn CPD hours aft er att ending this executive program

EARN CPD HOURS

BY CHEQUE / BANK DRAFT :Made payable to CLARIDEN GLOBAL INTERNATIONAL LIMITED and mail to: 3 International Business Park, #04-29, Nordic European Centre, Singapore 609927

BY TELEGRAPHIC TRANSFER TO:Bank Name: Standard Chartered BankBank code: 7144Bank Branch code: 001Bank Address: 6 Batt ery Road, #01-01 Singapore 049909Bank Account No: 0107775042Bank Account name: CLARIDEN GLOBAL INTERNATIONAL LIMITEDSWIFT Code: SCBLSG22

Please note that all bank charges are to be borne by participants. Please ensure Clariden Global International Limited receives the full invoiced amount.Note: Please include invoice number on all payment types and yourcompany’s name in your payment instructions for our reference.CREDIT CARD:To make payment by credit card, please call our client services hotline at+61 3 9909 7310.

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