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June 12 Webinar in London to further explain new CIOB Contract for Complex Projects

PM EDUCATION NEWS

6 June 2013 – The Chartered Institute of Building (CIOB) will offer a third free webinar to explain their new Complex Projects Contract 2013 (CPC2013), the world’s first contract specifically aimed at the management of time in complex construction and engineering projects.  As a result of popular demand, the CIOB are holding a third free webinar introduced by Adam Constable QC, explaining the background to CPC2013, its intended use, key themes, and features, the major differences between this and other forms currently available.

ciobThis broadcast will be on

Wednesday 12 June 2013

12 noon BST (GMT-1) 

Following the broadcast there will be an open Q+A session.  To register, click here.

The Complex Projects Contract 2013 (CPC2013) focuses on managing time to ensure projects are delivered to specification on budget and without delays. Unlike existing contracts, which target failure through only through financial compensation or encouragement in the hope that improvement can be made, CPC2013 provides the procedures to enable parties to manage time (and cost) risk events in a modern and proactive fashion.  It is also the first standard form contract to cater for Building Information Modelling (BIM) and the future of collaborative design.

According to the CIOB, current standard forms of contract do not encourage, and in some cases actually inhibit, the competent management of time making them unsuitable for controlling the risk of time and cost escalation on complex projects.  According to CIOB research [1] 87% of complex building projects were late and of those delayed 60% were completed more than 6 months late.

The contract is part of the CIOB’s agenda to establish a culture of managing time in construction. In 2011 the Institute published the ‘CIOB Guide to Good Practice in the Management of Time in Complex Projects’ [2] which was followed by the CIOB Project Time Management Qualification [3] in 2012.  For further details about the new contract, please see http://www.ciob.org.uk/CPC.

The Chartered Institute of Building (CIOB) is at the heart of a management career in construction. Their focus is on those entering and already in a management career in construction, by delivering qualifications and certifications that meet the needs of a changing industry.  The CIOB works with members, employers, academia and governments across the globe to drive forward the science, practice and importance of management in construction. Further information is available by contacting Saul Townsend on [email protected] or +44 (0) 1344 630 766.