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Organisations pushed to achieve tough targets and develop collaborative processes that ensure projects deliver outstanding results are increasingly embracing open book contract management. Open book processes involve sharing cost information within each organisation, and across organisations in the supply chain. They also encourage more robust contract management through lean processes and risk management. It helps establish the actual cost of a project, as well as a basis for performance improvement incentives.
The course focuses on the use of open book accounting techniques when operating cost reimbursable construction contracts such as the NEC3 options C, D and E, the JCT Constructing Excellence contract, the IChemE Green and Burgundy Books and the Public Sector Partnering Contract. By using your existing knowledge of relevant contractual processes as a basis, you will develop an understanding and a strategy for implementing effective open book contract management systems and processes leading to improved efficiencies in the supply chain.
This course will benefit all client and contract partner staff who wish to develop and improve their practical understanding of the Open Book tools and techniques which support collaborative working in the supply chain.
The course gives delegates the chance to appreciate how the learning may apply directly in their workplace. This structure will also provide the delegates with the opportunity to share experiences and ask further work-related questions.
Driven by an open book contract expert to help you develop an understanding and a strategy for implementing effective open book contract management systems and processes, the session is designed to provide practical training that will allow you to relate the content to your personal situations.
Below are just some of the topics covered:
Your presenter is an experienced Chartered Surveyor, having worked in both professional practice and for contracting organisations. During this time he has been responsible for the commercial management of major infrastructure projects and provided advice and practical support/guidance to many public and private sector organisations in the design, development and implementation of open book systems that work effectively as required by NEC3 EEC Options C and D.
Recent examples of his NEC3 projects include:
He is also the author of ‘Open Book Accounting – How to Deliver and Demonstrate Value for Money in the Public Sector’.