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Essentials of Contracts Management and Administration Online Course. (eBook)

Type: e-book
Genre: Engineering
Language: English
Price: ₹900
(Immediate Access on Full Payment)
Available Formats: PDF

Description

Preface

By Shaik Faiazuddin, LL.M (UK), MRICS, PMP, CEng, MCIArb, PE, MICCP, PMI-RMP, MCIPS, MBA
In an era where contracts govern nearly every facet of business and infrastructure, the ability to manage and administer them effectively is not just a technical skill—it is a strategic imperative. Over the course of my professional journey, spanning multiple sectors and continents, I have witnessed firsthand the transformative power of sound contract management. It is this conviction that inspired the creation of Essentials of Contracts Management and Administration Online Course.

This book is designed to serve as both a foundational guide and a practical resource for professionals at all levels—whether you're just entering the field or seeking to refine your expertise. It distills complex concepts into accessible modules, integrating legal principles, project realities, and industry best practices. From contract formation and negotiation to administration, claims, and closeout, each chapter is crafted to build competence and confidence.

The contents of this book are a reflection of my personal journey—one shaped by over three decades of hands-on experience in the field of project and contracts management. During my tenure with globally respected organizations such as Aramco, SABIC, Qatar Petroleum, Qatari Diar, and Bechtel, I had the privilege of contributing to the execution of multibillion-dollar, complex projects across diverse sectors and geographies.

Throughout these years, I encountered both challenges and breakthroughs. I observed recurring shortfalls in contract execution and administration, and through careful analysis and strategic adaptation, I developed and applied solutions that consistently led to successful outcomes. These lessons—earned through practice, not theory—form the backbone of this book.

In parallel with my professional work, I’ve had the honor of training over 5,000 professionals in subjects ranging from project management and contracts administration to cost engineering, claims, arbitration, alternative dispute resolution, and procurement management. Their questions, insights, and real-world dilemmas have enriched my perspective and helped shape the structure and content of this course.
The inspiration to write this book was born out of a deep concern for the recurring challenges I observed across the construction industry. Over the years, I’ve witnessed countless companies—large and small—struggle due to the absence of a structured, systemized approach to contract administration. These gaps often led to financial losses, operational chaos, and a gradual erosion of credibility and brand reputation in the market.

My interactions with students, professionals, and industry leaders further reinforced this reality. During my visits to various colleges and universities, I shared my vision for this book and emphasized the urgent need for practical, accessible knowledge in contracts management. The response was overwhelming, and it became clear that there was a genuine hunger for guidance rooted in real-world experience.

My aim is to bridge the gap between theory and practice, offering readers not just information, but insight. The content reflects my academic grounding in law and business, as well as my hands-on experience as a Chartered Engineer, Arbitrator, and Project Management Professional. It is enriched by global perspectives and shaped by real-world challenges.

The contents covered in this Book are The definitions of Contracts Administration and Contracts management, the fundamentals of managing a contract, real life examples, scenarios, the stages in a Contract, and finally the activities covered while managing a Contract

I extend my sincere gratitude to the mentors, colleagues, and learners who have contributed to this journey. Their questions, feedback, and shared experiences have helped shape the direction and depth of this work.

I invite you to engage with this course not just as a reader, but as a practitioner—ready to lead, negotiate, and deliver with integrity and precision.

Warm regards,
Shaik Faiazuddin

About the Author

Foreword

Shaik Faiazuddin, the Author is a seasoned civil engineer with an MBA in International Business and an LL.M in Oil, Gas & Renewable Energy from Robert Gordon University, UK. His dissertation focused on the synergy of Saudi Arabia's legal framework and strategic initiatives like Vision 2030, aiming to attract foreign investment in renewable energy and achieve net zero emissions.

Shaik Faiazuddin as well possess industry related certifications namely MRICS, PMP, MCIArb, MICCP, Peng, CEng and FIIV. His expertise covered a robust 30 years international experience from where he gained the substantial knowledge while working in major organisations like Aramco, SABIC, Qatar Petroleum, Bechtel, Oryx GTL, Qatari Diar and McDermott.

Shaik Faiazuddin has extensive experience in managing major projects across various phases, including concept development, FEED, design, tendering, negotiation, and contract management. His leadership has effectively driven the successful completion of giga-projects within the Kingdom of Saudi Arabia, including strategic PMO development and digital transformation initiatives.

He has spearheaded the creation of governance frameworks, risk mitigation plans, and value engineering initiatives that enhance operational efficiency across infrastructure, real estate, oil, gas, and renewable energy sectors. From developing procurement and contracting policies to implementing SAP Ariba for digital procurement, his contributions have continually raised benchmarks in contract management excellence.

Over 30+ years, he led the full contracts and commercial management lifecycle across $Billion+ projects from concept through FEED, design, tendering, negotiation, claims, and close-out in oil & gas, EPC, infrastructure, rail, transport, real estate, and renewables.

Through this journey, he built PMO, PMC, and PMT functions, developed corporate-level policies and procedures for contracting, supply chain, and project management, and pioneered value engineering, risk mitigation, innovation, and digital transformation frameworks across KSA, GCC, North America, and global markets.

To transform his expertise and share his knowledge with the young generation, industry professionals, Shaik Faiazuddin authored 9 books covering the following topics. Practicing contracts management and effective utilization is instrumental in achieving a project success and a student who masters this course will perform his role strategically and ensures the companies save millions of dollars in profit and protects them against claims, risks and delays. The designed courses are based on his knowledge gained over three decades and noteworthy to mention they are not taught in the colleges as a curriculum.

The Author,
Shaik Faiazuddin, LL.M (UK) MRICS PMP CEng MCIArb PE MICCP PMI-RMP MCIPS MBA

Book Details

Number of Pages: 34
Availability: Available for Download (e-book)

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