Commercial Management for Contractors & Subcontractor

• Commercial Management Fundamentals
• Overview of commercial management in the construction industry
• Key concepts and terminology
• Importance of commercial management in project success
• Contract Management
• Types of contracts and their implications
• Contract negotiation and administration
• Managing contract variations and changes
• Dispute resolution and claims management
• Risk Management
• Identifying and assessing commercial risks
• Developing risk mitigation strategies
• Implementing risk management plans
• Monitoring and reviewing risk management performance
• Financial Management
• Budgeting and cost control
• Cash flow management and forecasting
• Financial reporting and analysis
• Managing financial risks and opportunities
• Communication and Collaboration
• Effective communication strategies
• Building and maintaining relationships with stakeholders
• Conflict resolution and negotiation techniques
• Collaboration and teamwork principles
• Commercial Best Practices and Industry Standards
• Overview of industry standards and best practices
• Compliance with regulations and laws
• Ethical considerations in commercial management
• Continuous improvement and professional development

1ST BATCH: Tuesday, February 10, 2026 — Friday, February 13, 2026.

2ND BATCH: Tuesday, June 2, 2026 — Friday, June 5, 2026.

3RD BATCH: Monday, September 28, 2026 — Wednesday, September 30, 2026.

The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.