Contract Strategies for Major Projects: Mastering the Most Difficult Element of Project Management
Choose smarter contracts, allocate risk fairly, and improve major project outcomes
Created by Edward W. Merrow
Explore how contract strategies shape the success of major industrial and construction projects. Learn to evaluate different contract types, allocate risk fairly, and build stronger owner-contractor relationships for better project outcomes.
Wiley | 304 min
What You Will Learn
You will start by learning the core principles that drive contract strategy and project outcomes. Through real project examples and data, you will compare common and collaborative contract types, then apply these insights to risk assignment, contractor selection, and incentive design. Each section builds your ability to make informed, practical decisions.
Key Features
- Analyze real-world contract structures using data from over 1,100 major projects
- Identify and apply core principles to balance risk and incentives for all parties
- Develop practical skills to select, negotiate, and manage contracts for complex projects
Target Audience
This course is ideal for project managers, sponsors, engineers, procurement professionals, legal teams, and executives working on large industrial, construction, or infrastructure projects. If you have some experience with project delivery and want to make smarter contracting decisions, you will benefit from these actionable strategies.
