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The Executive Commercial & Contract Management Masterclass

Master the strategic architecture of commercial success, from contract formation to FIDIC-governed project execution.

Created byChartered Engineers
All LevelsUpdated Oct 21, 2026

What You'll Learn

  • check_circleAnalyze the six pillars of commercial health and their impact on business sustainability
  • check_circleApply strategic contract formation principles to ensure legal enforceability and risk mitigation
  • check_circleEvaluate the effectiveness of different pricing regimes and payment security mechanisms
  • check_circleImplement structured change governance and variation procedures in complex projects
  • check_circleNavigate FIDIC-governed construction projects using formal dispute resolution and adjudication protocols

About This Course

Commercial success is not simply about winning contracts or delivering projects on time. It requires a comprehensive understanding of profitability, cash flow, contractual obligations, commercial risks, stakeholder relationships, and strategic decision-making.

This course takes you beyond traditional contract administration into the broader discipline of strategic commercial management. You will explore how commercial decisions influence business performance, how contractual risks should be allocated, how financial exposure can be controlled, and how commercial managers can create measurable value throughout the project and business lifecycle.

From commercial strategy and contract formation to negotiation, programme management, variation control, and FIDIC contract administration, the programme connects commercial principles with the practical challenges faced by professionals across engineering, construction, infrastructure, consulting, and other project-driven industries.

What You Will Learn:

Upon completing this course, you will be able to:

  • Understand the fundamental principles of strategic commercial management and business profitability.
  • Evaluate commercial performance using profit, cash flow, order book analysis, and financial indicators.
  • Develop commercial strategies to improve business performance and protect profit margins.
  • Understand contract formation, contractual obligations, legal principles, and enforceability.
  • Review contractual terms, identify commercial risks, and assess liability exposure.
  • Evaluate different contract pricing arrangements and their associated risk allocation.
  • Manage payment mechanisms, advance payments, retention, securities, and cash flow.
  • Apply structured commercial risk management and mitigation strategies.
  • Understand the commercial importance of intellectual property, confidentiality, and business protection.
  • Develop effective commercial relationships, negotiation strategies, and stakeholder management approaches.
  • Understand commercial governance, responsibilities, and decision-making frameworks.
  • Manage contract performance, specifications, contractual dependencies, and delivery obligations.
  • Apply commercial controls to variations, changes, programme updates, and contractual documentation.
  • Understand the principles of FIDIC contract administration and selected contractual clauses relating to risk and dispute management.

Who Should Enrol?

This course is designed for professionals seeking to strengthen their commercial knowledge and advance into strategic commercial and contract management responsibilities.

It is particularly relevant to:

  • Commercial Managers and Senior Commercial Managers
  • Contract Managers and Contract Administrators
  • Project Managers and Project Directors
  • Quantity Surveyors and Cost Managers
  • Construction Managers and Engineering Managers
  • Procurement and Supply Chain Professionals
  • Claims Consultants and Commercial Advisors
  • Business Development and Operations Managers
  • Engineers transitioning into commercial or management roles
  • Professionals aspiring to commercial leadership positions

Course Content

14 activities • 13 videos • duration: 5h 11m

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FIDIC Risk and Dispute Resolution1 videos • 1 quiz • 26 min
  • videocamFIDIC Risk and Dispute Resolution
    Duration 26:54
  • quizFIDIC Risk and Dispute Resolution Quiz
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The Executive Commercial Framework1 videos • 1 quiz • 24 min
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Foundations of Commercial Contracts1 videos • 1 quiz • 25 min
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Contract Performance and Management1 videos • 1 quiz • 20 min
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Dynamics of Commercial Relationships1 videos • 1 quiz • 23 min
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Mastering Commercial Negotiation1 videos • 1 quiz • 20 min
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Principles of Commercial Risk Management1 videos • 1 quiz • 26 min
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Post-Delivery Risk and Liability1 videos • 1 quiz • 29 min
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Strategic Commercial Control1 videos • 1 quiz • 27 min
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Building Effective Project Teams1 videos • 1 quiz • 24 min
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Mastering Project Implementation1 videos • 1 quiz • 20 min
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FIDIC Execution and Completion1 videos • 1 quiz • 21 min
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FIDIC Variations and Payments1 videos • 1 quiz • 21 min
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Final Assessment1 quiz

Your Instructor

Chartered Engineers

Empowering 100,000+ Professionals Worldwide | Expert-Led Training in Engineering, Project Management, BIM, AI, Construction & Professional Certifications

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star2 reviews

CHARTERED ENGINEERS | EMPOWERING PROFESSIONALS. ADVANCING CAREERS. Chartered Engineers is a professional training and education provider dedicated to helping engineers, project managers, construction professionals, and business leaders develop in-demand skills and achieve internationally recognised qualifications. With a global learning community of 60,000+ professionals across 156 countries, we deliver practical, career-focused training designed to bridge the gap between industry knowledge and real-world application. OUR AREAS OF EXPERTISE Project & Programme Management: PMP, CAPM, PMI-RMP, PMI-ACP, PMI-SP, PgMP, PfMP, and project controls. Engineering & Construction: Civil engineering, infrastructure development, construction management, FIDIC contracts, and cost engineering. BIM & Digital Transformation: Building Information Modelling, ISO 19650, digital engineering, and information management. Artificial Intelligence & Data Centres: AI-powered project delivery, data centre design, construction, commissioning, and operations. Professional Certifications: RICS, AACE, LEED, Six Sigma, asset management, and internationally recognised professional qualifications. Leadership & Career Development: Engineering leadership, strategic management, and professional growth. OUR MISSION To make high-quality, industry-relevant professional education accessible to learners worldwide, helping individuals gain the knowledge, skills, and credentials needed to succeed in today's competitive global market. Learn. Get Certified. Advance Your Career. Chartered Engineers — Your Partner in Professional Excellence.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

5.0 out of 5
Student's Choice
2 reviews

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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