This course covers the assessment of compensation events in terms of the criteria in clause 63 by which the quantum, in terms of time and cost, of a Contractor' quotation or a Project Manager' assessment has to be built up. It also covers any additional clauses to do with assessing compensation events which are specific to the different main options.

After studying this course, you should be able to:-

1. Explain the key rules for assessing compensation quotations in respect of time and cost.
2. Highlight some practical examples of common pitfalls.
3. Highlight some of the unique rules that apply to assessing compensation events under specific main options.