Multiply choice assessment
This module introduces the contracting and commercial models
commonly used in offshore decommissioning projects. Learners will build
awareness of how project risk, scope uncertainty, supplier capability and
commercial strategy influence contract selection and project delivery. The
module also examines the characteristics of day-rate, lump-sum, turnkey
and asset-ownership models, and considers how effective commercial
arrangements support collaboration, manage risk and contribute to safe,
environmentally responsible and cost-effective decommissioning
outcomes.
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