Superyacht Refit & Newbuilding

Who is This Course Suitable For?

It is suitable for captains, senior crew and engineers, yacht managers, brokers, project managers, owners representatives, marine lawyers and ship yard employees.

Duration:

12 – 18 months

Modules:

10 in total

Cost:

Diploma: £2,950

Certificate: £2,150

Recognised by:

University of Portsmouth

Course Structure

About the Course

Our innovative Superyacht Project Management – Refit and New Building Diploma has been developed to provide essential guidance to anyone embarking on or currently involved with a superyacht refit or new build project. The course is designed to enhance your project management skills and assist you at each stage of the refit and build process. Therefore, leaving you better prepared to successfully manage a project, much to the satisfaction of the owner.

Module subjects include managing expectations and change orders along with more essential topics such as contract law, documentation, accountancy and the refit and build process..

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Course Structure

The course consists of 10 modules. All students are required to successfully complete and pass the module assignments. Diploma students will also be required to sit and pass a final examination.

1. An Introduction to Superyacht Project Management – Refit & Newbuilding

Introduction

General background to the superyacht industry – a little bit of history

International regulation of shipping (which includes superyachts)

Flag states

Classification societies and the role of class

Different levels of regulation

Routine maintenance or planned maintenance and refit

Refit preparation

The refit tender process and contract award

The refit yard period

Design, contract and tender

Construction new building

Builders and yards

Superyacht builders

2. Accountancy and Payments

Financial policy

Bookkeeping

Accountancy

Budgeting

Costing

Cash management

Internal controls and risk assessment

Auditing

Value Added Tax (VAT) and The European Union

Corporate ownership

Anti-money laundering

Payment terms and stage payments

Disagreements

3. Project Management

Basics of project management

Starting – beginning and controlling a project

Understanding the four phases of a project

General management of a project

The basic mechanisms involved in project management

Creating and maintaining schedules

Managing the team

Project manager – health & safety responsibilities

Agile Project Management (APM)

Why successful projects can fail

4. Project Completion and Acceptance

Introduction

Main project activities

Activities related to acceptance and completion

Acceptance

‘Completion’

Warranty & guarantee period

Issues, configuration and quality management

Change control

Project library

Reading list

5. Change Orders

Introduction

Common causes of change orders

Change orders and PC sums

Dealing with PC sums and subcontractors

Time and material change orders

Change orders in the refit or new build

The modifications and changes clause further explained

The change order form further explained

The making of the actual change order

Record keeping of the change orders

Change orders that do not have consequences

Communication with the owner

Payments of the agreed change orders

After a change order is approved

In case a change order is not agreed

Documentation/reference list

6. Build Process & Building the Yacht

Introduction

Planning & pre-project work

The hull, deck & superstructure

Engineering & systems

Superyacht interiors

Painting & coatings

Toys & recreational equipment

Masts, spars, rigging & sails

Safety equipment & safety systems

Completion

The build to cruising transition

7. Re-fit Process and Refitting the Yacht

Introduction

Initial requirements

Refitting the hull & superstructure

Engines & engineering

On-board systems

Refitting the interior

Masts, spars, rigging & sails

Painting, coatings & varnishing

Toys & recreational equipment

Audio visual & safety equipment

Safety management systems & completion

8. Managing Expectations

Introduction

Roles and responsibilities

Managing expectations

Communication

Reporting

Meetings and feedback

Quality control and assurance

Preparation guidelines

9. Contracts

Legal concepts

Introduction to English law

The Law of Contract

The Law of Tort (Negligence)

Liability in Contract and Yort

Responsibilities

Maritime Law and the flag state

Admiralty Law and jurisdiction

International Maritime Law

Governmental control of shipping (UK)

The yacht repair/refit contract

Pre-contract considerations

Contract standard forms

Ship conversion contract

Health and safety and employment

Employment

Major yacht refit yards

Table of cases

10. Documentation

New Build and Refit

Introduction

New Build Phase

New Build documentation

Build process documentation

The importance of a paper trail

The role of the class and flag surveyors in the process

Documentation of disagreements

Quality control

Stage payment

Refit

Overview

The list of works

Who needs it?

Pre Refit

During the Refit

The next Refit