DIPLOMA IN
Superyacht Project Management – Refit and New Building
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: 
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..
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
Career Pathway
Career path:
Many project managers come from superyacht’s crew (both Deck and Engineering) who move ashore for a more settled life with longer periods in one location.
Salary:
Depends greatly on experience but up to about £60-70K per annum.
Duties:
Monitoring and controlling all aspects of newbuilding or refit in a yard and reporting and accounting for the activities.
Meet the Course Director
Nick Dean
Managing Partner, OCEAN Independence
With over 42 years’ in the yachting industry Nick has amassed an extensive level of experience in sale and purchase, yacht charter, management and new build supervision. In 2005, Nick co-founded OCEAN Independence as joint Managing Partner and is also a founder member of the recently formed Large Yacht Brokers Association (LYBRA).
DIPLOMA IN SUPERYACHT PROJECT MANAGEMENT – REFIT AND NEWBUILDING
On passing the Diploma, you will receive the above icon. Please use it on your business cards, LinkedIn profile and website(s)!
You can also use these letters after your name: MTA Dip SYRNB
Flexible
Supportive
While the nature of distance learning is independent study, we recognise the importance of support. Students can contact us at any time during their course for assistance and our team of industry experts are always on hand for advice.
Expertise
We have over 50 industry experts writing, developing and advising on our course material. We truly believe that allowing students to tap into their expertise and knowledge is of the utmost importance to fulfil your dream career.
If you would prefer to complete this as a classroom-based course, please contact us.
FAQs
How long do the courses take to complete? What's the difference between a Diploma and a Certificate? Read through our Frequently Asked Questions below to find out the answer.
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