Technical Due Diligence Fundamentals
Why training in Technical Due Diligence?
Technical Due Diligence (“TDD”) is a demanding field of expertise that is characterized by client-oriented advice, tight delivery time frames and high liability risks.
Therefore, a consultant must master three crucial competencies to be successful in this field:
- Subject matter knowledge
- Understanding the client
- Being in control of the process
This training is designed to familiarize you with the characteristics of the TDD profession. Alongside the typical contents and procedures of Technical Due Diligence, the training particularly focuses on the perspective of the typical clients of the real estate sector (lenders, investors, insurers, and developers).
For whom is the training intended?
This training caters to both starters and experienced professionals in the field of Technical Due Diligence.
As this training will teach the fundamentals of the TDD profession, no specific knowledge is required for this training. The training materials and examples will provide you with a realistic impression of the work.
The training is suited for all building-related professional backgrounds e.g. building surveyors, building services engineers, architects, project managers, etc.
What you will learn
You will learn the fundamentals of the TDD profession, the contents of typical TDD work practices and how to perform these effectively and in a client-oriented manner. As part of the training, you will encounter typical technical risks which are regularly encountered in the TDD practice.
- Feel confident in your advice through understanding your client's business interests
- Engage confidently with clients and project team members knowing your way in the TDD project processes
- Write meaningful reports for your clients and assess technical risks that are spot-on
- Less stress with deadlines through effective and efficient report writing
- Resilience against difficult situations during projects
- Improve client satisfaction
- Shorter onboarding periods for new team members
- Increased team collaboration
- Supports employee satisfaction and confidence in their work
- Awareness and consideration of potential liability risks during project delivery
The Training Modules
We have compiled all essential knowledge into four modules, which enable you to start your Technical Due Diligence surveys immediately after completion of this training.
- The asset lifecycle in real estate investments
- The acquisition process in real estate
- Typical profiles of clients ordering TDD
- The objective of TDD
- The typical process of TDD projects
- Terminology
- Site visits and inspections
- Health and Safety aspects of inspections
- Useful standard tools (Q&A, Data room, RFI)
- Types and structure of TDD reports (CapEx focussed report, Red Flag report, Full Report)
- Typical content of TDD reports
- Common technical risks – Examples from practice
- Overlaps with other DD disciplines (Environmental DD, ESG, Legal DD)
- Specific technical risks of TDD in the Netherlands
Event Data
Dates
The training will be held on the following dates:
- 15-03-2023 – 10:00-16:00 – Utrecht (5-9 trainees)
- 18-04-2023 – 10:00-16:00 – Utrecht (5-9 trainees)
Size of the Group
- 5-9 trainees
A minimum attendance of 5 participants is required for the training to take place. If the minimum attendance will not be reached until the closing of the registration period, we will refund you the full registration fee.
Duration of the training
- one day (6 hours)
Language
- English
- in consultation with the participants of the Training, the training can also be held in Dutch or German
Location
- Daalsesingel 51, 3511 SW Utrecht, Netherlands (“DS51”)
The venue is located in the centre of Utrecht, within a 5-minute walking distance of Utrecht Central Station. There are car parking spaces available at a parking garage directly connected to the building.
If needed, please book a parking ticket in advance of the event (not included in the training fee) at DS51 (phone no. +31 304100130).
In-house or Online Trainings
Would you like to book this training in-house at your office location? Or would you prefer to train online?
Please get in touch for a tailor-made proposal on Technical Due Diligence training.