Contract Risk Management
Training Overview
The key functions of contracting is to ensure that risks to owners and contractor are identified and managed in a way that both parties are satisfied with the project outcome. While a contract cannot, of itself, make risk “disappear”, it can, and should, identify the risks, determine who is responsible for managing each individual risk, and for the consequences should the risk occur.
Training Objectives
- Develop a critical understanding of the risk mitigation process: Gain comprehensive insights into how risks are managed and minimized in contract management.
- Shift contracts from tactical to strategic focus: Learn how to elevate contracts from operational tasks to strategic tools that drive business success.
- Identify potential risks: Build the ability to recognize risks that may arise throughout the contract lifecycle.
- Master the allocation of contract and procurement risks: Acquire the skills to appropriately distribute risks between parties in contracts and procurement agreements.
- Develop practical skills in Information Mapping: Learn techniques for organizing and structuring information using mapping, sequencing, and visual aids for clearer and faster comprehension.
- Enhance reviewing, editing, and presentation skills: Improve your ability to review and edit contracts, as well as present them confidently and effectively in impromptu situations.
- Understand contract terms and conditions: Study examples of contract terms and conditions that allocate risks effectively between parties.
Event Details
Date : Sept 11 & 12, 2024
Venue : AnCasa Hotel, Kuala Lumpur
Trainer : Ophelia Ann Fredericks
For Registration: Email [email protected] to secure your spot and embark on your journey to becoming a skilled contract risk manager!