Pioneers in Global Leadership and Quality Management 

Out of Safety for all our Clients, All our Courses are available for Live Online Training 

One of the critical outcomes of contract and project management is to ensure that risks to owners and contractor are identified and controlled in a proactive way so that both parties are satisfied with the project outcome. While world class project and contract management cannot, on its own, make risk “go away”, it can, and should, identify the risks and opportunities, determine who is responsible for managing each individual risk, and for the consequences should the risk occur.

This training will include:

  • Knowledge to move contracts and project management from the tactical/reactive to the more important proactive/strategic focus
  • Critical understandings of the risk mitigation process
  • How to examine both the threats and opportunities facing contracts and projects from both a top-down and bottom-up perspective using a proven risk management processes
  • Skills in allocating contract and procurement risk
  • Ability to identify the warning signs of cost overruns, schedule delays, and poor quality, as early as possible in the project to minimize or mitigate the impact


Impact to you and your Organization:

  • Apply useful techniques in identifying, analyzing, mitigation and monitoring risks in the project life cycle
  • Use a practical, six-step process to manage project risk
  • Review the impacts of different approaches to risk allocation
  • Explore different contract types to transfer risks
  • Consider the contractual techniques to ensure effective risk allocation
  • Learn how to create an effective risk monitoring plan and risk management strategies


Who should Attend
This training Seminar is suitable for a wide range of professionals but will greatly benefit:

  • Contracts, Tendering, Purchasing, Procurement, and Project Personnel
  • Contract Administration, Engineering, Operational, and Maintenance Personnel
  • Risk, Claims, Financial, and Audit Personnel
  • Project Management Professionals
  • And all others who are involved in the planning, evaluation, preparation and management of tenders, specifications, awards, and contracts that cover the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activitie


Compressed  Key Topic, (Please contact us for a full Program Outline)


Module 1: Contract Risk Management & Compliance
Types and Management of Risk
Minimizing and Transferring Risk
Risk Related Terms & Conditions
Dealing with Financial Risks

Remedies When Bad Stuff Happens


Module 2: Project Risk Management & Compliance

Risk Management Framework and Planning

Risk Identification Processes

Risk Assessment and Quantification Processes

Risk Response Plan Development

Risk Response Control

DATES AND VENUES

Also available for 2 to 3 day durations as well as 10 to 30-day training durations In-House and Live online


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Contract & Project Risk Management & Compliance​​
 Legal and Project Perspective to Protect the Investment