Contract Risk
Management
To be advised
Register Now! Limited Seats Available!
Course Introduction
In this Contract Risk Management training, you will learn about risk management and how it can be applied practically to your contracts and projects in a consistent way. It will also address how project risk management processes can be minimised compared to more conventional Enterprise Risk Management (ERM) processes.
The course will explore the practical application of quantitative data as well as pre and post contract processes (such as managing contingency and resolving issues). It will illustrate how optimising risk management rather than risk allocation can improve contract outcomes.
How to use risk management processes to ‘stress’ contracts will also be addressed so as to identify any weaknesses in the contract. Recent leading-edge developments will be explored such as integrating value and risk management, and setting up processes to enable risk management to occur between the parties pre and post contract. If you are working with contracts (either in the principal – or a contractor’s team – employee or consultant) and wanting to see how risk management can improve contract/project outcomes then this course is the perfect fit.
Course Objectives
Upon completion of Contract Risk Management course, participants will be able to:
- Understand how to develop an integrated risk management process for all your contracts/project to reduce business risk.
- Appreciate how to obtain a realistic contingency for your contracts so as to improve competitiveness as a tenderer or for obtaining project funding.
- Use risk management with the parties pre and post contract to gain better contract outcomes.
- Quantify issues to enhance quicker and more commercially focused contract negotiations.
- Develop contracts that are more equitable using risk management.
- Learn to use risk processes to ensure the contract is robust (or to find its weaknesses)
- Integrate safety risk management processes that flow from principal to designer, contractor and operators/maintainers.
Who should attend?
This course is relevant for those concerned with defining and implementing best practice contracts, as it illustrates how managing risk can affect and improve your organisation’s contracting outcomes in any industry sector. In other words, this course is beneficial to all those working with contracts and tasked with optimising their performance.
End of the workshop
IN HOUSE AND ONLINE TRAINING
While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.
For Registration and other Training arrangements,
contact us on the detail below.
SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389
info@bmktraining.co.za / www.bmktraining.com
