Introduction
Contracts are fundamental to business relationships, yet they bring inherent risks that require careful management. This course equips participants with the knowledge to identify, anticipate, and mitigate risks throughout the contract lifecycle. It covers key aspects such as recognizing risks during contract drafting, negotiation, and execution, while offering strategies to minimize liability, avoid disputes, and ensure smooth contract performance. Participants will also learn how to integrate risk mitigation measures into agreements and effectively manage unexpected challenges.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Contractual Risk
- Sources of risk in contract formation and execution.
- Types of contractual risks.
- How risks vary in fixed-price and cost-plus contracts.
- The role of risk management in contract negotiation.
- The legal framework for contract risk.
- Balancing risk and benefits in contracts.
Drafting Contracts with Risk Mitigation in Mind
- Key clauses for risk mitigation.
- Indemnity clauses and third-party claims.
- Managing exposure to financial losses.
- Force majeure and unforeseen events.
- Risk allocation between contracting parties.
- Contractual obligations and compliance.
Contract Performance Risks
- Performance risks in contracts.
- Tools to manage delay and disruption risks.
- Penalties and incentives in contract performance.
- Managing financial risks in contract execution.
- Strategies for managing supply chain and vendor risks.
- Mitigating risks from subcontractors and external partners.
Disputes, Breaches, and Contract Enforcement
- Contract breaches and manage their impact.
- Dispute resolution mechanisms.
- Managing risks in breach of contract.
- Resolving disputes early to avoid legal battles.
- Termination and exit strategies.
- Legal remedies for contract breaches.
Risk Management in Complex Contracts
- Managing risks in multi-year agreements.
- Mitigating risks in international contracts.
- Managing risk in contracts with in public sector
- Managing risks associated with business transitions.
- Technology and risk in digital contracts.
By the end of this course, participants will be able to:
- Explore the primary risks in contract negotiation and execution.
- Learn to identify and evaluate risks across various contract types.
- Explore strategies for managing risks related to performance, delays, and compliance.
- Discover how to handle disputes and breaches while preserving business relationships.
- Gain insights into risk allocation through indemnity, liability limits, and force majeure clauses.
- Equip participants with tools for managing risks in international and complex contracts.
This course is ideal for:
- Contract Managers.
- Legal Professionals.
- Procurement Managers.
- Supply Chain Managers.
- Risk Management Officers.
- Compliance Officers.
- Project Managers.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 12/05/2025 | 26/05/2025 | 09/06/2025 | 23/06/2025 |
| 07/07/2025 | 21/07/2025 | 04/08/2025 | 18/08/2025 |
| 01/09/2025 | 22/09/2025 | 06/10/2025 | 20/10/2025 |
| 10/11/2025 | 24/11/2025 | 15/12/2025 | 05/01/2026 |
| 26/01/2026 | 16/02/2026 |
This course will take place in Singapore on the following dates:
| 05/05/2025 | 26/05/2025 | 16/06/2025 | 30/06/2025 |
| 21/07/2025 | 11/08/2025 | 01/09/2025 | 22/09/2025 |
| 13/10/2025 | 03/11/2025 | 24/11/2025 | 15/12/2025 |
| 05/01/2026 | 26/01/2026 |
This course will take place in Amsterdam on the following dates:
| 19/05/2025 | 09/06/2025 | 30/06/2025 | 21/07/2025 |
| 11/08/2025 | 01/09/2025 | 22/09/2025 | 13/10/2025 |
| 03/11/2025 | 24/11/2025 | 15/12/2025 | 05/01/2026 |
| 26/01/2026 | 16/02/2026 |
This course will take place Online the following dates:
| 06/05/2025 | 03/06/2025 | 01/07/2025 | 29/07/2025 |
| 26/08/2025 | 23/09/2025 | 21/10/2025 | 18/11/2025 |
| 16/12/2025 | 13/01/2026 | 10/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
