Training Contracts Risk Management & Compliance

Course Overview

One of the major 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 “go away”, it can, and should, identify the risks, determine who is responsible for managing each individual risk, and for the consequences should the risk occur.

Who should take this course

  • Contracts, Tendering, Purchasing, Procurement, and Project personnel
  • Contract Administration, Engineering, Operational, and Maintenance personnel
  • Risk, Claims, Financial, and Audit personnel
  • 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 activities

Course content

  • Provide an understanding of how risk arises
  • Compare different methods of identifying and assessing 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
  • Review risk management techniques during the life of a contract

 

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Catatan :

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