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...