Effective Business Contract Administration and Risk Mitigation

This 2-day training programme focuses on contract law, drafting, negotiation, administration, and risk mitigation for project and commercial teams

Description

Effective Business Contract Administration and Risk Mitigation

 

Module Overview

Contracts are at the heart of all business relationships, documenting obligations between suppliers, partners, customers, and employees. This 2-day program focuses on equipping participants with essential skills in contract law, drafting, negotiation, administration, and risk mitigation. Participants will explore the core legal principles of valid contracts, identify potentially risky clauses, and learn how to manage contracts effectively to enhance business value while avoiding disputes. Emphasis will also be placed on stakeholder communication, performance monitoring, and practical strategies for minimizing contract-related risks.

 

Learning Objectives

  • Identify the essential elements of a valid contract

  • Formulate clear contract terms for a legal and enforceable contract

  • Identify possible potential contractual risks on contract clauses

  • Identify effective contract management methods

 

Who Should Attend?

  • Project management team: Project Executives, Engineers, Project Managers

  • Commercial team members: Contract Executives, Procurement Executives, Quantity Surveyors, Contract Administrators

 

Course Outline

Module 1: Overview of Contract Law

Module 2: What Can Make Your Contract Lose Legal Effect?

Module 3: Negotiating Contract Terms to Protect Your Rights

Module 4: Key Terms That Affect Contractual Obligations

Module 5: Effective Contract Administration and Risk Mitigation

 

Download the course outline here

 

Click here to register

 

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