Key details
Mode of delivery: Online Course
Course code: PCM21CO
Duration: 1 day
Fee: £732.00 + VAT
CPD Hours: 6
Course Overview
This session examines risk management in contracts, focusing on identifying, analysing, and mitigating contractual risks. Participants will explore risk allocation through contract clauses, financial protections such as bonds and guarantees, and case studies to develop effective risk mitigation strategies.
Agenda
Contract Risks
- How does a contract manage risks?
- Identifying, analysing, and mitigating contractual risks from each party
- Contract clauses that transfer risks between the parties (including Incoterms©)
- Case studies in contractual risk management
Course Review
- Summary and recap of key learning objectives
- Action Planning
Target Audience
This course is suitable for:
- Contract Administrators, Coordinators, and Junior Contract Management Professionals
- Procurement and Purchasing Officers, Buyers, and Commercial Support Staff
- Project Coordinators and Managers, Engineers, and Technical Professionals managing contracts
- Operations, Facilities, Construction, Energy, Manufacturing, and Service Delivery Professionals
- Finance, Payment, Invoicing, and Cost Control Professionals involved in contract financials
- Legal Support, Compliance, and Risk Officers involved in contract review
- Supplier, Vendor, and Contractor Management Professionals
- Professionals new to contract management who need a practical foundation
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Identify common contractual risks, including risks posed by contractors, and assess their potential impact.
- Analyse contract clauses that allocate and transfer risk between parties, applying best practices in risk mitigation.
- Evaluate case studies in contractual risk management to develop strategies for minimising financial and legal exposure.
Course dates
Aug 12, 2026
Nov 25, 2026
