Contract & Project Risk

One of the critical outcomes of contract and project management is to ensure that risks to owners and contractor are identified and controlled in a proactive way so that both parties are satisfied with the project outcome. While world class project and contract management cannot, of itself, make risk “go away”, it can, and should, identify the risks and opportunities, determine who is responsible for managing each individual risk, and for the consequences should the risk occur.

We have developed this interesting and fast paced 2 part series to provide participants with:

• Knowledge to move contracts and project management from the tactical/reactive to the more important proactive/strategic focus
• Critical understandings of the risk mitigation process
• How to examine both the threats and opportunities facing contracts and projects from both a top-down and bottom-up perspective using a proven risk management processes
• Skills in allocating contract and procurement risk
• Ability to identify the warning signs of cost overruns, schedule delays, and poor quality, as early as possible in the project to minimize or mitigate the impact

The seminar is split into two modules:

1. MODULE I  – Contract Risk Management & Compliance
2. MODULE II  – Project Risk Management & Compliance

Each module is structured and can be taken as a stand-alone course; however, delegates will maximise their benefits by taking Module 1 & 2 back-to-back as a two-week seminar.