CERTIFIED CONTRACTUAL RISK MANAGEMENT PROFESSIONAL

NAME OF THE COURSE
CONTRACTUAL RISK MANAGEMENT 
 
CERTIFICATION
CERTIFIED CONTRACTUAL RISK MANAGEMENT PROFESSIONAL 
 
COURSE OVERVIEW
Various projects often require a significant investment of time and resources, therefore stakeholders need to carefully look into their contractual responsibilities to ensure minimum disruption to their ventures. Key parties need to identify the potential risks and explore mitigation solutions prior to the start of their projects. As part of continuity planning, key parties are required to work through effective risk management policies in managing contracts.
 
 
TRAINING DURATION
Total Training Hours : 22 Hours
Training Duration      : 1 Week
Total Training  Days  : 4-5 Working Days
 
TRAINING SCHEDULE
Weekdays (Sunday to Thursday)
Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included
Weekends (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
 
CERTIFICATION
Globally recognized certificate from “Kings Global Career Academy”
 
TEST
No
 
LEARNING AIDS
Yes
 
COURSE MATERIAL
Hard & Soft Copies of Study Material
 
LANGUAGE OF INSTRUCTION
English
 
INSTRUCTOR HELPLINE
Yes
1. Email
2. Social Media (For Emergency requirements)
 
REGISTRATION REQUIREMENTS
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
 
MODE OF PAYMENT
Cash / Cheque / Credit Card / Bank Transfer.
 
ELIGIBILITY
  • Contract negotiators
  • Legal managers
  • In-house lawyers
  • Legal counsels
  • Business development managers
  • Business planners 
 
COURSE BENEFITS
  • Understand better the business partners concerns regarding risk and avoid future challenges
  • Learn how to improve the risk clauses used in your company
  • Review examples and best practices from around the world and manage contract risk
  • Get an insight into assessment techniques such as mapping and risk metrics from a legal perspective
  • Participate in challenging contract drafting exercises and ensure a robust contract in the future
 
COURSE CONTENTS
  • Types & Management of Risk
  • The requirement for Contractual Relationships
  • Defining Risk
  • Categories of Risk for Both Sides of a Contract
  • Risk Assessment Process
  • Managing Risk
  • Qualifying Suppliers
  • Defining Internal Control
  • Proportionality of Control
  • Minimizing & Transferring Risk
  • Transferring Risk through Contract Types
  • Firm Fixed Price or Lump Sum Contracts
  • Cost Reimbursable Contracts
  • Incentive Contracts
  • Award-Fee Pricing Arrangements
  • Indemnities
  • Cross Indemnities
  • Insurance
  • Risk Related Terms & Conditions
  • External Events
  • Force Majeure
  • Strikes and Other Labour Disputes
  • Risk and Title
  • Use of ICC Incoterms
  • Assignment and Novation
  • Other Clauses that Need to Flow Down to Sub-contractors
  • Risks Associated with Sub-Contractors 
  • Dealing with Financial Risks
  • Controlling Risk Associated with Payments
  • Currency Risk
  • Economic Risk
  • Fraud and Corruption
  • Limiting or Excluding Liability
  • Distinctions between Liability in Contract, and the General Law
  • “Gross Negligence”
  • A Review of Some Sample Clauses from Standard Contracts, and other Real Documents
  •  Remedies When Bad Stuff Happens
  • Mistakes and Misrepresentations
  • Impracticability of Performance
  • Remedies Generally
  • Types of Remedies
  • Liquated Damages
  • Warranties
REGISTER