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Multiple Dates Available
In Person and Live Digital

Contract Risk Management Course

Navigating Uncertainty: Mastering Contract Risk Management for Project Success

Early Bird Rate

Save $200 when you book by 17 May 2024

Endorsing Bodies

Embraced by reputable organisations, our programs exemplify an ongoing dedication to maintaining industry standards and fostering excellence across a spectrum of educational domains

Contract Risk Management Course

The Complete Guide to Improving Contracts through Risk Management.

About the Course

This course falls within our contract management series within our CMP certification. You will learn the fundamentals of risk management in contracts and how it can be applied practically to your projects in a consistent way. It will also address how project risk management processes can be minimised compared to more conventional Enterprise Risk Management (ERM) processes.

This contract risk management course will explore the practical application of quantitative data as well as pre and post-contract processes (such as managing contingency and resolving issues). It will illustrate how optimising risk management rather than risk allocation can improve contract outcomes. How to use risk management processes to ‘stress’ contracts will also be addressed to identify any weaknesses in the contract. Recent leading-edge developments will be explored, such as integrating value and risk management and setting up processes to enable risk management to occur between the parties pre and post-contract.

If you are working with contracts (either in the principal – or a contractor’s team – employee or consultant) and want to learn how to manage risk in contracts in order to improve project outcomes, then this course is the perfect fit.

Who Will Benefit

As one of the core units in our CMP series, this contract risk management training course is relevant for those concerned with defining and implementing best practice contracts, as it illustrates how controlling risk can affect and improve your organisation’s contracting outcomes in any industry sector.

In other words, this course is beneficial to all those working with contracts and tasked with optimising their performance.

Key Learning Objectives

  • Understand how to develop an integrated risk management process for all your contracts/projects to reduce business risk
  • Appreciate how to obtain a realistic contingency for your contracts to improve competitiveness as a tenderer or to obtain project funding
  • Use risk management with the parties pre and post-contract to gain better contract outcomes
  • Quantify issues to enhance quicker and more commercially focused contract negotiations
  • Develop contracts that are more equitable using risk management
  • Learn to use risk processes to ensure the contract is robust (or to find its weaknesses)
  • Integrate safety risk management processes that flow from principal to designer, contractor and operators/maintainers

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.

Bespoke training designed for your organisation only, combining traditional classroom setting, blended and online learning models

Next Courses

schedule

Date

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Delivery Type

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All Locations

In Person

Live Digital

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Trainer

language

Language

05 Jun 2024

2 days

00:00 00:00 Australia/Melbourne

location_on

In Person

Melbourne, Australia

Beverley Honig

English

AUD$3,495.00

AUD$3,195.00

Book by 17 May
to save AUD$300.00

16 Sep 2024

4 days

13:00 17:00 Australia/Sydney

location_on

Live Digital

Australia

Beverley Honig

English

AUD$2,495.00

16 Sep 2024

4 days

11:00 15:00 Singapore

location_on

Live Digital

Singapore

Beverley Honig

English

SGD$2,495.00

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Filter By:

Delivery Type

expand_more

All Locations

In Person

Live Digital

  • 05 Jun 2024

    2 days, 00:00 00:00 Australia/Melbourne

    location_on

    In Person

    Melbourne, Australia

    Language: English

    AUD$3,195.00

    AUD$3,495.00

    Book by 17 May
    to save AUD$300.00

  • 16 Sep 2024

    4 days, 13:00 17:00 Australia/Sydney

    location_on

    Live Digital

    Australia

    Language: English

    AUD$2,495.00

  • 16 Sep 2024

    4 days, 11:00 15:00 Singapore

    location_on

    Live Digital

    Singapore

    Language: English

    SGD$2,495.00

Is this course for you?

Course Information

Instructional Delivery Method: In Person and Live Digital
Prerequisite & Advanced Preparation: Reading material will be sent prior to the course 

The CMP Certification Framework

The CMP provides a robust method of upskilling and recognising an individual’s expertise and experience in contract management and procurement. Our combination of in-class teaching, facilitation, knowledge-based testing and workplace evidence-based examinations has been carefully crafted to not only teach knowledge and skills, but to also demonstrate how individuals can apply their knowledge to work based situations. This Certification is recognised by IIBT and World Commerce & Contracting.

THE IIBT / Informa Connect Academy Alliance

IIBT and Informa Connect Academy Learning joined together to provide a pathway for those who complete Informa’s CMP at the Master level. All CMP Masters will receive Recognised Prior Learning (RPL): 2 units of credit in the 12 month, Higher Education, University level Diploma of Business Administration.

  • Business Law (BL101)
  • Management in Organisations (MGT101)

*This is a Higher Education Diploma equivalent to first year university NOT a Vocational Education Diploma.

Click here for more information.

World Commerce & Contracting

Informa Connect Academy is a Learning Partner of the World Commerce & Contracting which is a not-for-profit association and the only global body promoting standards and raising capabilities in commercial practice.

International Institute of Business & Technology

The International Institute of Business & Technology Aust (IIBT) is a highly respected, government-approved, Australian provider of higher education and VET programs. Their suite of programs includes a University level Diploma of Business Administration, equivalent to the first year of a business related undergraduate degree at Australian Universities.

LEARN MORE ABOUT THIS TRAINING COURSE

Delivered by Beverley Honig

Beverley Honig is an internationally qualified lawyer with over 20 years’ experience in Australia, the United Kingdom and Middle East. A winner of The Australian Financial Review and Westpac 100 Women of Influence Awards, she is also listed in the Who’s Who of Business in Australia and the Businesswomen Hall of Fame.

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.

HOW IN-HOUSE TRAINING WORKS?

Interested in exploring how our In-house Training works?

Cost-effectiveness aside, one of the biggest benefits to our clients of in-house training is the opportunity to customise and tailor the content, delivery method and exercises of a training course to their exact needs. In order to achieve this, we follow a collaborative approach to bring the client & the trainer together to explore needs, shape content and define outcomes.

This video will give you an insight into the process and how bespoke courses are achieved. For more information, please contact Sushil Kunwar at +61 (2) 9080 4399 or email training@informa.com.au.