Classroom
14 sessionsOnline / Live
14 sessionsIntroduction
Course overview
Contracts allocate risks that can significantly affect profitability and reputation. Organisations need structured processes to identify, assess and manage contractual risk throughout the life cycle.
This Aractech course covers contract risk identification, risk assessment, risk allocation principles, mitigation through clauses and insurance, approval and governance, monitoring obligations and risk during contract execution. Participants assess risks in sample contracts.
What you will achieve
Learning objectives
- Identify commercial and legal risks in contracts
- Assess and prioritise contractual risks
- Allocate risks appropriately
- Mitigate risk through clauses, insurance and security
- Establish contract approval and governance
- Monitor and manage risk during execution
Who should attend
Target audience
- Contract managers
- Commercial managers
- Legal professionals
- Risk managers
- Procurement professionals
- Project directors
Methodology
Learning approach
- Risk workshops
- Contract review exercises
- Case studies
- Governance design
- Group discussions
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Contract Risk
- Types of contractual risk
- Risk appetite
- Life cycle view
- Coffee break
- Life cycle view (continued)
- Stakeholders
- Exercise: Risk identification
Day 2
Risk Assessment
- Assessment methods
- Risk registers
- Financial exposure
- Coffee break
- Financial exposure (continued)
- Prioritisation
- Workshop: Contract risk register
Day 3
Allocation and Mitigation
- Allocation principles
- Clauses
- Insurance
- Coffee break
- Insurance (continued)
- Guarantees and bonds
- Exercise: Mitigation plan
Day 4
Governance
- Approval authorities
- Legal review
- Templates
- Coffee break
- Templates (continued)
- Deviation management
- Case study: Contract loss
Day 5
Execution Risk
- Obligation management
- Monitoring
- Change control
- Coffee break
- Change control (continued)
- Escalation
- Capstone: Contract risk framework
FAQ
Frequently asked questions
What does Commercial Contract Risk Management (CON-004) cover?
This course covers Contracts Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 2 - 6 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Contract managers, Commercial managers, Legal professionals
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Rome, Munich, Frankfurt, Barcelona, Kuala lumpur, London, Geneva.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
Quick request
Send quick request
Send a fast enquiry about this course and the academy team will get back to you.
Get a quotation
Request a formal quotation
Choose an available date and venue, add your participants, and we will email a formal quotation for Commercial Contract Risk Management to your business address.
Global Learning for Operational Leaders