Every commercial transaction involves risk, but your organization can manage this risk by clearly defining, within the contract, the terms, scope, and consequences of both your actions and the other party’s. Contracts create various liabilities by establishing rights, responsibilities, duties, and obligations, all of which can be controlled through effective contractual terms.
This Managing Contractual Liabilities training course explores how your organization can identify and address key contractual risks and liabilities—understanding what they are, their significance, the potential consequences, who assumes the risk, and who bears the financial impact. It focuses on practical strategies for managing critical contractual issues to minimize both financial risk and reputational damage.
This training course will feature:
By the end of this training course, participants will be able to:
This training course will benefit a wide range of personnel involved with contracts and project management, purchasing, supply and procurement, and will greatly benefit:
This Managing Contractual Liabilities training course will use a variety of proved adult training techniques to ensure maximum understanding, comprehension and retention of the information presented. It will include high levels of participant discussion, group interaction, group exercises and case studies. Delegates will be encouraged toraise their own issues and challenges faced within their industry or organisations for discussion.
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