Risk Management in Contracts and Procurement course

Available Dates	Venue

Modules

<h3>Introduction to Risk in Contracts & Procurement:</h3><ul><li>Defining risk in the context of commercial contracts and procurement.</li><li>Types of risks: operational, financial, legal, reputational, supply chain, geopolitical.</li><li>The critical importance of proactive risk management in maximising value and minimising exposure.</li><li>Understanding organisational risk appetite and context.</li></ul>

Who is this Course for?

<ul><li>Contract Managers and Administrators.</li><li>Procurement and Sourcing Professionals.</li><li>Project Managers overseeing contracts.</li><li>Legal and Compliance Officers.</li><li>Supply Chain Professionals with risk responsibilities.</li><li>Business Development and Sales Professionals involved in contract negotiation.</li><li>Financial Managers seeking to minimise contractual liabilities.</li><li>Anyone involved in managing third-party relationships or contractual obligations.</li></ul>

Choose Your Own Course

<p>If you have specific training needs or would like to tailor a course to your organisation's unique requirements, we're here to help. Contact LOTC today and we can work together to develop a customised training solution that meets your specific goals. </p>

Why Choose London Optimum?

<p>At London Optimum, our core philosophy is 'Optimising people, maximising performance'. We deliver cutting-edge training that equips professionals with the knowledge and skills to drive tangible results. For professionals seeking essential risk mitigation expertise, we offer crucial procurement courses UK organisations rely on. This course, Risk Management in Contracts and Procurement, provides a practical and in-depth approach to managing risks within your contracts and procurement activities, empowering you to protect your organisation from financial, legal, and operational vulnerabilities, and build more resilient commercial relationships. This specialised training on procurement provides the knowledge required to fully understand what is strategic procurement, as effective risk management is foundational to the strategic function. The program is designed as crucial London corporate training for teams involved in high-stakes sourcing and contract management. Our experienced instructors bring real-world expertise and a focus on delivering immediate value.</p>

Courses are held at premium hotels and training venues in Central London/Dubai. Specific venue details are confirmed upon booking.

Course Overview

<p>This course, Risk Management in Contracts and Procurement by London Optimum Training & Consultancy, provides essential strategies and tools for effectively managing risks throughout the contracting and procurement lifecycles. Participants will learn to identify, assess and mitigate various types of risks inherent in commercial agreements and sourcing activities. The training emphasises proactive risk management, robust contract drafting and supplier risk assessment. Participants will also learn to develop contingency plans that safeguard organisational interests, ensure compliance and maximise value from every contractual relationship.</p>

Duration: 5 Days

Delivery Mode: Classroom-based

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Have specific training needs?

If you need or would like to tailor a course to your organisation's unique requirements, we're here to help.