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Managing Risk through Contract Management

September 27, 2017 © Copyright Glomacs

Dubai, UAE (September 27, 2017) — This week, Helen Payne will deliver her highly interactive workshop on Contract Risk Management in Dubai.

All organisations are exposed to risks – whether operating in a global environment or in local domestic markets – which can erode the value of a contract for both parties.  Your contracts may vary in style and complexity, but the dynamics that govern them are simple: good value for money at acceptable quality, and a reasonable level of revenue generation.  The key is being able to use your contracts as an integral risk management tool for your organisation.

GLOMACS courses are designed to combine the theoretical with the practical, and this course on Contract Risk Management encourages interactive contributions from all delegates so that experiences can be shared across multiple industries and jurisdictions.

Dealing with all these issues also requires skills and confidence in negotiation and presentation. Several negotiation exercises are therefore used to both illustrate the reality of some of the topics and practice both your individual and team approaches

A snapshot of the subjects that will be covered include:

  • Types of risks affecting contracts
  • Minimising risk exposure through different contracting strategies
  • Managing external events under your contracts
  • Facing up to fraud and corruption
  • Discussing your options when problems and disputes arise

If you are interested in attending the next session of Contract Risk Management, please do not hesitate in contacting a member of the GLOMACS team for future dates and our training calendar.

Link to Contact Details

GLOMACS Training is one of the world’s leading training & development firm. By providing continuing professional training on various industry relevant topics, we help clients meet their training needs. Our expertise includes training topics on Management & Leadership, Strategy & Planning, Public Relations & Customer Service, Office Administration, Sales & Marketing, Human Resource Management, Learning & Development, Quality and Productivity, Project Management, Purchasing, Logistics & Supply Chain Management, Contracts Management, Finance & Budgeting, Electrical Engineering, Mechanical Engineering, Maintenance Engineering, Instrumentation & Process Control, Health, Safety & Environment, Oil & Gas Technology, Civil & Construction Engineering. Headquartered in Dubai, GLOMACS run programmes in Amsterdam, Budapest, Geneva, Istanbul, London, Marbella, Paris, Prague, Vienna, California, Houston, Miami, New York, Toronto, Abu Dhabi, Doha, Dubai, Jeddah, Kuwait, Muscat, Hong Kong, Jakarta, Kuala Lumpur, Singapore.

GLOMACS Trainings are designed to unlock the Potential of Real People in Real Situations. People need Emotional Investment and they also need to feel time is being invested in them & GLOMACS Training is a great way of doing that.

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