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Quest Training

Contract Risk Management & Compliance Training Course

Tracks contract risk from drafting and negotiation through performance and amendment, strengthening contractual governance and legal and regulatory compliance.

CMA · Contract Management & AdministrationAll Levels#2636ClassroomEnglish , Arabic
Duration
5 Days
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Free substitution at any time · 30+ days' notice: full refund minus 10%. Cancellation policy

Sectors:Procurement, Contracts & Supply ChainCategories:Contract Management & Administration

Course Overview

The Contract Risk Management & Compliance Training Course provides a comprehensive framework for identifying, assessing, mitigating, and monitoring risks throughout the contract lifecycle. The programme focuses on strengthening contractual governance, improving compliance with legal and regulatory requirements, and protecting organizational interests during contract drafting, negotiation, execution, performance, amendment, and termination. Participants explore the relationship between contract management, enterprise risk management, legal compliance, commercial objectives, and internal controls. The course examines contractual obligations, liability allocation, indemnities, warranties, limitation of liability, payment terms, performance guarantees, termination rights, and dispute resolution mechanisms, with an emphasis on identifying provisions that may expose organizations to financial, operational, legal, and reputational risks. The programme also addresses compliance risks associated with procurement, third-party relationships, regulatory obligations, conflicts of interest, anti-bribery requirements, confidentiality, data protection, and recordkeeping. Participants learn to apply structured risk assessment methodologies, develop contract risk registers, establish compliance controls, define escalation procedures, and monitor contractual performance using appropriate indicators and reporting mechanisms. Through practical case studies, contract reviews, negotiation exercises, and risk-based scenarios, participants develop the capabilities needed to anticipate contractual issues, strengthen internal accountability, and support informed commercial decisions. The course emphasizes practical implementation, cross-functional coordination, and continuous improvement across legal, procurement, finance, operations, compliance, and contract management functions.

Learning Objectives

  • Explain the principles of contract risk management and their role in organizational governance.
  • Identify legal, financial, commercial, operational, regulatory, and reputational risks throughout the contract lifecycle.
  • Apply structured methodologies to assess contractual risk exposure and prioritize mitigation measures.
  • Evaluate contractual clauses relating to liability, indemnities, warranties, guarantees, and termination.
  • Assess compliance obligations arising from applicable laws, regulations, policies, and contractual commitments.
  • Develop contract risk registers, risk ratings, and mitigation plans.
  • Strengthen due diligence and compliance controls for suppliers, contractors, and other third parties.
  • Integrate risk management requirements into contract drafting, review, negotiation, and approval processes.
  • Establish monitoring procedures for contractual obligations, deadlines, deliverables, and performance indicators.
  • Identify potential breaches, non-compliance, disputes, and early warning indicators.
  • Improve documentation, reporting, escalation, and corrective action procedures.
  • Develop a continuous improvement approach to contract governance and compliance oversight.

Who Should Attend

This course is designed for professionals responsible for contractual obligations, commercial risk, legal compliance, and contract governance, including: Contract Managers and Contract Administrators. Legal Counsel, Legal Managers, and Corporate Lawyers. Risk Management and Enterprise Risk Management Professionals. Compliance Officers and Regulatory Affairs Specialists. Procurement and Strategic Sourcing Managers. Commercial Managers and Contract Negotiators. Project Managers and Project Controls Professionals. Finance Managers and Financial Controllers. Internal Auditors and Governance Professionals. Supplier Relationship and Third-Party Risk Managers. Operations Managers responsible for contract performance. Business Unit Leaders, Department Heads, and Senior Executives. Professionals involved in contract approval, monitoring, dispute prevention, and compliance assurance.

Learning Outcomes

  • Map key risks across the different stages of the contract lifecycle.
  • Distinguish between legal, commercial, operational, financial, and compliance-related contractual risks.
  • Evaluate contractual terms and identify provisions that require clarification, negotiation, or escalation.
  • Assess liability exposure, indemnification obligations, warranties, guarantees, and termination conditions.
  • Apply risk assessment techniques to determine risk likelihood, impact, and priority.
  • Develop and maintain a structured contract risk register.
  • Establish proportionate controls for regulatory compliance and contractual obligations.
  • Evaluate third-party due diligence procedures and supplier compliance arrangements.
  • Monitor deliverables, milestones, payment obligations, service levels, and contractual deadlines.
  • Identify early warning signs of contractual breaches and emerging disputes.
  • Prepare contract risk reports and recommend corrective and preventive actions.
  • Develop practical measures to improve contract governance, accountability, and compliance performance.

Course Outline

Day 1

Contract Risk Management Fundamentals & Governance

  • Principles and objectives of contract risk management.
  • The relationship between contract governance, enterprise risk management, and compliance.
  • Contract lifecycle management: initiation, drafting, negotiation, execution, performance, amendment, and closure.
  • Classification of contractual risks: legal, commercial, financial, operational, regulatory, and reputational.
  • Roles and responsibilities of legal, procurement, finance, compliance, operations, and contract management teams.
  • Contract approval authorities, delegation of authority, and governance controls.
  • Risk ownership, accountability, and escalation procedures.
  • Common sources of contractual exposure and control weaknesses.
  • Practical Application: Review a sample commercial contract, identify its principal risk areas, and develop an initial contract risk classification and responsibility matrix.
Day 2

Contractual Risk Assessment, Drafting & Negotiation

  • Contract risk identification and assessment methodologies.
  • Evaluating risk likelihood, impact, exposure, and prioritization.
  • Reviewing scope of work, specifications, deliverables, and acceptance criteria.
  • Assessing payment terms, price adjustments, performance guarantees, and financial commitments.
  • Liability allocation, indemnities, warranties, and limitation-of-liability provisions.
  • Force majeure, change control, suspension, and termination clauses.
  • Dispute resolution, governing law, jurisdiction, and escalation mechanisms.
  • Negotiation strategies for reducing contractual exposure and protecting organizational interests.
  • Practical Application: Conduct a clause-by-clause risk review of a sample contract and prepare a negotiation matrix containing identified risks, proposed amendments, and mitigation measures.
Day 3

Contract Compliance, Due Diligence & Third-Party Risk

  • Identifying applicable legal, regulatory, policy, and contractual compliance requirements.
  • Integrating compliance obligations into contract review and approval processes.
  • Supplier and contractor due diligence, including integrity and compliance assessments.
  • Anti-bribery, anti-corruption, conflicts of interest, and ethical contracting considerations.
  • Confidentiality, information security, data protection, and intellectual property obligations.
  • Subcontracting, third-party dependencies, and flow-down of contractual requirements.
  • Compliance documentation, records management, and evidence retention.
  • Identifying, reporting, and escalating actual or potential compliance violations.
  • Practical Application: Assess a hypothetical supplier contract against a compliance checklist and develop a third-party risk assessment with appropriate control measures.
Day 4

Contract Performance Monitoring, Risk Mitigation & Dispute Prevention

  • Monitoring contractual obligations, milestones, deliverables, and service-level agreements.
  • Developing key performance indicators and key risk indicators for contract oversight.
  • Contract risk registers, control matrices, and mitigation action plans.
  • Identifying early warning indicators of non-performance, delay, and contractual breach.
  • Managing variations, claims, extensions of time, and change requests.
  • Documenting non-compliance, corrective actions, and contractual communications.
  • Dispute prevention, negotiation, escalation, and resolution mechanisms.
  • Reporting contract risk exposure and outstanding compliance issues to management.
  • Practical Application: Develop a contract monitoring dashboard and risk mitigation plan for a delayed project contract, including escalation triggers, corrective actions, and reporting responsibilities.
Day 5

Contract Risk Reporting, Assurance & Continuous Improvement

  • Assessing the effectiveness of contract risk management and compliance controls.
  • Reviewing contract files, approvals, supporting documentation, and compliance evidence.
  • Conducting risk-based contract reviews and compliance assessments.
  • Root cause analysis of contractual failures, breaches, and recurring issues.
  • Developing management reports on exposure, compliance gaps, disputes, and mitigation progress.
  • Corrective and preventive action plans and accountability mechanisms.
  • Lessons learned, contract closeout, and post-contract performance reviews.
  • Strengthening contract governance through continuous improvement and cross-functional coordination.
  • Final Workshop: Prepare an integrated contract risk management and compliance plan for a selected contract, incorporating risk assessment, contract clause review, compliance controls, a risk register, monitoring indicators, escalation procedures, and a management reporting framework.

Upcoming Dates

Selected date

London · 1 – 5 Feb 2027 · Classroom

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CityDatesPrice per ParticipantEarly Bird
ViennaScheduled
2 – 6 Nov 2026€5,700—
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AmmanScheduled
8 – 12 Nov 2026€3,100—
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AmsterdamScheduled
16 – 20 Nov 2026€5,400—
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BarcelonaScheduled
23 – 27 Nov 2026€5,400€4,860until 2 Nov
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CasablancaScheduled
30 Nov – 4 Dec 2026€4,300€3,870until 9 Nov
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CairoScheduled
30 Nov – 4 Dec 2026€3,300€2,970until 9 Nov
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DammamScheduled
7 – 11 Dec 2026€4,200€3,780until 16 Nov
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DohaScheduled
14 – 18 Dec 2026€4,400€3,960until 23 Nov
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DubaiScheduled
20 – 24 Dec 2026€4,400€3,960until 30 Nov
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FrankfurtScheduled
28 Dec 2026 – 1 Jan 2027€5,800€5,220until 7 Dec
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GenevaScheduled
4 – 8 Jan 2027€6,300€5,670until 14 Dec
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IstanbulScheduled
11 – 15 Jan 2027€4,700€4,230until 21 Dec
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JeddahScheduled
17 – 21 Jan 2027€4,200€3,780until 28 Dec
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Kuala LumpurScheduled
18 – 22 Jan 2027€4,400€3,960until 28 Dec
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LisbonScheduled
25 – 29 Jan 2027€5,400€4,860until 4 Jan
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LondonScheduled
1 – 5 Feb 2027€5,600€5,040until 11 Jan
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MadinahScheduled
8 – 12 Feb 2027€4,200€3,780until 18 Jan
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MadridScheduled
15 – 19 Feb 2027€5,400€4,860until 25 Jan
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MakkahScheduled
22 – 26 Feb 2027€4,200€3,780until 1 Feb
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MarbellaScheduled
1 – 5 Mar 2027€5,400€4,860until 8 Feb
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ManamaScheduled
1 – 5 Mar 2027€4,700€4,230until 8 Feb
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MilanScheduled
8 – 12 Mar 2027€6,000€5,400until 15 Feb
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MunichScheduled
15 – 19 Mar 2027€5,400€4,860until 22 Feb
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MuscatScheduled
22 – 26 Mar 2027€5,300€4,770until 1 Mar
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OnlineScheduled
28 Mar – 1 Apr 2027€1,700€1,530until 8 Mar
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ParisScheduled
5 – 9 Apr 2027€5,700€5,130until 15 Mar
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RiyadhScheduled
12 – 16 Apr 2027€4,200€3,780until 22 Mar
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Sharm El-SheikhScheduled
19 – 23 Apr 2027€4,300€3,870until 29 Mar
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RomeScheduled
19 – 23 Apr 2027€5,800€5,220until 29 Mar
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SingaporeScheduled
26 – 30 Apr 2027€6,700€6,030until 5 Apr
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Available in: Istanbul · Dubai · London · Riyadh · Doha · Amsterdam

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