Certificate in Business and Commercial Law (CBCL)
Next: 16 - 20 Nov 2026 · Barcelona
Barcelona, Dubai, Cape Town +11 more
Professional training course · CON-004
Commercial Contract Risk Management
Contracts allocate risks that can significantly affect profitability and reputation. Organisations need structured processes to identify, assess and manage contractual…
- 5 daysClassroom
- 13Upcoming dates
- 7Cities
- £2,250Fees from
Course overview
Why Attend
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 LLMI 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.
Course 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
Target Audience
Contract managers
Commercial managers
Legal professionals
Risk managers
Procurement professionals
Project directors
Course Methodology
Risk workshops
Contract review exercises
Case studies
Governance design
Group discussions
Course outline
-
1Day 1: Contract Risk
- Types of contractual risk
- Risk appetite
- Life cycle view
- Stakeholders
- Exercise: Risk identification
-
2Day 2: Risk Assessment
- Assessment methods
- Risk registers
- Financial exposure
- Prioritisation
- Workshop: Contract risk register
-
3Day 3: Allocation and Mitigation
- Allocation principles
- Clauses
- Insurance
- Guarantees and bonds
- Exercise: Mitigation plan
-
4Day 4: Governance
- Approval authorities
- Legal review
- Templates
- Deviation management
- Case study: Contract loss
-
5Day 5: Execution Risk
- Obligation management
- Monitoring
- Change control
- Escalation
- Capstone: Contract risk framework
Dates and fees
Questions
Frequently asked questions
How long is the Commercial Contract Risk Management course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Commercial Contract Risk Management course?
The next public date is 21 - 25 Dec 2026 in Munich. There are 13 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Munich, Frankfurt, Barcelona, Rome, Kuala Lumpur, London, Geneva.
How much does the course cost?
Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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