Commercial Contract Risk Management (CON-004) Training Course

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 or online

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

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.

Can I take Commercial Contract Risk Management online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

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.

Commercial Contract Risk Management

Course overview

Course outline

Dates and fees

Frequently asked questions

More Contracts Management courses

Certificate in Business and Commercial Law (CBCL)

Claims Defence and Rebuttal for Employers

Commercial Management for Contract Managers

Training a team?