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Managing Contractual Risk (L5M3) Course Overview
The Managing Contractual Risk (L5M3) course is designed for senior buyers, contract, and supply chain managers aiming to excel in organisational procurement. With a prerequisite of the CIPS Level 4 Diploma in Procurement and Supply, this 60-hour course deepens your understanding of key legal issues in Contract formation, Breach of contract, and Contractual non-conformance.
You will learn to identify and mitigate risks associated with Contractual offers, Document precedence, and Contract variations. The course also covers strategies for Breach of contract resolution, including Negotiation, Mediation, and Litigation. Practical applications include managing Indemnities, Guarantees, and handling legal consequences of contract termination. This knowledge is crucial for reducing costs, improving quality, and managing the supply chain efficiently.
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USD
View Fees Breakdown
Course Fee | 3,200 |
Total Fees |
3,200 (USD) |
USD
View Fees Breakdown
Course Fee | 2,550 |
Total Fees |
2,550 (USD) |
USD
View Fees Breakdown
Flexi Video | 16,449 |
Official E-coursebook | |
Exam Voucher (optional) | |
Hands-On-Labs2 | 4,159 |
+ GST 18% | 4,259 |
Total Fees (without exam & Labs) |
22,359 (INR) |
Total Fees (with exam & Labs) |
28,359 (INR) |
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♱ Excluding VAT/GST
You can request classroom training in any city on any date by Requesting More Information
Managing Contractual Risk (L5M3) is a comprehensive course designed to equip senior buyers, contract and supply chain managers with the skills to improve procurement processes and fulfill organizational objectives.
Target Audience:
The Managing Contractual Risk (L5M3) course equips senior buyers, contract, and supply chain managers with the knowledge to effectively manage risks associated with the formation, execution, and potential breaches of contracts. This course emphasizes reducing costs, improving quality and timelines, and resolving legal issues in procurement and supply.
Understand the Formation of Contracts:
Legal and Process Issues:
Breach of Contract:
Non-conformance in Contracts:
Contractual Provisions: