Managing Contract Risks in Major Construction Projects
Course Overview
• Understand the key risks associated with major construction projects
• Identify and assess potential risks in construction contracts
• Develop strategies to mitigate and manage contract risks
• Learn best practices for negotiating and drafting risk-aware construction contracts
• Gain insights into dispute resolution mechanisms and their implications
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦430000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$5000
Kenya Price:
$6500
Rwanda Price:
$7000
Nigeria Price:₦430000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$5000
Kenya Price:
$5000
Rwanda Price:
$5000
Nigeria Price: ₦430000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $5000
Kenya Price: $5000
Rwanda Price: $5000
Introduction to Contract Risks in Construction
• Overview of major construction projects
• Common risks in construction contracts
• Impact of contract risks on project success
Risk Identification and Assessment
• Techniques for identifying contract risks
• Assessing the likelihood and impact of risks
• Prioritizing risks based on severity
Risk Mitigation Strategies
• Contractual risk allocation mechanisms
• Insurance and bonding
• Contingency planning and risk reserves
Contract Drafting and Negotiation
• Key contract clauses and their risk implications
• Negotiation strategies for risk allocation
• Balancing risk and reward in construction contracts
Dispute Resolution Mechanisms
• Types of disputes in construction projects
• Dispute resolution methods (e.g., mediation, arbitration, litigation)
• Implications of dispute resolution on project outcomes
1ST BATCH: Tuesday, February 16, 2027 — Friday, February 6, 2026.
2ND BATCH: Tuesday, June 15, 2027 — Friday, June 18, 2027.
3RD BATCH: Tuesday, October 5, 2027 — Friday, October 8, 2027.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
