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:
₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
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 3, 2026 — Friday, February 6, 2026.
2ND BATCH: Tuesday, May 26, 2026 — Friday, May 29, 2026.
3RD BATCH: Tuesday, September 22, 2026 — Friday, September 25, 2026.
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.
