Contract Risk Management
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Legal & Law

Contract Risk Management

21 July 2026Online9 AM - 5 PM1 day · 7h

Contracts form the backbone of every commercial transaction, yet even minor errors can lead to significant financial and legal consequences. This course equips professionals with advanced skills in drafting, negotiation, and risk mitigation to build resilient contracts and protect organizations from disputes.

Programme Overview

Contracts form the backbone of every commercial transaction, yet even minor errors can lead to significant financial and legal consequences. This course addresses these critical questions by equipping professionals with advanced skills in drafting, negotiation, and risk mitigation. Through real-world case studies, proactive strategies, and practical exercises, participants will learn to foresee risks, manage liabilities, and implement robust contract management processes. By the end, you'll not only understand the essentials of contract law but also master techniques to protect your organisation from costly disputes and uncertainties.

Learning Outcomes

Understand essential elements and legal rules of contracts
Master drafting techniques to allocate risks fairly
Identify and mitigate performance, financial, and legal risks
Develop negotiation strategies for complex agreements
Implement effective contract management and change processes
Analyse case studies and create personalised action plans

Who Should Attend?

Contract managers and administrators Procurement and supply chain professionals Project managers and risk officers Legal and compliance teams Business leaders involved in governance and integrity practices

Duration

1 day (7 hours)

Course Outline

Day 1 (9:00 AM to 5:00 PM)

Introduction & Ice-Breaking
Module 1: ESSENTIAL ELEMENTS & LEGAL RULES OF A COMMERCIAL CONTRACT
Offer
Acceptance
Consideration
Intention to Create Legal Relations
Capacity to Contract
Module 2: TERMS OF CONTRACT
Express and Implied terms and evidence of contractual terms
The Three Triangles of Commercial Contractual Relationships
Case studies and Activities
AM Break
Module 3: CONTRACT STRUCTURE: CHOOSING THE RIGHT FRAMEWORK AND HOW TO MAKE THE DOCUMENT WORK.
Signed Agreements
Scope of work
Framework agreements and how not to scatter conflicting terms through the contract;
How to structure for clarity
What are warranties?
The purpose of Warranties and "Fair disclosures"
Module 4: PROACTIVE MITIGATION STRATEGIES: MINIMIZING RISK FROM THE START
Developing Effective Contract Drafting Techniques to Allocate Risks Fairly
Utilizing Risk Identification Tools and Techniques to Proactively Identify Potential Issues
Implementing Strategies to Mitigate Performance, Schedule, Financial, and Legal Risks
Lunch Break
Module 5: MANAGING CONTRACTUAL LIABILITIES CONTENTS IN COMMERCIAL CONTRACTING
Understanding Exemption Clauses
Key ideas on drafting Exemption Clauses
Understanding Liquidated Damages and Penalties
Understanding Consequential Loss and Indirect Damages
Case studies and Activities
Module 6: TERMINATION OF CONTRACT
Termination by notice and without notice
Effects of Termination – discharge or preservation of liabilities
Module 7: NEGOTIATING COMMERCIAL CONTRACTS
How do you negotiate a contract?
Representations and statements made in the course of pre contractual negotiations;
Negotiating Third Party relationship to warranties in a contract
Negotiating Warranties and breach of Warranty
PM Break
Module 8: EFFECTIVE CONTRACT MANAGEMENT: MONITORING PROGRESS AND ADDRESSING ISSUES
Establishing Robust Contract Management Processes for Continuous Monitoring and Risk Assessment
Utilizing Effective Communication Strategies to Manage Stakeholder Expectations and Address Risk Concerns Collaboratively
Implementing Change Management Processes to Adapt to Unexpected Events.
Module 9: LEARNING FROM THE BEST: CASE STUDIES AND ACTION PLANNING
Analyzing Real-World Case Studies of Successful Contract Risk Management Practices
Exploring Emerging Trends and Best Practices in Contract Risk Management
Formulating a Personalized Action Plan to Implement Effective Contract Risk Management Strategies Within Your Organization.
End of training

Your Trainer

Yugaswari d/o Shanmugam

Yugaswari d/o Shanmugam

  • HRD Corp Certified Trainer & HRD Corp Accredited
  • Senior Lecturer & Independent Legal Consultant
  • LL.M. in Advanced Legal Practice (Distinction)
  • Expertise in Employment Law, PDPA, Corporate Liability, Contract Management
  • 13+ years in academia, training, and corporate legal advisory
  • Specialises in simplifying complex legal concepts
  • Experienced in conducting diverse training programs

Ms. Yugaswari D/O Shanmugam is an HRDF Certified Trainer and HRD Corp Accredited Independent Legal Consultant with a robust background in law, academia, and corporate advisory. As a Senior Lecturer, she has dedicated over 13 years to educating and empowering professionals through engaging legal lectures and professional development programs.

Driven by a passion for teaching, Ms. Yugaswari excels in simplifying complex legal concepts for diverse audiences, making intricate topics accessible and practical. Her extensive experience includes drafting and reviewing commercial contracts, advising on company constitutions, and ensuring comprehensive legal compliance within corporate structures.

She has successfully conducted numerous team-building sessions, in-house trainings, and public training programs across various industries. Her expertise spans critical areas such as Employment Act, Personal Data Protection Act (PDPA), Corporate Liability, and Contract Management, consistently delivering valuable insights and practical solutions to a wide range of clients.

Pricing

NormalRM 790/pax
⚡ Early Bird

Sign up by 21 June 2026

-13%RM 690/pax
👥 Group ≥3 pax

Sign up by 21 June 2026

-25%RM 590/pax

Course fee includes 8% SST, e-handouts & e-certificate.

Download Brochure
Date21 July 2026
VenueOnline
Time9 AM - 5 PM
Duration1 day (7h)
ModePhysical
TrainerYugaswari d/o Shanmugam
Event CodeEVT-2026-00073
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