Legal & Law

Contract Risk Management

8 September 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

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

-13%RM 690/pax

👥 Group ≥3 pax

-25%RM 590/pax

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

Download Brochure

Date8 September 2026

VenueOnline

Time9 AM - 5 PM

Duration1 day (7h)

ModePhysical

TrainerYugaswari d/o Shanmugam

Event CodeEVT-2026-00079