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Boosting Risk Management Skills in British Indian Ocean Territory
In today’s post-pandemic world, managing risks has become an essential aspect of contract management. GLOMACS, a leading provider of training courses, is now offering its Contract Risk Management & Compliance course to professionals in the British Indian Ocean Territory.
Course Objectives
The two-day course aims to equip participants with the skills and knowledge necessary to identify, assess, and allocate risk effectively. The program covers topics such as:
- Critical understanding of the risk mitigation process
- Allocation of contract and procurement risk
- Applying lessons learned from Covid-19
“This course is designed to help delegates understand how risk arises, compare different methods of identifying and assessing risk, and explore different contractual techniques to ensure effective risk allocation,” said [Name], a trainer with GLOMACS.
Training Methodology
The training methodology includes a mix of:
- Lectures
- Case studies
- Group discussions
- One-to-one discussions with the trainer
Delegates are encouraged to bring real-life problem examples for discussion on a confidential basis.
Benefits
By attending this course, participants will gain a better understanding of risk management techniques during the life of a contract and beyond. They will also learn how to:
- Develop an appreciation of contractual indemnities, warranties, guarantees, and insurance
- Make informed decisions about contract structures
The organization will benefit from:
- Expanded expertise in contract development and management
- Reduced total cost of ownership
- Clear allocation of risk
- Reduction in the possibility of disputes
- Improved overall project success rate
Who Should Attend
This course is suitable for:
- Contracts, tendering, purchasing, procurement, and project personnel
- Risk, claims, financial, and audit professionals
Course Details
The training program is scheduled to take place on [Date] at [Location]. For more information or to register, please visit the GLOMACS website or contact [Name] at [Email] or [Phone number].
About GLOMACS
GLOMACS is an endorsed education provider by PMI and registered with NASBA as a sponsor of continuing professional education. The organization aims to provide the best training services and benefits to its valued clients, in association with Oxford Management Centre, Energy Training Centre, and KC Academy.