Project risk management is the process that project managers use to manage potential risks that may affect a project in any way, both positively and negatively. The goal is to minimise the impact of these risks. A risk is any unexpected event that can affect people, technology, resources, or processes (including projects). Unlike a regular problem that may arise, risks are incidents that may occur suddenly, sometimes entirely unexpected. Project managers do not always know which risks the project is exposed to, when they occur, and why. Due to this high degree of uncertainty, project risk management requires a serious and in-depth approach.

Controlling & Mitigating project and contract associated risks appear to be one of the most complex tasks in the contemporary business world. The extremely compound structure of modern contracts and projects make the process of risk allocation even more strenuous. For any given successful entity it is crucial to anticipate and manage the likelihood of different types of risks, as in turn, it affects the reputation, cost overruns, client relationships, and other business-related proceedings.

Contracts, Project Risk Management & Compliance ​​​​​​ training course has been designed in order to address the aforementioned task and equip its attendees with necessary skills and modern knowledge for effectively managing contract and project risks while ensuring compliance with existing rules and regulations.