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Governance, Risk and Compliance

    RISK MANAGEMENT

EPC Contract risk Management

Protecting your company and stakeholders by minimising project risk and decreasing the probability impact of adverse events to projects
why this training is important for your corporation?
With the current infrastructure boom taking place in the East african region EPC contracts are becoming more and more popular. With these types of contracts there is a higher risk and responsibility for contractors to deliver high quality projects. There is a high level of risk involved when entering into EPC projects mainly due to the unpredictable and uniqueness of each EPC project taken on. Contractors and clients’ alike need to manage mitigate and apportion risk appropriately to ensure high quality and profitable projects that are delivered on time. Contractors and clients alike need to utilise the best possible contract model to ensure risk is allocated evenly, and liability concerns are addressed during the contract negotiation phase of the project. In addition to this, poor subcontractor agreements can delay the project lifecycle, lead to financial losses, and poor quality of work delivered. Thus, companies need to ensure that subcontractor agreements are in line with the main contractor agreement. Managing contract risk within your organisation can ensure that you improve on project and avoid legal actions. This way, companies can improve client relationships, build strong reputations, and prosper financially.

who should Attend this traning :
Vice Presidents, Directors, General Managers, Head of Departments, Senior Managers, Regional Managers, Managers and Executives from the following job areas:
• Contracts
• Projects
• Commercial
• risk
• Business development
• Construction
• In-house counsels
• Legal counsels
• Procurement
• Engineering
• sourcing
• supply chain
• Finance
• oil and Gas
• Construction
• Civil Engineering
• Chemical & Petrochemical Companies:
• Power & Utilities
• Process Industries
• steel
• Mining
• Heavy industries
• relevant Government Departments

From the following industries:

• oil and Gas
• Power & Utilities
• Chemical & Petrochemical Companies:
• Construction
• Civil Engineering
• Process Industries
• steel
• Mining
• Heavy industries
• relevant Government D