Contract Risk Identification and Assessment: Key Contract Types and Elements

This Skill Bit shows how to master contract risk management through comprehensive strategies for risk mitigation, due diligence, and continuous assessment, ensuring successful business transactions. Learn to navigate risks in sales, service, and procurement contracts by managing delivery, payment, and quality challenges effectively. Additionally, master contract risk assessment with clear communication, thorough evaluation of consideration and legal capacity, and effective risk identification techniques to secure agreements and foster reliable partnerships.

Duration approx. 4 Min.

Tier: advanced

A part of Risk Mitigation Strategies in Contract Management course.