Contract Risk and Management of Contract Risks (Contract, Contract Risk, & Contract Risk Management)

🚀 Want to improve your risk management skills? Get my book "Mastering the Management of Specific and Diverse Risks" (Including Contract Risk Management) - https://solomonfaduncoaching.com/msdr The video discusses contract risk and contract risk management. It explains contract risks and the management of contract risks. This video will help you understand the meaning and elements of a valid contract, contract risks, classification of contract risks, challenges of contract risks and how to mitigate them, financial limitations of aggravated risks, contract risk management, transfer of contract risks, and contract insurance policies. If you find this video helpful, please give it a THUMB-UP and LIKE it. Thanks → Our blog (Risk Management Strategies): https://riskmgtstrategies.com/ → Risk Management Coaching: https://solomonfaduncoaching.com/rmc → Personal Development Coaching: https://solomonfaduncoaching.com/pdc ---------------- 👉 See All Our Videos: https://bit.ly/3hQ8R3P 👉 Subscribe To Our Channel: https://bit.ly/3hMIfAJ ---------------- 👉 CONSULTATION RICHES – Start Your Own Consulting Business Today: https://solomonfaduncoaching.com/conr --------------- OUR SERVICES Dr Solomon Fadun is a Risk Management Expert, Researcher & Personal Growth Coach – www.solomonfadun.com → Our blog (Risk Management Strategies): https://riskmgtstrategies.com/ → Risk Management Coaching: https://solomonfaduncoaching.com/rmc → Personal Development Coaching: https://solomonfaduncoaching.com/pdc → Academic Research Support (Research Projects, Dissertation & Doctoral Thesis): https://fadconintlconsulting.com/ars → Risk Management Services: https://fadconintlconsulting.com/rms → International Student Recruitment: https://fadconeduserv.com/ → I Will Help You Start Your Own Business: https://solomonfadun.com/syob --------------- CONNECT WITH US Website: https://solomonfadun.com Consulting & Services: https://fadconintlconsulting.com Twitter:   / solomonfadun   LinkedIn:   / solomon-fadun   Facebook:   / solomon.fadun   Instagram:   / solomon.fadun   Pinterest: https://www.pinterest.co.uk/solomon_f... Tumblr:   / solomonfadun   -------------- VIDEO TIMESTAMPS 00:00 Introduction 00:54 The meaning and elements of contracts, 02:36 Contract risks 03:21 Classification of contract risks 03:40 - Financial risks 04:35 - Legal risks 05:24 - Security risks 06:14 - Brand risk 06:45 - Operational risk 07:17 Challenges of contract risks and how to mitigate them 12:05 Financial limitations of aggravated risks 12:41 Contract risk management 13:36 - Step 1: Identification of contract risks 14:56 - Step 2: Assessment of contract risks 16:25 - Step 3: Mitigation of contract risks 17:02 - - - Eight ways of mitigating contract risks 22:34 - - - Features of contract management software 24:36 - Step 4: Transfer contract risks 25:34 - Step 5: Monitor and review the contract risk management lifecycle 26:27 - Transfer of contract risks 27:02 - Indemnification 28:02 - Liability limitation 28:31 - Subrogation waiver 29:22 - Contracts insurance policies 35:43 - Conclusion ----------------- #contractrisk #contractriskmanagement #managementofcontractrisks #contractrisks #contract #solomonfadun_riskmanagementofeverything #riskmanagementofeverything #solomonfadun_riskmanagementofeverythingvideos #riskmanagementofeverythingvideos #solomonfadun #riskmanagement #enterpriseriskmanagement #erm #corporaterisk #corporateriskmanagement #riskfinancing #insurance