This presentation explores the critical lessons derived from real-world contract failures. It begins by identifying common causes such as unclear scope, poor risk allocation, non-compliance, and ineffective communication. Using actual case studies from construction and IT sectors, it highlights how these issues can lead to costly disputes and reputational damage. The presentation concludes with actionable best practices—like defining clear terms, performing risk assessments, and leveraging contract management tools—to help organizations avoid similar pitfalls