Construction Project Risk Management

Description

Construction project risk management is a professional training course designed to equip construction professionals with the knowledge and practical skills to identify, assess, mitigate, monitor, and control risks throughout the project life cycle. The training course explores the concepts and approaches to effective management of risks within the context of construction industry. It discusses concepts, types, tools and approaches for professionals, who know how to deal with the construction process in terms of construction risk. In this professional training course, practical applications, case studies and project-based scenarios are included. Topics covered include the following:

• Risk management (concepts and theoretical framework)
• Risk components
• Risk identification and assessment
• Risk analysis
• Risk mitigation
• Risk response strategy (allocation)
• Risk management plan development (monitor and control)

Outcomes

Upon the completion of this training course, participants will be able to:

• Acquire the knowledge and tools used in construction risk management
• Identify, assess, evaluate and mitigate risks in construction
• Apply appropriate tools in risk management
• Practice sound management styles that effectively drive and support risks in construction

Target audience

The target audience for this training course includes construction project managers, civil engineers, architects, quantity surveyors, contract administrators, planning engineers, project control engineers, consultants, contractors, developers, procurement professionals, and client representatives.