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No construction project is risk free, but potential threats can be minimised and managed through implementation of a risk management strategy. Effective risk management is a process that includes clearly identifying the risks, agreeing how best to manage or mitigate them and the inclusion of appropriate risk allowances within the project budget. In turn, this will allow the practitioner to avoid unpleasant surprises, assists in completion within budget and on time, and allows more robust and certain project management.
You will be given the tools to quantify the risks that impact on cost, performance and programme, and shown how to apply a risk management process effectively on any construction project. This will enable you to confidently analyse and make recommendations to project teams regarding managing risk.
Through engaging with interactive discussions and extensive practical real life examples you will be provided with practical tools and techniques to improve cost and programme certainty, value for money on projects, together with a detailed understanding of the underlying theory. You will also learn how to apply the risk management process under different forms of contract.
Your presenter will be an experiencex chartered surveyor, having worked in both professional practice and for contracting organisations. During this time they have been responsible for the commercial management of major infrastructure projects and provided advice and practical support/guidance to many public and private sector organisations in the design, development and implementation of open book systems that work effectively as required by NEC3 EEC Options C and D.
Presentations, supported by extensive real life examples, will be alternated with group working sessions to enable participants to practice the tools and techniques that are explained. Topics covered will include: