Construction Risk Management

Construction Risk Management

Construction projects are risky. Things can and do go wrong regularly. In this course, we explore the fundamentals of risk management in construction projects. The purpose of this course is to learn the tools and techniques to manage uncertain events and circumstances that can influence the project. The course is designed for engineers, quantity surveyors, and construction management professionals looking to further develop their learning. It’s loaded with engaging lectures, quizzes, and practice activities that reflect the type of work you’ll be doing on real-world construction projects.

By the end of this course, you should be able to:

• Understand the fundamentals of risk management including key terms and definitions

• Apply and use the risk management process to properly identify, analyze and manage uncertain events and circumstances

• Understand the specific risks applicable to construction projects including technical, construction, health and safety, environmental, commercial, and external

The course is broken down into three sections; the introduction, the risk management process, and the different types of risks we are exposed to on construction projects. In section 1, we will introduce the topic of risk management and understand the key concepts that surround the topic. In section 2, we’ll review, understand and apply the risk management process covering all the steps from establishing the context through to applying and implementing treatments. In section 3, we look at the specific categories of risks we are exposed to on construction projects. Finally, we’ll wrap up by reviewing all of the content in section 4.

Hopefully, this course has something in it for you and you find it useful. If you have any questions, please get in contact and I’ll answer as soon as possible! Enjoy!

Learns the tools and techniques to manage the uncertainty that matters on your project

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What you will learn

• Understand the key terms and concepts of risk management
• Improve project outcomes by applying and using the risk management process
• Understand and manage key construction project risks like health and safety or commercial

Rating: 5

Level: Beginner Level

Duration: 2.5 hours

Instructor: Tim Fairley