Construction Risk Management

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

What you'll 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
Apply the risk management process to specific construction risks
Differentiate between project management and risk management
Identify, analyse, respond to, treat and manage project risks
Requirements
Basic understanding of construction management and the construction industry
Description
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 definitionsApply and use the risk management process to properly identify, analyze and manage uncertain events and circumstancesUnderstand the specific risks applicable to construction projects including technical, construction, health and safety, environmental, commercial, and externalThe 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!

Overview

Section 1: Introduction and Context

Lecture 1 Introduction

Lecture 2 How to Take the Course

Lecture 3 What is Construction Management?

Lecture 4 Why do Construction Projects Fail?

Lecture 5 Who Am I And Why Should You Bother Listening?

Lecture 6 Who Are These Courses For?

Section 2: Section 1 - Introduction to Risk Management

Lecture 7 Section 1 - Introduction

Lecture 8 What is Risk Management?

Lecture 9 Key Definitions and Terms

Lecture 10 Importance

Lecture 11 Introduction to the Risk Management Process

Lecture 12 Risk Management vs Project Management

Lecture 13 Case Study - Risk Management vs Project Management

Lecture 14 Types of Risks

Lecture 15 Overall Project Risk

Lecture 16 Categories of Risk

Lecture 17 Case Study - COVID

Lecture 18 Case Study - Project Resilience

Lecture 19 Types of Consequences

Lecture 20 Case Study - Opportunities

Lecture 21 Section 1 - Conclusion

Section 3: Section 2 - The Risk Management Process

Lecture 22 Section 2 - Introduction

Lecture 23 Establish the Context

Lecture 24 R&O Identification

Lecture 25 Case Study - Issues or Risks?

Lecture 26 R&O Analysis

Lecture 27 R&O Response Planning

Lecture 28 Case Study - Permits

Lecture 29 Implementation

Lecture 30 Monitor and Control

Lecture 31 Case Study - Monitor and Control

Lecture 32 Risk Management Cycle

Lecture 33 Risk Management in Practice

Lecture 34 Section 2 - Conclusion

Section 4: Section 3 - Types of Risks

Lecture 35 Section 3 - Introduction

Lecture 36 Technical

Lecture 37 Construction

Lecture 38 Health and Safety

Lecture 39 Environmental

Lecture 40 Commercial

Lecture 41 External

Section 5: Section 4 - Conclusion

Lecture 42 Section 1 - Review

Lecture 43 Section 2 - Review

Lecture 44 Section 3 - Review

Lecture 45 Overall Conclusion

Project Engineers,Quantity Surveyors,Contract Administrators,Construction Management Professionals,Construction Engineers