Civil engineering and Constructions
Risk and Construction Management, New Engineering Contracts Techniques and Knowledge Based Structure
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Risk and Construction Management, New Engineering Contracts Techniques and Knowledge Based Structure Course
Introduction:
Construction risk management helps you control costs and properly structure a more comprehensive risk management and insurance program. It also gives you a better understanding of construction loss exposures and applicable coverage for any kind of contractor. Finally, it allows you to offer practical feedback on contract insurance and indemnity requirements/provisions.
Course Objectives:
This course enables delegates to study the construction risk management processes and the associated activities.
Who Should Attend?
Engineers, facilities engineers and project engineers who are working on the evaluation of different construction projects.
Course Outlines:
- Construction projects
- Elements of Project Evaluation.
- Making business decision.
- Purpose of evaluation.
- Tools for evaluation.
- Management issues in project evaluations.
- The Economic Analysis
- Time value of money
- Traditional models of profitability
- About risk and uncertainty
- Understanding the risk management process on construction projects
- Knowledge of the International Risk Management Standard
- Knowledge of different types of construction contracts and how they are used on different projects to manage risk
- Risk response and treatment on construction projects
- Understanding which tools to use to manage risk
- How to make decisions when face with risk
- How to prepare a risk report
- How risks are registered