Risk Analysis and Management in the Construction Engineering Industry (1.8 CEUs) 2013

Topics

• Risk vs. Uncertainty
• Introduction risk management
• Risk Management vs. Project Management
• Risk assessment life cycle
• Risk analysis and management
• Benefits of risk management
• The risk management strategy
• Risk efficiency
• Identification and initial assessment
• The process of managing risks
• Detailed quantitative assessment of risk
• Response and Mitigation
• Risk Classification
• The Risk Management Regime
• Nature of joint ventures
• Aggregating individual project risks
• Internal, specific and external risks
• Nature of a Design Build
• Country risk assessment
• Analysis of effective management measures
• Construction Schedules risks
• Country risks scale ratings interpretation
• Schedule risk assessment approach
• Schedule uncertainty
• Analysis of schedule risk
• Quantifying schedule risk
• Decision Support System - RAMSCO: A risk Assessment management system for construction operation
• Contracts risks
• RAMSCO methodology
• Uses of RAMSCO
• Data entry and analysis
• RAMSCO design
• Preparing for risk management study
• Using RAMSCO for Decision Making
• RAMSCO Applications Example Case Studies
• RAMSCO Analysis data

Who should Attend

Construction contractors’ engineers, Projects managers and engineers.