Construction Risk Management

Construction, as a capital investment venture, involves significant risk throughout its lifecycle—from development and design to construction and operation. Effective risk management is crucial for minimizing threats, seizing opportunities, and making informed decisions amidst uncertainty.

This Construction Risk Management training course, based on the latest PMIs Practice Standard for Risk Management and the ISO31000 series for Risk Management, will equip you with the essential processes, tools, and techniques for comprehensive risk management. You'll learn how to plan, assess, analyze, treat, monitor, and control risks. Additionally, the course prepares you for the PMI Risk Management Professional (PMI-RMP)® certification, providing you with internationally recognized credentials to distinguish yourself in the field.

This training course will feature:

• The special features and project delivery approaches in construction business
• The construction industry and its spectrum of risk
• Planning and identification of risks
• Assessment and Analysis of risks
• Planning and implementing appropriate risks responses to threats and opportunities
• Tools and techniques to keep the project under track while responding to emergent risks

This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Case study exercises are used to facilitate practical application and reinforcement of theoretical concepts. Topic driven tutorial sessions are supported by risk simulations that allow delegates to explore their comprehension. Group discussions review the exam questions and quizzes and uncover the approach and prepare for the risk management certification.