Construction Management: Managing Risk

Course details

Risk is an inherent part of construction and an integral part of the construction manager's job. Over the course of a project, you may have to manage compliance and safety issues, schedule and cost overruns, contract disputes, and more. To be successful, you need to understand the biggest risk factors faced on a job site and how to mitigate them. In this course, OSHA Authorized Outreach Trainer Jim Rogers explains the basics of risk management for construction. Learn how risk changes with the complexity of the project and the type of delivery method being employed. Review your role and the scope of the risk management process, from analysis to control. Finally, review how technology can help you manage the challenges involved in daily activities.

Learning objectives
Defining risk
Identifying the role of the construction manager
Analyzing risk
Controlling risk
Managing challenges: scope, safety, communication, and more

Concepts

0. Introduction

01 - No risk, no reward
02 - What you need to know

1. Introduction to Risk Management in Construction

03 - Defining risk
04 - The role of the construction manager
05 - Risk vs. project type
06 - Risk vs. project delivery method

2. The Risk Management Process

07 - The process of risk analysis
08 - The risk analysis matrix
09 - Risk analysis examples
10 - Establishing a documentation system
11 - Methods of controlling risk
12 - Understanding risk transfer

3. Challenges and Solutions

13 - Managing scope
14 - Managing subcontractors and suppliers
15 - Managing safety
16 - Avoiding third-party claims
17 - Improving communication
18 - Suggestions for leveraging technology
19 - Mitigation through permits and checklists
20 - Understanding complicated versus complex
21 - Manage schedule risk with lean

Conclusion

22 - Beyond identifying, assessing, and managing risk