Construction Risk Management

Alberta School of Business

How long?

  • 8 days
  • online

What are the topics?

Alberta School of Business

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Who should attend

Students from all educational backgrounds welcome.

About the course

Managing risk is a critical function to ensure successful construction projects. Construction is inherently risky including aspects such as: costs, time, physical (personal and property), environmental, jurisdictional, reputation, and general liability. Risk levels and sensitivity must be considered in detail for every project. This course will provide participants a solid foundation in the concepts, tools and techniques of construction risk management. The course draws from various perspective of the construction industry to give students a well-rounded approach to this process and an understanding of the rationale used in developing effective risk management systems.

Course at a glance

  • Recognized by CIQS, Gold Seal, and Blue Seal both as required education for accreditation and continuing professional development (post-accreditation maintenance).
  • Aimed at a wide range of construction workers, including tradesmen and journeymen, managers and supervisors, administrators, contractors, consultants, architects, and construction business owners.
  • Learning resources and materials available through eClass, the University of Alberta’s eLearning management tool.

What you will learn

By the end of this course, you should be able to:

  • Describe the concepts of risk control.
  • Describe all risks associated with the construction industry for construction projects using a systematic classification of risks.
  • Complete risk identification procedures for construction projects.
  • Complete a construction risk assessment for the project after determining the total risk profile that the project demonstrates.
  • Develop a risk analysis using quantitative methods that will appropriately value the risk for the construction project.
  • Create a risk management process plan that will aid the participant in meeting the challenges that each risk presents.
  • Develop risk management techniques to deal with specific categories of risks.
  • Develop risk response strategies (including strategies for mitigating major risks) that will provide specific actions to deal with risks of various types.
  • Perform a root cause analysis to help recommend proper actions to deal with situations for where risks were not previously identified.
  • Review case studies and report on the risks associated with each example.

Take note:

  • Prior knowledge of project management is recommended for student success.
  • Final exam will be held in class; in-class participation will be graded, including group work and case study review.

Construction Risk Management at Alberta School of Business

From  CAD 595$478

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Project management

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Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

We are happy to help you find a suitable online alternative.