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.
- 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.
Read more about Project management
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.