Risk Management – dealing with uncertainty
Identifying, analysing and responding to risks to achieve a project’s objectives related to time, cost and quality.
Construction projects are complex and will inevitably involve elements of uncertainty regarding future events that may cause a project to fail to meet one or more of its objectives. Whether internal or external to a project, these potential events, known as risks, need to be managed in order to achieve project success.
Dealing with the risks related to time, cost and quality this course will focus on the core principles and practices related to understanding why project fail, assessing and identifying potential risks, and implementing risk management processes. You will also have the opportunity to create your own risk register during an interactive workshop.
At the end of the course you will be confident with your understanding of dealing with risks, and will be able to identify positive opportunities to improve your projects performance.
It is suitable for project managers, client’s representatives, site managers, quantity surveyors, project planners, project controllers, contract administrators, procurement staff, design consultants and sub-contractors.
By the end of the course you will be able to:
- Understand risk management principles and practice
- Identify and analyse risks
- Develop responses to risk
- Create a risk register
- Implement risk management plans
Your course will cover:
- Risk management principles and practice
- Why projects fail or succeed
- Risk management process
- Identifying risks
- Assessing the probability and impact of risks
- Developing appropriate responses to risks
- Creating the risk register
- Implementing the risk management plans
- Monte Carlo Analysis
- Monitoring and reporting
- Risk Management workshop
- Practical workshop where you develop a risk register based upon a practical case study
Peter Curtis BSc(Hons) MCIOB MCIArb MAPM
Peter is a project management consultant, adjudicator, mediator and trainer with over thirty five years of experience in construction. He has worked on all sides of the industry for contractors, client organisations and as a consultant.
Peter has a wealth of practical project management experience both in the UK and overseas. This experience and expertise in invaluable in assisting clients improve the way they manage their projects and to develop their people.
The approach to training is highly innovative and he has developed major corporate in house programmes for apprentices, graduates and senior staff covering a wide range of project management, contract law and technical topics.
He also acts as a claims consultant, mediator and adjudicator in contractual disputes. Peter is passionate about helping people and businesses to achieve their full potential and make a positive contribution to the success of their projects.