Project Risk Management - Building and Construction
3.3 (24 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
169 students enrolled

Project Risk Management - Building and Construction

How to identify and manage risks on building and construction projects and understanding the Risk Standard ISO31000:2009
3.3 (24 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
169 students enrolled
Created by Exner Education
Last updated 11/2014
English
English [Auto-generated]
Price: $54.99
30-Day Money-Back Guarantee
This course includes
  • 2.5 hours on-demand video
  • 22 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Understanding the risk management process on construction projects
  • Knowledge of the International Risk Management Standard
  • Knowledge of different types of construction contracts and how they are used on different projects to manage risk
  • Risk response and treatment on construction projects
  • Understanding which tools to use to manage risk
  • How to make decisions when face with risk
  • How to prepare a risk report
  • How risks are registered
Requirements
  • Basic knowledge of construction projects
Description

This course has been designed for business owners and anyone involved in project management, and will be of particular interest to Estimators, Builders, Engineers, Construction and Project Managers, Project Coordinators and Site and Works Managers or those intending to be involved in the area of controlling costs, quality or any other risks on projects. If you would like to discuss being assessed for this course, please visit our website. Upon successful completion you will receive a certificate of attainment.

Who this course is for:
  • Business owners, site managers, construction managers, project managers, risk managers, foreman, contract managers, quality managers
Course content
Expand all 32 lectures 06:10:35
+ Module 2 - Risk Management Framework
2 lectures 10:31
This video explains Understanding and Designing a Risk Management Framework in your organisations. It covers

1) Project Risk Management as a Cyclical Process

2) Designing a Framework for Risk Management

3) Risk Plans - what they contain, what they are used for

4) Business Risk v Construction Risk

5) Risk in Construction Projects

6) Choosing the Correct Construction Contract to Manage Risks

7) Risk Allocation

8) Contractual Risk - Key Areas to Consider on Construction Projects


Risk Management Framework Video
10:31
This Checklist Covers the Factors that will influence the risk management process in your organisation - it lists those factors being: Company, Human and Process factors, and then goes on to set out the issues that you must consider for each of the influencing factors. 
Attachment A: Company, Human and Process Issues in Risk Management
1 page
+ Module 3 Types of Contracts
2 lectures 15:21
Types of Contracts Video
15:21
Module 3 - Self Assessment Task
1 page
+ Module 4 - Risks Identification
3 lectures 11:06
The Video for Module 3 on Risk Identification discusses how risk managers should focus on what could happen rather than what should happen on a construction project. The video covers in detail:
1) Source & Effect of Risk

2) Using Checklists for Risk Identification and types of Construction Risk Classification Checklists
3) Risk Identification Methods
4) People and a Systematic Risk Process

5) The Aim of the Risk Process


Risk Identification Video
11:06
This is a sample work breakdown structure (WBS) - demonstrating how projects can be viewed as sub-projects and referring to the various scheduling techniques. 
Attachment C: Work Breakdown Structure (WBS) Example
1 page
Module 4 - Self Assessment Task
1 page
+ Module 5: Analysing & Prioritising Risks
3 lectures 15:08
This Module 4 video covers the purpose of risk analysis and how an analysis can be either qualitative or quantitative. It covers in detail:
1) Risk Ranking
2) Registering Risks - Risk Registers
3) Qualitative Approach to Risk
4) Quantitative Approach to Risk
5) Quantifying Risks - and how to express the quantity of risk
6) Examples of quantifying risks

Analysing and Prioritising Risk Video
15:08
Here is a sample Risk Register completed - with explanations on that the different items to record are. 
Attachment D - Risk Register
1 page
Module 5 - Self Assessment Task
2 pages
+ Module 6: Risk Response and Treatment
5 lectures 19:37
Module 6: Risk Response & Treatment Video
19:37
This flowchart outlines the tasks required to be completed in each of the risk management phases. 
Attachment E: Management Phases of Risk - Flowchart
1 page
Complete this self assessment task to further understand how to monitor and control risks on an ongoing basis.
Module 6: Detailed Notes on Risk Monitoring and Controls
2 pages
Module 6 - Self Assessment Task
2 pages
Module 6 - Self Assessment Task (2)
1 page
+ Module 7: Decision Making Under Risk
2 lectures 10:15
Decision Making Under Risk Video
10:15
Module 7 - Self Assessment Task
1 page
+ Module 8: The Risk Management Standards
2 lectures 19:46
The Risk Management Standards Video
19:46
Module 8 - Self Assessment Task
1 page
+ Module 9: Risk Reporting & Risk Plans
2 lectures 11:42
Detailed Risk Plan
9 pages
Risk Reporting & Risk Plans Video
11:42