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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. It is the introductory course to the ASQA Unit of Competency Manage Project Risk BSBPMG508A - which is part of the Diploma of Project Management BSB51413. Contact us at Exner Education if you are interesting in the Unit of Competency or full Diploma Course.
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|Section 1: Introduction to This Risk Management Course|
Risk Management Course Notes
|Section 2: Module 1 - Understanding Risk|
Understanding Risk - VideoPreview
Module 1 - Self Assessment Task
|Section 3: Module 2 - Risk Management Framework|
|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
|Lecture 5||1 page|
|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.
|Section 4: Module 3 Types of Contracts|
Types of Contracts Video
Module 3 - Self Assessment Task
|Section 5: Module 4 - Risks Identification|
|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
|Lecture 9||1 page|
|This is a sample work breakdown structure (WBS) - demonstrating how projects can be viewed as sub-projects and referring to the various scheduling techniques.|
Module 4 - Self Assessment Task
|Section 6: Module 5: Analysing & Prioritising Risks|
|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
|Lecture 12||1 page|
|Here is a sample Risk Register completed - with explanations on that the different items to record are.|
Module 5 - Self Assessment Task
|Section 7: Module 6: Risk Response and Treatment|
Module 6: Risk Response & Treatment Video
|Lecture 15||1 page|
|This flowchart outlines the tasks required to be completed in each of the risk management phases.|
|Lecture 16||2 pages|
|Complete this self assessment task to further understand how to monitor and control risks on an ongoing basis.|
Module 6 - Self Assessment Task
Module 6 - Self Assessment Task (2)
|Section 8: Module 7: Decision Making Under Risk|
Decision Making Under Risk Video
Module 7 - Self Assessment Task
|Section 9: Module 8: The Risk Management Standards|
The Risk Management Standards Video
Module 8 - Self Assessment Task
|Section 10: Module 9: Risk Reporting & Risk Plans|
Risk Reporting & Risk Plans Video
Detailed Risk Plan
|Section 11: Module 10: Evaluating the Risk Plan|
Evaluating the Risk Plan Video
Module 10 - Self Assessment Task
|Section 12: Best Practice Guidelines/Readings in Risk Management in Construction|
|Lecture 27||21 pages|
|Exner's Research Paper discusses the correlation between Risk Management and Delivering Value for Money on Major Infrastructure Project. It defines both Risk Management and the Concept of Value for Money and how they complement each other in successful project delivery.|
Project Risk Management-Uncertainties & Unknowns
Best Practice in Construction Risk Management - Safety
Construction & Infrastructure Risk Management through Insurance
|Section 13: Assignment: A Detailed Risk Management Case Study for further your knowledge|
|Lecture 31||8 pages|
|This Major Case Study Consolidates all your knowledge on the topic of Risk Management in Building and Construction - test your competencies!|
|Section 14: Freedom to Choose - Exner TV Ad|
Freedom to Choose
Exner is an integrated education and consulting firm with over 25 years of experience providing an extensive range of professional management services to the construction industry. Our hands-on experience includes design and construction, expert claims quantification and management, project management, business systems consulting, value for money models, safety in design and risk management systems.
Exner Education is an ASQA registered RTO and is the training development and delivery branch of Exner. From its practical experience and knowledge Exner Education has designed, developed and delivered construction specific training over the past 15 years. Exner Education provides a 'hands on' practical approach to training, developed and delivered by people who have real current practical experience in the field and are qualified VET sector trainers. This gives Exner a unique ability to balance both theoretical teaching knowledge complemented with current 'best practice' work examples.
Our Training & Education experience includes the instructional design of training ranging from:
· safety and site compliance;
· project management including from tender preparation, claims management to project close out;
· engineering practices; and,
· corporate improvement strategies.
Exner Education has designed, developed and delivered training for both large and small companies as well as government authorities including, Leighton Contractors, Pro-Build, Grocon, Schiavello, MBAV, HIA, VMIA, Nicholson Construction, Johns Lyng, APM Group, Victorian Managed Insurance Authority, VicRoads, Department of Treasury and Finance and Victorian Catchment Management Authority.
Exner continues to develop its online learning 'experience' and provides a unique interactive delivery methodology which gives students world first teaching tools, combining Exner's practical construction knowledge with core theory to further enhance the students learning experience.