Project Risk Management - Building and Construction
3.8 (9 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
108 students enrolled
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Project Risk Management - Building and Construction

How to identify and manage risks on building and construction projects and understanding the Risk Standard ISO31000:2009
3.8 (9 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
108 students enrolled
Created by Exner Education
Last updated 11/2014
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Current price: $10 Original price: $20 Discount: 50% off
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  • 2.5 hours on-demand video
  • 21 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I 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
View Curriculum
  • Basic knowledge of construction projects

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.

Please note that this course is priced in US dollars.

Who is the target audience?
  • Business owners, site managers, construction managers, project managers, risk managers, foreman, contract managers, quality managers
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Curriculum For This Course
32 Lectures
Introduction to This Risk Management Course
1 Lecture 00:00
Risk Management Course Notes
46 pages
Module 1 - Understanding Risk
2 Lectures 15:42

Module 1 - Self Assessment Task
5 pages
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

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

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

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

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

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

Module 7 - Self Assessment Task
1 page
Module 8: The Risk Management Standards
2 Lectures 19:46
The Risk Management Standards Video

Module 8 - Self Assessment Task
1 page
Module 9: Risk Reporting & Risk Plans
2 Lectures 11:42
Risk Reporting & Risk Plans Video

Detailed Risk Plan
9 pages
4 More Sections
About the Instructor
Exner Education
3.9 Average rating
164 Reviews
1,519 Students
24 Courses
Project Management for Building and Construction

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.