Risk and Construction Management, New Engineering Contracts Techniques and Knowledge Based Structure

Start Date End Date Venue Fees (US $)
09 Nov 2025 Riyadh, KSA $ 3,900 Register

Risk and Construction Management, New Engineering Contracts Techniques and Knowledge Based Structure

Introduction

Construction Risk Management provides you with a better understanding of construction loss exposures and applicable coverage for any type of contractor, enables you to provide practical feedback on contract insurance and indemnity requirements/provisions, and helps you control costs and properly structure more comprehensive risk management and insurance program.

Objectives

    This course enables delegates to study the construction risk management processes and the associated activities.

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practice. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

Engineers, facilities engineers and project engineers who are working on the evaluation of different construction projects.

Course Outline

  • Construction projects
  • Elements of Project Evaluation.
  • Making business decision.
  • Purpose of evaluation.
  • Tools for evaluation.
  • Management issues in project evaluations.
  • The Economic Analysis
  • Time value of money
  • Traditional models of profitability
  • About risk and uncertainty
  • 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

Accreditation

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