Risk Management

Develop your risk management capability to improve project performance and client trust

Overview

The impact of poorly managed risk on construction projects can lead to low client trust and ultimately a lack of future project work. It is imperative for your business that you understand where risk lies on your projects, and how you can mitigate the effects of it.

Through this online module, you will develop the risk management skills that are expected of a qualified RICS Quantity Surveyor and by RICS firms, giving you the confidence that you have the necessary capacity to perform effectively.

Learning Outcomes

• Describe risk management principles and key mitigation strategies.
• Quantify risk and the effect of risk on programmes and costs.
• Identify who owns risk in relation to the chosen procurement route on your project and how risk is dealt with on varying procurement routes.
• Recognise the appropriate procurement route(s) in relation to your client’s risk attitude.
• Take ownership of the risk register.

Course Content

The topics you'll work through in this module include:

• Introduction to risk management
• How commercial risks are managed
• Mitigation of commercial risks
• Risk in commercial management of construction
  

Course Learning Activities

This course combines an interactive eLearning module with supplementary reading lists, a self-study case study activity to test you application of newly developed skills and multiple choice-quizzes to track your progress.