Construction Risk Management Training

Objectives

• Equip participants with knowledge of key risks in construction projects.
• Develop strategies for identifying, assessing, and mitigating construction risks.
• Enhance understanding of risk management frameworks and tools in construction.
• Foster proactive risk management culture in construction teams.

Content

Introduction to Construction Risk Management

• Definition and types of risks in construction projects
• The importance of risk management in construction
• Risk management processes and frameworks
• Key stakeholders in construction risk management

Risk Identification and Assessment

• Methods for identifying risks in construction projects
• Risk assessment techniques: qualitative vs. quantitative
• Tools for assessing the impact and likelihood of risks
• Creating risk registers and categorizing risks

Risk Mitigation Strategies

• Strategies for mitigating common construction risks
• Contractual risk management: insurance, bonding, and warranties
• Health and safety risk management
• Managing financial, legal, and environmental risks

Implementing Risk Management Plans

• Developing a comprehensive risk management plan
• Monitoring and controlling risks during project execution
• Communication and reporting of risks to stakeholders
• Creating a culture of continuous risk management and improvement

DATE:

1ST BATCH: 25th – 28th Mar,                                       2025    

2ND BATCH: 5th – 8th Aug,                                           2025

3RD BATCH: 25th- 28th Nov,                                       2025