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Course Description - Risk Management PDF

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Alex Timoc
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98 views2 pages

Course Description - Risk Management PDF

Uploaded by

Alex Timoc
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Risk Management

Duration: 1 Month
CPD hours: 3 hours

Course Summary

The impact of poorly managed risk on construction projects can lead to low client trust and ultimately a lack of
f uture 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 f irms, giving you the confidence that you have the necessary capacity to
perf orm effectively.

Learning Outcomes

By the end of the course, you will be able to:


• Describe risk management principles and key mitigation strategies
• Quantif y risk and the effect of risk on programmes and costs
• Identif y 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 Structure

This course is broken down into four parts:

Part 1: Introduction to Risk Management


• Origins of risk management
• Ascertaining risks
• Def ining and managing risks
• Risk management tools

Part 2: How Commercial Risk is Managed


• Def initions of risk
• Key principles and strategies

Part 3: Mitigation of Commercial Risks


• Commercial options
• Approaches to manage risks

Part 4: Risk in Commercial Management Construction


• Overview of risk and key issues
• How to manage risks

Risk Management
Course Materials

You will have access to various learning activities that ensure you achieve the right level of knowledge in this
topic area.

e-Learning module
This interactive module delivers the technical content of your learning objectives.

Reading materials
The main content is supported by structured essential and f urther reading materials. These could be
prof essional guidance and standards f rom RICS, legislation, websites, videos or inf ormation taken f rom the
latest insight articles and research.

Case study
The case study is a scenario assignment for you to put theory f rom the e-Learning module into practice by
using knowledge gained on a project or situation. After you have completed the case study, you can check
how well you did against the model answer.

End of module quiz


This is a short quiz to assess how much of the course has been absorbed.

Risk Management

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