Introduction
• Course: Construction risk management
• Lecturer: Assoc. Prof. SY Tien Do, PhD
• Address: Department of Construction
Engineering and Management
• Mobile phone:
• Email: [email protected]
Course objectives
• Providing knowledge of important concepts
of risk management in construction
• Applying the concepts to establish
appropriate risk management plans for
construction
• Applying important risk management tools
and techniques for real world construction
• Applying risk management in construction
case studies
Course objectives
• The course helps students improve their
understanding of fundamental concepts of risk, risk
management process, risk identification, risk
analysis, risk response, risk monitoring and
evaluation, risk management tools and techniques,
reliability of civil and environmental engineering
systems, risk benefit assessment, acceptable risk,
risk management system, applications and case
studies in civil engineering
Course contents
Part I: Risk management
• Chapter 1: Introduction to risk management
• Chapter 2: Fundamentals of risk and uncertainty
• Chapter 3: Risk identification
• Chapter 4: Risk assessment
• Chapter 5: Risk response, Risk monitoring &
evaluation
Part II: Contract management
• Chapter 1: Contract law
• Chapter 2: Risk management in FIDIC contract
Textbooks and materials
Required:
• [1] Roger Flanagan and George Norman (1993). Risk
management and construction. Blackwell Scientific
Publications, ISBN: 0-632-02816-5, HD61.F53 1993.
• [2] Nigel J. Smith ed. (1998). Managing risk in
construction projects. Blackwell Science Ltd., ISBN:0-632-
04243-5, TH438.S54 1998.
• [3] Institution of Civil Engineers and the Actuarial Profession
(2005). Risk analysis and management for projects: A
strategic framework for managing risk and its financial
implications (2nd Edition). Thomas Telford, ISBN: 0-7277-
3390-7.
Textbooks and materials
Supplementary:
• [4] Yacov Y. Haimes (1998). Risk modeling, assessment,
and management. John Wiley & Sons, Inc.,ISBN: 0-471-
24005-2, T174.5.H35 1998.
• [5] John Raftery (1994). Risk analysis in project
management. E&FN Spon, T56.8.R34 1997.
• [6] Peter L. Bernstein (1998). Against the gods: The
remarkable story of risk. John Wiley & Sons, ISBN: 0-471-
29563-9, HD61 .B46666 1996.
• [7] Thomas L. Saaty and Luis G. Vargas (2012). Models,
Methods, Concepts & Applications of the Analytic
Hierarchy Process. Springer, ISBN 978-1-4614-3596-9.
Textbooks and materials
Supplementary:
• [9] John Murdoch and Will Hughes (2008). Construction
contracts: Law and management (4th Edition). Taylor &
Francis, ISBN: 978-0-415-39369-0, KD1641.M87 2007.
• [10] International Federation of Consulting Engineers (FIDIC)
(1999). Conditions of contract for construction for
building and engineering works designed by the employer
(1st edition).
• [11] International Federation of Consulting Engineers (FIDIC)
(2017). Conditions of contract for construction for
building and engineering works designed by the employer
(2nd edition).
Course evaluation
• Study hours: lecture (30h), lab (12h)
• Course evaluation:
– Homework: 10% (Teamwork)
– Mid term: 10% (90 phút) E or V
– Term project: 30% (Teamwork)
– Final exam: 50% (90 – 120 phút) E or V
Homework
• Group: 4-5 people/group – 6 groups
• Homework and assignment in class:
– Danh sách các nhóm (file google sheet)
Term project
• Group: 4-5 people/group – 6 groups
• Requirements:
