Project Risk Management in Construction Projects

Synopsis

This course aims to equip students with the essential skills and knowledge required to manage the risks in construction projects. It provides thorough discussions of the various concepts, tools and techniques involved in risk management process and applications of how these methods can empower the decision making of the project manager. Case studies of risk management in construction projects will be used to demonstrate key principles of project risk management learnt.

Level: 5
Credit Units: 5
Presentation Pattern: Every July

Topics

Key Principles of Risk Managements
Project Environment and Types of Risks in Construction Projects
Risk Management System in Construction Projects
Risk Identification Techniques
Risks in International Construction Project Joint Ventures
Qualitative Risk Assessment
Quantitative Risk Assessment
Risk Modelling and Simulation for Construction Projects
Risk Mitigation Strategies
Risk Allocation in Contracting and Procurement
Managing Financial Risks
Case Studies

Learning Outcome

Appraise and identify Project Risk
Prepare qualitative risk assessment
Prepare quantitative risk assessment
Appraise and manage the financial risks
Formulate risk response proposals
Recommend risk mitigation strategies
Examine risks in international projects
Set up risk monitoring and control plan

Part-time Programmes / CET Courses

Singapore University of Social Sciences

Project Risk Management in Construction Projects