VRCA – Construction Risk: Identify, Analyze, Mitigate

Vancouver Regional Construction Association – Construction Risk: Identify, Analyze, Mitigate

Type construction + risk into any search engine and you’ll find that there are few comprehensive entries. Construction is risky business; in fact, you could say that undertaking a construction project is all about undertaking and managing risk. But what is risk? What are the risks specifically faced during a construction project? How are they identified and categorized? How do they change depending on the perspective of the stakeholder? How does one assess the severity or probability of those risks? Most importantly, how are those risks mitigated and managed?

A risk management plan begins by creating a comprehensive check list of various risks faced organized by category. Once a project is considered, a tailored list of possible risks is created and organized. Each risk is assessed and analyzed to create a management and mitigation plan which may include various mitigation tools. The risk analysis tools are continually monitored and re-assessed to determine the real time outcome of the implemented plan.

This hands-on course will walk you through how to create a risk management plan. During each course session you’ll work through applied practical exercises both on your own and in groups with fellow attendees. You’ll receive various spreadsheet-based tools to use in the development of a strategic risk management analysis and mitigation plan and risk assessment matrixes will be provided to help you in risk analysis methods. Finally, you’ll receive a master risk registry tool and your instructor will teach you how to apply and use it.

Date: May 30 – June 2, 2023
Time: 8:30 – 11:30 a.m. (each day)
Location: Online
Cost: $799 (Members) / $999 (Non-members)
Learning Units (LUs): 12 Core
Register: Click here