CIV ENGR 406: Construction Project Risk Management

Course Description

Risk management skill sets are necessary tools for the successful project manager. Project Management Institute's (PMI) 6 steps of project risk management constitute the basis of the content, which includes an expanded knowledge of risk identification, qualitative and quantitative risk analysis, risk control, contract risks, and risk transfer options. Business and project risks such as client selection, project planning, and project execution, will be considered as well as legacy risks that remain with the business and participants beyond the project completion. Different risk management strategies will be discussed, including risk avoidance, risk mitigation, and risk transfer.