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Managing Construction Project Risk  

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training seminars by NBI Inc. NBI Inc.   

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This basic level program will provide valuable information on managing risk in construction projects for: Attorneys, Contractors and Subcontractors, Developers, Engineers, Architects, Project Managers

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Seminar Summary:

Don't miss this opportunity to get the skills that you need to minimize the risk in your next project – enroll today! (see full course description)

 

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Training Course Syllabus:


Gain Valuable Tips, Techniques and Strategies for Reducing Construction Project Risk

Every construction project has a certain level of risk associated with it. Do you know what to do if financing falls through, the project gets off track or a delay or disruption occurs? Don't miss this opportunity to get the skills that you need to minimize the risk in your next project – enroll today!

  • Learn how to identify common areas of risk so you can avoid them later.
  • Take away tips for reducing risk through fraud prevention, avoiding conflicts of interests and avoiding kickbacks.
  • Gain valuable techniques for managing the construction schedule to stay on task and on budget.
  • Do you know why it is critical to keep accurate project documentation and records? Find out how it can help manage construction risk.
  • Learn what you can do to overcome project delays, disruptions, suspensions and project terminations and minimize your damages.
  • Be prepared to handle damage with tips for quantifying, assigning and mitigating damages.
  • Know your options when disputes arise: gain strategies for avoiding litigation and utilizing alternative dispute resolution techniques.


  1. BASICS OF CONSTRUCTION RISK MANAGEMENT
    9:00 - 10:00, Philip E. Beck
    1. Risk Allocation
      1. Project Risks
      2. Site Risks
      3. Performance Risks
      4. Owner Risks
      5. Contractor Risks
      6. Shared Risks
    2. Problems Arising From Poor Risk Allocation
    3. Establishing a Risk Management Program
    4. Managing Risk During the Design Phase
    5. Managing Risk During the Construction Phase
  2. REDUCING PROJECT RISK
    10:00 - 10:30, Philip E. Beck
    1. Reducing Opportunities for Fraud, Conflicts of Interest and Kickbacks
    2. Types of Insurance
    3. Using Surety Bonds
    4. Identifying and Managing Areas of Potential Risks
  3. PROJECT MANAGEMENT TIPS AND TECHNIQUES
    10:45 - 12:00, Roy R. Beeson and David R. Pierce
    1. Managing the Construction Schedule
    2. Budgets, Estimates and Cost Control Mechanism
    3. Project Administration
    4. Drafting and Modifying Contracts
    5. Contract Administration
    6. Critical Project Documentation and Recordkeeping
  4. OVERCOMING COMMON CONSTRUCTION PROBLEMS
    1:00 - 2:00, Nicholas S. Papleacos
    1. Delay, Disruption, Suspensions and Project Termination
    2. Changes and Accelerations
    3. Differing Site Conditions
    4. Construction Liens
    5. Avoiding Disputes During Design Phase
    6. False Claims
    7. Waivers of Subrogation
  5. ASSESSING AND MITIGATING DAMAGES
    2:00 - 2:45, Roy R. Beeson, David R. Pierce, William J. Sheppard and Bruce C. Smith
    1. Calculating Losses
    2. Assigning Responsibility
    3. Quantifying Damages
    4. Tips for Mitigating Damages
  6. DISPUTE RESOLUTION VEHICLES THAT WORK
    3:00 - 3:30, Roy R. Beeson, David R. Pierce, William J. Sheppard and Bruce C. Smith
    1. Using Alternative Dispute Resolution Techniques
    2. The Arbitration Process From Start to Finish
    3. Mediation Techniques That Really Work
    4. Strategies for Avoiding Litigation
    5. Knowing When to Litigate
  7. AVOIDING ETHICAL CONFLICTS
    3:30 - 4:30, Roy R. Beeson, David R. Pierce, William J. Sheppard and Bruce C. Smith
    1. Confidentiality
    2. Multiple Party Representation
    3. Handling Multi-Jurisdictional Issues

Seminar Summary:

Don't miss this opportunity to get the skills that you need to minimize the risk in your next project – enroll today! (see full course description)

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