This course is designed to educate, certify, and provide test preparation for Construction Management professionals wanting to take and pass the Construction Management Association of America (CMAA) certification exam as it relates to the Risk Management portion of the exam.
Risk identification and mitigation is what defines the role of a construction manager. Without properly identifying and mitigating risks, you will have an increased chance of your project running behind schedule and/or over budget. Identification and mitigation of the potential for risks is at the very core of what we do as construction managers.
At the end of this CMAA Test Prep and Risk Management Certification Course, you will be able to understand:
- Risk Management Process and Components
- Implementation Strategies
- Risk Allocation
- Risk Identification
- Risk Breakdown Structure
- Quantitative Risk Analysis
- Qualitative Risk Analysis
- Probability of Risk
- Severity and Extent of Risk
- Implementing Risk Management
- Project Delivery Systems
On top of receiving your certification in successfully completing this course, you will also gain knowledge and understanding to be able to sit and successfully pass the Risk Management portion of the Construction Managers Association of America (CMAA) Construction Manager Certification Exam.
Will I receive contract administration in construction reference material that I can download and use for future?
Yes! When you sign up for the course, you will be able to access, download, and print the sustainable practices document that you can utilize for future reference.
What are some major risks in construction?
Safety – Implementing a safety policy is the first step in building a safety culture on your project. Without a safety culture in place, your risk for safety injuries and violations dramatically increases.
Constructability – Trees, powerlines, means & methods, underground utilities, ground water, and environmental constraints are all examples of factors that can lead to constructability issues.
Poor contract administration – Poorly written contracts and administration can lead to quality, scope, safety, schedule, and/or budgetary issues on the project.
Unforeseen site conditions – Unknown areas at, overhead, or underneath the construction site can be a constructability or safety risk at our construction site.
What is a risk register?
A risk register defines the risks associated with a particular construction activity. These are sometimes referred to Jobsite Safety Analysis (JSA) and Activity Hazard Analysis (AHA). The risk register breaks the work for the activity into steps (i.e. Earth-Formed Footers àDig trenchàInstall RebaràPlace ConcreteàCure). All of the steps have some level of risk. The risk register defines the risk in each activity and what steps are taking to mitigate these risks. This should be discussed with the construction team prior to the start of this activity.
Is it possible to mitigate all risks in a construction project?
Though the concept seems possible, you will be unable to remove all risks associated with the construction project. Owner’s hire contractor’s not only for their expertise to build, but also the fact that they take on the risk associated with the project. How the project stays profitable to the contractor is their ability to mitigate their risks. Without this processes, most construction projects will fall short of the contractor’s goals.
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