Construction Project Risk Management Asia 2009
Event: 28th July 2009 – 29th July 20091 Comment
Country: Singapore
City: Singapore
Event website: Construction Project Risk Management Asia 2009
Overcome risk, uncertainty and exposure in your project
What risks will you face in your next project? Project risks do come in many shapes and sizes, but one thing is for sure, an unconsidered risk is a threat to project success.
You will agree that in the current financial climate, it is more important than ever before to mitigate risk in your project delivery. With costs escalating, time expansions on projects, an ageing workforce, and project funding on the decline, the inherent risks mean more pressure on you and your team to reduce costs and effectively manage your exposure.
Do you need to…
1) Indentify the potential sources of risk in your project and their impact
2) Review your project financing options and learn about best practice for alternative financing options
3) Balance quality, safety and financial risk in your project delivery
4) Negotiate and apportion risk around a time expansion and shift in specifications
5) Secure value for money in your project delivery
When was the last time that you audited the risk inherent in your project?
Project audits are rarely welcomed on any project. But, if they are done correctly, they offer a unique opportunity for process improvement and project rescue. If you are facing the above challenges and agreed to more than one of these issues – it is likely there is a high proportion of uncertainty (and thus risk) in your current project.
It might be useful for you to conduct an audit and to take this opportunity to up skill yourself and your staff and ensure that this uncertainty is managed and controlled as tightly as possible.
Why is this event valuable for you?
Risks you are facing include one (or all) of the following:
- Late delivery of the project
- Increases in operating costs
- Design and construction defects impacting upon the operation of the completed project
- Deficiencies in other infrastructure or services upon which the successful operation of the project depends
- Site conditions that might be encountered and the consequences of unanticipated conditions
- Construction risk
If you have not recently audited your risk, or you are facing the above risks – this event can help you with some best practice tools and techniques to turn your project around and reduce your exposure to project failure, costly time extensions and financial strife.
Join the event to develop and explore best practice around the following project management challenges…
22nd June 2009 at 5:35 am
Wow good event.