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Risk Management in a Global Construction Context

Learn to to identify, classify and manage risk and to mitigate the impact of an adverse risk event.

Risk Management in a Global Construction Context
  • Duration

    2 weeks
  • Weekly study

    10 hours

Understand how to identify, analyse and mitigate risk in construction projects

This online course provides an introduction to risk management in construction. The processes of risk identification, risk measurement and mitigate risk are explored.

The course introduces you to widely accepted risk assessment, management and control practices using effective tools and techniques.

What topics will you cover?

  • An overview of project risk management - the processes involved and definitions of project risk.
  • The human aspects of risk management - risk attitude and heuristics in construction.
  • An overview of risk identification - describing risks using structured risk descriptions, identification techniques and the risk register.
  • Risk assessment - probability and impact, proximity and inherent vs current risk exposure in construction.
  • Risk responses to threats and opportunities, secondary risks, post response assessment.
  • Implementing responses - updating plans.
  • Managing the process - keeping the process alive and improving risk management in construction.

Learning on this course

You can take this self-guided course and learn at your own pace. On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Explore the definitions and concept of risk management in construction
  • Identify how risk is quantified and the processes that a project manager requires to manage risk effectively
  • Apply skills and knowledge to establish a risk management process
  • Evaluate different alternatives to effectively manage and mitigate the risks in construction using analytical methods and evaluation techniques

Who is the course for?

This course is for people seeking a better understanding of how to identify, classify and manage risk systematically for the duration of a construction project.

Please note that the staff described in the ‘Who will you learn with?’ section below may be subject to change.

Who will you learn with?

Dr Abdussalam Shibani Associate Professor in Construction Management, PhD in Construction and Project Management, Course Director MSc Construction Management with BIM.

Who developed the course?

Coventry University

Coventry secured gold in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is University of the Year for Student Experience in The Times & The Sunday Times Good University Guide 2019.

  • Established

    1992
  • Location

    Coventry

Learning on FutureLearn

Your learning, your rules

  • Courses are split into weeks, activities, and steps, but you can complete them as quickly or slowly as you like
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control

Want to know more about learning on FutureLearn? Using FutureLearn