Value & Risk Management in Construction
Overview and benefits of value and risk management in construction, as well as processes and techniques that will help to develop analyze the value and risk and use different techniques for decision making considering the uncertainty.
Dr. Sahar Ghareeb
1.Identify the benefits and processes of value management
2.Define the different techniques for qualitative and quantitative risk analysis
3.Using the tools and techniques for decisions making
4.Perform qualitative and quantitative risk analysis
5.Developing value study for construction projects
6.Developing risk management plan
7.Work in a team environment
8.Search for information and refer to relevant literatures
• Introduction to Value and Risk Management in construction
• Philosophy and Process of Value Management
• Function Analysis
• The Nature of Team Dynamics (Managing Value Study Teams)
• Processes of Risk Management in Construction
• Qualitative analysis
• Quantitative analysis
• Decision making - Decision tree
• Decision making - Matrix analysis
• Report seminar