| Construction Risk Management AFRICA |
Held on 18th and 19th August 2009
The Construction Risk area includes sections on
Construction Risks & Exposures, Construction Defect
Mitigation, Risk Management Strategies, Risk Transfer and
Risk Financing. The two most problematic areas for
construction professionals to effectively manage are
contractual risks and the insurability of projects.
Construction of an infrastructure project of a certain
magnitude implies considerable risks. Risk assessment
during the construction period is an important tool for
the construction management giving part of the basis for
mitigation actions against major accidents as well as
delays in production.
Effective Risk Management requires a multi-disciplinary
approach. The effective apportionment of risk between
participants requires an understanding of the legal
system in which the construction project operates. Risk
Management requires first an identification of the
particular risks and secondly an examination of the
engineering and legal responses to allow the risk to be
redirected or avoided or transferred to a particular project
participant.
Risk and responsibility are usually interrelated although
not necessarily so. The transfer of the cost of risk without
control however, is not necessarily cost effective.
In general construction contracts do not directly
apportion risk, but deal with risk by defining contractual
obligations subject to exceptions. The exceptions are
based on the specific risk.
Some of the issues addressed in the conference where:
The following where dealt with by the international panel of industry leaders
Would you benefit from knowing how to invest in an
untested partnership?
What are the risks that construction contractors bear
every day?
Develop and explore best practice around risk
management challenge..
Meet like-minded professionals at this industry event
Understanding the power of collaborative approaches to
identifying and managing risk
Clearly defined understandings of risk allocations and risk
governance challenges for your project delivery model.
Understanding how ineffective stakeholder
management can be a cause of risk and relate directly to
financial risk.
Sponsoring the project: schedule overruns
pre-termination
Establishing a robust : It is not whats in the contract, but
what is not in the contract that typifies your risk portfolio
Understand the legal system in which the construction
project operates
Evaluating Lean Construction Methodologies and their
significance for alliance
Knowing how to form a focused and
committed team to determine a successful
project outcome?
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Speakers |
Chaired by: Allan Nenguke
Director: MLC Quantity Surveyors
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Andy Griffiths
Director:GOBA (Pty) LTD
Lara S. Wild
Registered FSP Representative, Senior Account Manager Projects Division: A Division of Glenrand MIB Limited,
Insurance Brokers & Risk Advisory Services
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Mr. Fred Crofts
Pr. Eng, MSAICE, MASCE, MBMS, MSAAI, ACT Principal
Lecturer, Academic & Industry Consultant:
Tshwane University of Technology. Department of Civil
Engineering
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Mr. Rob Johnson
Executive Director:Master Builders Association (MBA)Western Cape
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Mr. Denver Dreyer Pr Eng
Director:KV3 Engineers
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Mr. Ronnie Khoza
Chief Executive Officer:Construction Industry Development Board (CIDB), South Africa
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Mr. David Campbell
Managing Director:Professional Liability Acceptance (Pty) Ltd
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Ms Nana Yaa Young-Gyampo
Executive Director:Executive Director: Young-Gee Ltd and Member of the Association of Road Contractors (ASROC), Ghana
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Ms Virginia Madiro
Acting Dean: Faculty of Built Environment Department of Architecture, Department of Civil and Water Engineering
National University of Science and Technology, Bulawayo, Zimbabwe
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| Future Conferences |
State-owned Assets Supervision and Administration Conference
On 16 and 17 November 2010
Read more
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Thought of the week
Even the best men, if left to themselves, will err in judgement. Ellen G. White.
Acts of the Apostles p.g.196
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