In this presentation, learn the importance of performing a risk analysis, including how to discuss probability, severity, understanding an overall risk rating and then determining the disposition of the identified risk, from mitigating, eliminating, transferring or avoiding the risk. As this webinar explains, time and effort during the design process sometimes eliminates costly construction costs or overruns. Agencies have an opportunity to begin taking a hard look at the causes of these costs if they will pause during the design process to apply a risk management process to their projects. This includes assessing, classifying, rating and ranking and then developing a plan to manage the risk.
Duration: 1 hour | PDHs: 1 | Subscription: Members Only
Presented by: Renee Hoekstra