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CMGT 8060 - Risk Management in Design & Construction of Buildings

Construction Management - CMGT Part-time Studies Course

School of Construction and the Environment

Course Details

Risk analysis and management in design and construction have, in the past, tended to depend mainly on intuition, judgment and experience. This course will help the student explore the subject of risk in a more objective manner, looking at both traditional risk management through the use of CPM/PERT/MSC and a more systematic analysis of defining, assessing and treating risk to help decisions to proceed and aid in managing the work. The lectures will be delivered in 3 hour units per week by a qualified Professional Quantity Surveyor. The 3 hour units will be broken down into a 1 hour lecture and a 2 hour lab session allowing the student to work within a group context to assist learning and allowing question and answer time with the lecturer.

Prerequisite(s)

CMGT 7110 and CMGT 7330

Credits

3.0

Cost

$656.33

Winter 2018

Below is one offering of this course for the Winter 2018 term.

CRN 82105

Thu Jan 11 - Thu Mar 29 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 11 - Mar 29 Thu 18:30 - 21:30 BBY NE01 Rm. 404

Instructor

Michael Garrett

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$656.33

Notes

  1. Students taking this course should have the finance course prerequisite. CMGT 7330 or post secondary Math. This course counts as a CMGT management elective and is part of the CIQS application process for those who quialify.

This course offering is in progress. Please check back next term or subscribe to receive email updates.

In Progress

Learning Outcomes

Upon successful completion, the student will be able to:

  • Apply the tools that have been developed in the course and throughout the program to identify, analyze and manage risk in the development and construction of buildings.
  • Interpret the subject of risk in a more objective manner.
  • Select and apply common construction management tools to asses risk management using CPM and other tools (PERT/MSC).
  • Apply a more systematic analysis to defining and treating risk to help decisions to proceed and aid in managing the work as it moves through the various phases of design and construction.
  • Construct a more definite categorization of risk using a risk registry to identify and quantify the risks in a project.
  • Apply methods involving financial benefit analysis, contract clauses, insurance and other instruments for development and construction activities.
  • Develop plans to aid in minimizing losses and enhancing profitability.

Effective as of Fall 2011

Related Programs

CMGT 8060 is offered as a part of the following programs:

School of Construction and the Environment

  1. Construction Management
    Full-time/Part-time   Bachelor of Technology

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Winter 2018

Books for Winter 2018 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Risk Management in Projects
Author Martin Loosemore, John Raftery, Charles Reilly, David Higgon
Publisher Routledge
Copyright 2004
Binding Hardback
ISBN 978-0-41526-055-8
Price $264.95
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Registration is currently open for the Winter 2018 term.

A sneak preview of Spring/Summer 2018 term courses is also now available here.

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