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OpenLearning

Risk-based Contingency Management Masterclass

via OpenLearning

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Overview

Mode of Delivery

  • Synchronous online: 4 x 3 hour sessions via Zoom

Benefits of Completing

  • Certificate of Completion, jointly endorsed by Western Sydney University, Engineers Australia and Risk Engineering Society.
  • Global recognition and 25 CPD hours from Engineers Australia
  • Complimentary registration to attend the exam for CMP Certificate (Valued at A$400 excluding GST) (Early Bird Rate Only)
  • A learning experience like no other, facilitating peer learning and group discussions

Syllabus

  • Understand the concept of risk and the process of risk management and its integration with contingency management process
  • Evaluate risks applicable in executing projects
  • Understand schedule contingency principles and schedule risks
  • Understand and proactively follow schedule contingency calculation process
  • Identify, analyse and then evaluate risks and opportunities with potential time impact for contingency calculation
  • Understand cost contingency principles and uncertainties associated with developing cost estimate
  • Understand and proactively follow cost contingency calculation process
  • Understand schedule and cost contingency allocation and controls

Taught by

Western Sydney University

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