Course
Design firms face risk every day. At times, the practice of architecture or engineering can feel like a minefield. The purpose of this course is to help guide design professionals through the process without getting blown up by risk. A proactive Risk Management Plan is an essential element of loss prevention and a key ingredient of financial success for a design firm. When a Risk Management Plan is integrated into a firm’s culture and embraced by its leadership, it makes a significant positive impact on business performance and longevity. Learners will gain strategies and tools to help them develop an effective plan that contemplates the entire project cycle: from client selection to project inception and through project close-out.
Learning Objectives:
- Recognize the importance of having a Risk Management Plan
- Be able to distinguish between two broad types of risk for design professionals and identify the four parts of the risk management model
- Understand the purpose and composition of a Risk Management Team
- Learn the seven components of an effective Risk Management Plan:
- Project/client selection
- Team capabilities
- Contract review and negotiation
- Contract education for the design team
- Communication and documentation
- Project and quality management
- Staff training and development
Presenter: Diane Mika, Vice President, Director of Risk Management Education, Berkley Design Professional