Effective Construction Risk Management is what allows project teams to anticipate problems before they escalate, protecting cost, schedule, and reputation across the life of a project. This training course gives participants a structured, practical approach to identifying, assessing, and mitigating risk on construction and infrastructure projects, moving risk management from a compliance exercise to a genuine driver of project success.

Participants will learn how to build and maintain a live risk register, apply proven methods for evaluating project uncertainty, and develop practical mitigation strategies that reduce exposure without stalling progress. The course also connects risk management to broader compliance requirements and governance structures, helping participants embed risk thinking into everyday project decision-making rather than treating it as a standalone activity.

This program is delivered by The British Academy for Training and Development through its Identifying, Assessing and Mitigating Project Risks Training Course, designed to build practical, applicable risk management capability for construction professionals.

By the end of this training course, participants will be able to:

• Identify the key sources of risk on construction and infrastructure projects
• Build and maintain an effective risk register throughout the project lifecycle
• Apply qualitative and quantitative methods to assess project uncertainty
• Prioritize risks based on likelihood, impact, and project context
• Develop and implement practical mitigation strategies
• Align risk management practices with compliance requirements
• Establish governance structures that support consistent risk oversight
• Communicate risk information clearly to project stakeholders and leadership

Target Group

• Project and construction managers responsible for risk oversight
• Risk managers and risk engineers
• Planning and project controls professionals
• Contract administrators and commercial managers
• Compliance and governance professionals on construction projects
• Consultants and client-side teams managing project risk exposure

Foundations of Construction Risk Management

• Understanding risk in the context of construction and infrastructure projects
• The risk management process across the project lifecycle
• Roles and responsibilities in managing project risk

Identifying Project Risks

• Techniques for identifying risk across scope, cost, schedule, and safety
• Sources of project uncertainty and where they typically arise
• Engaging stakeholders in risk identification

The Risk Register

• Structuring and maintaining a risk register
• Categorizing and prioritizing risks
• Keeping the risk register a living project tool

Assessing Risk

• Qualitative risk assessment techniques
• Quantitative methods for evaluating project uncertainty
• Assessing likelihood, impact, and interdependencies between risks

Mitigation Strategies

• Developing practical mitigation and response plans
• Balancing risk mitigation with project schedule and budget
• Monitoring the effectiveness of mitigation actions

Compliance and Governance

• Aligning risk management with regulatory and contractual compliance
• Establishing governance structures for risk oversight
• Reporting risk to leadership and external stakeholders

Practical Application

• Case studies in construction risk management
• Building a risk-aware project culture
• Lessons learned from real project risk events