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Effective Risk Management in Construction (Sept 2019)

RICS Royal Institution of Chartered Surveyors

Saturday, 7 September 2019 from 09:30 to 17:30 (HKT)

Effective Risk Management in Construction (Sept 2019)

Ticket Information

Ticket Type Sales End Price Fee Quantity
RICS Professionals 6 Sep 2019 HK$3,500.00 HK$0.00
Non-RICS Professionals 6 Sep 2019 HK$4,000.00 HK$0.00

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Event Details

Date: Saturday, 7 September 2019
Time: 9:30am to 5:30pm 
Venue: Room 3707, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong
CPD: 6 hours
Language: English (supplementary with Cantonese)





No construction project is risk-free, but potential threats can be minimised and managed through the implementation of a risk management strategy. Effective risk management is a process that includes clearly identifying the risks, agreeing how best to manage or mitigate them and the inclusion of appropriate risk allowances within the project budget. In turn, this will allow the practitioner to avoid unpleasant surprises, assists in completion within budget and on time, and allows more robust and certain project management.

You will be given the tools to quantify the risks that impact on cost, performance, and programme, and shown how to apply a risk management process effectively on any construction project. This will enable you to confidently analyse and make recommendations to project teams regarding managing risk.


Learning outcomes

  • Establish a risk management process that can be applied to any project
  • Apply practical tools on any project
  • Critically evaluate the measures that a project team needs to put in place to manage risk effectively
  • Implement the risk management processes in NEC3, PPC2000, PSPC, and JCT Constructing Excellence
  • Analyze and make recommendations to ensure that project teams manage risk effectively




Course Structure

Presentations, supported by extensive real-life examples, will be alternated with group working sessions to enable participants to practice the tools and techniques that are explained. Topics covered will include: the nature of risk and identifying risks, problems with traditional risk management, the application of risk management under different forms of construction contract (NEC3, PPC2000, PSPC and JCT Constructing Excellence), risk tools and techniques, how to value risk, how to manage risk, how to manage costs when risk occurs, strategic risk management, and extensive real-life examples to illustrate the theory.



Who should attend

  • Quantity Surveyors
  • Commercial managers
  • Project Managers
  • Procurement professionals
  • Bidders and estimators
  • Building surveyors 




Mr. Joe K F Wu is one of the Co-Founders of QnS Consultancy Limited which provides integrated consultancy services including Building Information Modelling, Building (BIM) Environment Assessment Method (BEAM) Plus, Quantity Surveying and Risk Management.  He has nearly 30 years real estate and construction project development and cost control experiences in Hong Kong and Mainland China mainly in property developers and consultants.  Mr. Wu is a fellow member of the Royal Institution of Chartered Surveyors (RICS) and member of other local and international professional institutes.  




Early bird (Deadline: 21 June 2019)
RICS Professionals: HK$3,000.00
Non-RICS Professionals: HK$3,500.00

RICS Professionals: HK$3,500.00
Non-RICS Professionals: HK$4,000.00


For inquiries or further information, please contact Mr. Peter Au at +852 2116 9719 or email

Do you have questions about Effective Risk Management in Construction (Sept 2019)? Contact RICS Royal Institution of Chartered Surveyors

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When & Where

RICS Office
Room 3707-09, Hopewell Centre
183 Queen's Road East
Wanchai, Hong Kong
Hong Kong SAR China

Saturday, 7 September 2019 from 09:30 to 17:30 (HKT)

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RICS Royal Institution of Chartered Surveyors

RICS promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure. Our name promises the consistent delivery of standards – bringing confidence to the markets we serve.


We accredit 125,000 professionals and any individual or firm registered with RICS is subject to our quality assurance. Their expertise covers property, asset valuation, real estate management; the development of infrastructure; and the management of natural resources, such as mining, farms and woodland. From environmental assessments and building controls to negotiating land rights in an emerging economy; if our members are involved the same professional standards and ethics apply.

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