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INSTRUCTOR: 
Nils J. Gransberg, Ph.D., DBIA, A.M.ASCE

Purpose and Background

Geotechnical risk is a common, substantial component of a project’s risk profile that may be difficult to quantify and develop reasonable contingencies for. Differences in risk perception, risk bias, and risk shedding behaviors between the Owner, Engineer, and General Contractor can be mitigated using tools, techniques, and processes developed to actively manage a project’s geotechnical risk. This course will provide instruction on the fundamentals of capital projects risk management and introduce participants to a selection of effective, field-proven risk management tools supplying the project team with the capability to actively manage geotechnical risk and reduce the risk of unforeseen site conditions claims.

Benefits and Learning Outcomes

Upon completion of this course, you will be able to:

• Explain the fundamentals of risk management in construction.
• Explain the fundamentals of geotechnical risk.
• Identify and manage geotechnical risks to the project.
• Evaluate risks and allocate them among project stakeholders.
• Develop reasonable contingencies for geotechnical risks that are tied to the budget.
• Employ modern risk management tools.

Assessment of Learning Outcomes

Students' achievement of the learning outcomes will be assessed via a short post-assessment (true-false, multiple choice and fill in the blank questions).

Who Should Attend?

• Civil Engineers
• Project Managers
• Owner’s Representatives (Public & Private)
• Architects
• General Contractors
• Construction Professionals

Outline

• Introduction to Geotechnical Risk Management
• Geotechnical Risk: Identification, Evaluation, & Quantification
• Strategies for Managing Geotechnical Risks
• Quantitative, Qualitative, and Hybrid Risk Analysis Tools for Geotechnical Risks
• Geotechnical Risk Case Study/Practical Exercise

How to Earn your PDHs

This course is worth 14 PDHs. To receive your certificate of completion, you will need to complete a short on-line post-test and receive a passing score of 70% or higher within 365 days of the course.