In Construction Risk Management you will learn the construction-specific nuances of risk management. You will also learn why standard insurance programs have unique implications for contractors and how to evaluate effective strategies for managing construction risks. Viewed through the lens of the construction risk and insurance framework, this unit provides you with an understanding of the strategies for mitigating, transferring, and insuring construction risks. You will learn how risks are commonly allocated in a construction project and how to identify variances between a contractor’s insurance coverage and the total project risks. You will gain the knowledge to monitor and identify statutory changes and judicial rulings that impact the contractor’s liabilities as well as the coverage they have in place to mitigate potential liabilities.

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback from CQU SUTE Student Unit Evaluations T2/22

The student responded that they really enjoyed learning and attending this class.

The teaching team will continue to encourage all students to attend classes and actively participate with the teaching staff in the discussions and sharing of industry knowledge. This supports learning enjoyment, skills development such as communication and networking between students.

Feedback from CQU SUTE Student Unit Evaluations T2/22

The unit is one of the most structured ones. As an idea for possible improvement I would be interested in brainstorming risk situations, on what could go wrong on site.

The unit is constructively aligned for student learning outcomes so that students are always clear on what is studied and how this builds knowledge for each assessment and graduate career attributes. The positive suggestion for students brainstorming on site safety and risk situations will be included for the next teaching term.