Conditions of Contract to Manage Risk in Construction Projects

Table of contents 00:00 Recap of the previous lecture 05:40 Introduction to the session on Estimating Risk, Prequalification, Bid Evaluation and Award of Job 05:55 Need for apple to apple comparison of a bid 07:30 Definition of Risk with practical examples 08:40 Practical risk identification in civil engineering projects 11:00 Typical risk in a construction project 16:20 Ways by which risk can be managed in construction practice 19:50 Insurance policy for every day 21:05 Need and Types of Insurance policy for construction contractors in India 24:40 Technical aspects of risk 29:10 Human factors in accentuating risk in a construction project in this lecture, different types of risks that are encountered in the execution of a contract are considered with the risk mitigation techniques that can be adopted. Do remember to watch the next video on the different aspects that make up the conditions of the contract found in    • Tendering Process in Construction Industry...   Do share your thoughts and comment. Thanks for watching. Connect With Me: We are social YouTube Channel:    / jsptube   LinkedIn:   / jspackiaraj   Facebook:   / jspackiaraj