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Construction Special Interest Group

Forthcoming meeting(s)

Date 29 February 2012
Time 11.00 - 14.00
Location IRM Training Room, 6 Lloyd's Avenue, London, EC3N 3AX
Topic

How insurance and risk work together on a major project’

  • Insurer risk management and the project – the context
  • How insurance and risk management when correctly combined can reduce over estimation and contingency provision of construction projects
  • Identification of gaps in the risk monitoring process
  • Value added from insurer intervention
Speaker Colin Hamling, Commercial & Insurance Manager, CrossRail
 

Reducing climate risks and increasing resilience’

  • Climate risks are just some of the many risks construction industry leaders and decision makers need to manage over the planning, design and management lifecycle of buildings, assets and infrastructure.
  • The consequences of increased high temperatures, changing rainfall patterns leading to flooding and water scarcity, as well as other extreme weather events, require a cross-sector, multi-disciplinary approach to develop appropriate adaptation and resilience strategies.
  • This event will consider climate risks in the context of other risks for the construction industry, and will provide an up to date perspective on relevant activities across government, academia and the private sector.
Speaker

Polly Turton, Senior Consultant, Arup

Booking

To reserve your place please contact James Kimmance on KimmanceJ@pbworld.com

 

Group contact details

Chairman: James Kimmance at kimmancej@pbworld.com

Secretary: TBA

Team member: Jayne O'Hara at jayne.o'hara@sodexo.com

Team member: Mike Walker at mike@redamberconsulting.com

Team member: Brian Boyce at bboyce@alphatec.net

Team member: Chris Day at chris.day@echarris.com

Team member: Vinay Shrivastava at vinay.shrivastava@arup.com

You can also find the group here on linked in.

Group aims and objectives

The group's aims and objectives are:

  • to widen knowledge of the construction sector and the risks it faces
  • to share better practice between members
  • to widen the knowledge of the construction industry's views of risk management
  • to provide a forum to discuss specialist knowledge
  • to aid the learning of IRM students

Students of the IRM 'Risk Management in Architecture, Engineering and Construction' course are particularly welcome to join the SIG. Students are welcome to join the linked in group and also to ask questions to the SIG team who will circulate to other members to help wherever possible.

It is intended that the SIG secretary will maintain and distribute a knowledge/skill set of the initial team to provide an point of contact when members need help on a specific subject.

The SIG will be involved in all sectors of the construction industry, from engineering, building, rail,  and building/facilities management to investment and risk transfer issues during the construction of the asset. This is a wide ranging SIG and as such it is relevant for anyone to attend - chances are that your organisation will fit somewhere into the construction lifecycle (see below) at some point! It is a useful SIG for any risk managers to understand the different drivers of the sector.

Meeting Format and Topics

It is intended that each SIG event will last approximately 3 hours to allow time for presentations, discussion and networking. Events will mainly be based in London because of the location of the current members although this will change if the membership spreads.

We will aim to arrange around four events per year and will follow the construction lifecycle for the meeting format:

Cycle Diagram

 

 

 

 

 

 

Past meetings                     

Date
1 November 2011
Time 11.00 - 14.00
Location

IRM Training Room, 6 Lloyds Avenue, London, EC3N 3AX

Topic This event will consider the risks to buildings and infrastructure from a structural, natural hazards, geotechnical and delivery standpoint. The consequences of these risks will be considered and both the insurance and governance implications discussed. Read more (PDF 281 Kb)
Booking To reserve your place please email James Kimmance on KimmanceJ@pbworld.com

 

Date
26 July 2011
Presentations

Schedule Risk Analysis – Worked Examples from the Thameslink Programme (Mike Bartlett) PDF 534 Kb)

 

Risk Management of Tunnelling Projects (Ade Adeyemo) PDF 1,069Kb

 

Application of risk management in construction of underground
urban transportation projects
(Terry W Mellors) PDF 55 Kb

 

Date
6 April 2011
Speakers

Chris Day  - EC Harris

Trevor Jay – Riskdecisions


Presentations

Systemic Risk Identification
Trevor Jay
Risk Decisions Ltd

 

Date
23 September 2010
Agenda

The Parsons Brinckerhoff Risk Services team will give an overview of how to quantify risk in the construction phase of the asset lifecycle. They will demonstrate through past experience, best practice, tools used and the team's own thoughts on how best to quantify risks.

Presentations

Quantifying and Managing Risk; Construction Phase

Moving the SiG Forward

 

Date
24 June 2010
Agenda

Designing Out Risk

Colin Sayer and Colin Gibbon from Mott Macdonald will present to the group on risk management at the design phase and how good design can minimise risk at the construct and maintain stages of the construction cycle.

Followed by open discussion and networking

Presentations

Designing Out Risk

Design Phase Risk Management

Date
Wednesday 10 February 2010
Agenda

"From the Client's Perspective"

The Construction Risk SIG will examine practice, process and methodology for managing the focus (objectives) of the different parties to ensure that they remain aligned with the Client's objective, which must be the predominant objective. To understand this we will have a speaker offering views as a well respected client looking to create an integrated team.

The first speaker, Tony Giddings, executive director of Argent Group plc, will help us to understand how, by creating an integrated team, the objectives of the parties involved in the project remain aligned with those of the client.

The second speaker, Martin Davis from Synopsis Ltd, is a well known consultant regarding one aspect of an integrated team - Integrated Project Insurance (IPI). IPI is a new form of project insurance seen as an essential catalyst to underpin the positive change ongoing in the UK's construction industry. The idea is to add value by rendering it much more efficient and cost effective. It is to be available on projects on which the consultants and the key contractors and suppliers are appointed as an Integrated Project Team (IPT) from the outset. Its' practical effect is to protect the client against "financial loss" (cost overrun).  


Presentations

Tony Giddings

Martin Davis

 

Date
3 December 2009
Agenda
  • Welcome and introductions
  • Setting the SIG objectives
  • Discuss format & frequency of the SIG
  • Discuss themes for the SIG
  • Agree the team members (Chairman / Secretary etc)