November 13 - Contracts
Managing Risks on Construction Projects: Introduction to Project Risk Management.
Risk Management is not an optional activity; it is essential to successful project management and delivery. Regulators, clients and the general public are increasingly expecting high quality risk management to provide confidence and certainty in the design, delivery and operation of projects across the globe. Join Eric and Richard as they demystify risk management by presenting the following topics:
What is risk management and why do I need it?
- What effective risk management looks like.
- What happens at a risk workshop.
- Understanding the outputs of a risk assessment.
- Using risk to inform project contingency.
Speakers: Richard Citrine & Eric Shatz
Richard Citrine, RMP
Richard Citrine is a senior risk manager, who leads Arcadis’ New York City Risk Team. Richard is a certified Risk Management Professional and has led risk management across a wide range of projects and programs, ranging in cost from $1 million to several billion dollars both in his native UK and the USA. Richard has over 11 year experience in risk and personally facilitated over 400 risk workshops, having spent much of the past four years leading a team of risk analysts at the Port Authority of New York and New Jersey, which is responsible for airports, rail, bridges, tunnel and port facilities in the New York City region. He has also led risk workshops and developed risk management solutions for a wide range of public and private clients throughout the USA.
Eric Schatz, PE, PSP
Eric Schatz is a Vice President and leads Arcadis’ contract solutions team in the East region, with a focus on avoiding, mitigating and resolving disputes. He has more than 17 years of experience within the construction industry working on transportation, municipal, industrial, educational, commercial and residential projects with construction values exceeding $1 billion. Years of analyzing and preparing claims have afforded him with insights of poor risk management, reactive decision making and the potential consequences on cost, schedule, productivity and quality. Eric applies these lessons learned as part of a proactive risk management process upfront in design and construction to help projects avoid disputes and better position them for success.