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Risk Management and Insurances for Construction Projects - 29th March 2017

Construction industry is subject to higher risk and more uncertainties than perhaps any other industries, as changes are inherent in construction and real estate projects. Inadequate risk management and mitigation can adversely affect projects by causing significant delays and over-budget. For years, the industry has developed a poor image for the public due to its inability to cope with the adverse effects of changes efficiently and effectively. As a result, construction professionals fail to deliver many projects on time and on budget, not to mention satisfying expectations on product performance. By installing an effective risk management mechanism in place, the project team is prepared to mitigate risks when they occur, so as to minimize their damage to the project.

Insurances are a powerful tool for architects, engineers and surveyors in Hong Kong to mitigate risks in construction projects. The most common types of insurances related to construction projects are Contractor All Risk Insurance, Employee Compensation Insurance, Professional Indemnity Insurance and Bond Insurance. However, there are many different coverages and different forms of policies in these four types of insurances. Construction professionals have to be careful to select the most appropriate coverage and policy for their projects. Moreover, there are fine print and exclusions in the policies that may prevent any claims.

The 1st part of this one-day technical seminar aims to provide an overview of managing risks in construction and real estate projects by Building Information, Building (BIM), Environmental Assessment Method (BEAM) Plus, Quantity Surveying Project Planning and Programming.

The 2nd part of this one-day technical seminar aims to provide an overview of insurances of direct relevancy to construction projects. Moreover, the fine print and exclusions of policies will be explained. Moreover, pitfalls in insurance policies and claiming procedures will be discussed.


Instructors: Sr Joe K.F. Wu, Mr. Michael L.K. Ho and Mr. Patrick T.C. Chan 

 

Language: Cantonese (with technical terms in English)

 

Date: 29th March 2017 (Wednesday), 8:30 a.m. to 5:30 p.m.

 

Venue: Crystal Ballroom, 2nd Floor, the Cityview (城景國際), 23 Waterloo Road, Yaumatei, Kowloon (formerly Y.M.C.A. International House, next to Kwong Wah Hospital, MTR Yau Ma Tei Station Exit 2A)

 

Cost: $1,680 (include coffee breaks, buffet lunch, course notes and attendance certificate)

 

Early bird discount: $1,520 for registration completed on or before 15th March 2017

 

Registration:  (1) make a deposit or direct transfer to "Advanced Technovation Limited" at HSBC Account No. 400-304267-001 or prepare an e-cheque payable to "Advanced Technovation Limited"; (2a) register on line at adv-technovation.com; or (2b) fill in the reply slip and email the completed reply slip with the deposit slip, direct transfer receipt or e-cheque to support@adv-technovation.com

 

Questions: Please contact Ms Iris Luk at support@adv-technovation.com

Enrollment Form

                    


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Application form for the CPD course "Risk Management and Insurances for Construction Projects"   18k v. 2 Mar 1, 2017, 7:55 AM Advanced Technovation Ltd
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Description for the CPD course "Risk Management and Insurances for Construction Projects"   194k v. 4 Mar 2, 2017, 9:18 PM Advanced Technovation Ltd