Risk Management in Quality Construction

Expert-defined terms from the Postgraduate Certificate in Quality Management in Construction course at London School of Planning and Management. Free to read, free to share, paired with a professional course.

Risk Management in Quality Construction

Acceptance Criteria are the standards and requirements that a constructio… #

These criteria are usually outlined in the contract and include factors such as quality, safety, and performance standards. Acceptance criteria are crucial in risk management as they help to ensure that the project meets the client's expectations and that any potential risks are identified and mitigated.

Activity #

Based Costing is a method of costing that assigns costs to specific activities or tasks within a construction project. This approach helps to identify areas where costs can be reduced or optimized, which is essential in risk management as it enables project managers to allocate resources more effectively and minimize potential risks.

Advanced Technology refers to the use of innovative technologies such as… #

These technologies can help to improve efficiency, reduce costs, and enhance quality, which are all critical factors in risk management.

As #

Built Documentation refers to the documentation of a construction project as it is actually built, rather than as it was originally designed. This documentation is essential in risk management as it provides a record of any changes or deviations from the original plan, which can help to identify potential risks and liabilities.

Asset Management involves the management of physical assets such as build… #

This includes activities such as maintenance, repair, and replacement, which are all critical in risk management as they help to minimize the risk of asset failure or deterioration.

Audit Trail refers to the record of all changes, updates, and modifica… #

This trail is essential in risk management as it provides a clear and transparent record of all activities, which can help to identify potential risks and liabilities.

Benchmarking involves the comparison of a construction project's performa… #

This approach helps to identify areas for improvement and optimize performance, which is critical in risk management as it enables project managers to identify and mitigate potential risks.

Best Practice refers to the identification and implementation of t… #

This approach helps to minimize risks and optimize performance, which is essential in risk management.

Building Information Modeling (BIM) is a digital representation of a cons… #

BIM helps to improve collaboration, reduce errors, and enhance quality, which are all critical factors in risk management.

Change Management involves the identification , assessment , and … #

Change Management involves the identification, assessment, and implementation of changes to a construction project's scope, schedule, or budget.

Client Requirements refer to the needs and expectations of the cli… #

These requirements are crucial in risk management as they help to ensure that the project meets the client's expectations and that any potential risks are identified and mitigated.

Commissioning involves the process of testing, inspecting, and validat… #

Commissioning involves the process of testing, inspecting, and validating a construction project's systems and equipment to ensure that they are functioning as intended.

Compliance refers to the adherence to relevant laws, regulations ,… #

This includes factors such as safety, health, and environmental regulations, which are all critical in risk management.

Concept Design refers to the initial stage of a construction project's de… #

This stage is critical in risk management as it helps to identify potential risks and opportunities for optimization.

Construction Methodology refers to the approach or method used to… #

This approach is critical in risk management as it helps to minimize risks and optimize performance.

Contract Administration involves the management of a construction project… #

This approach is essential in risk management as it helps to minimize risks and optimize performance.

Contractor Performance refers to the evaluation of a contractor's perf… #

This evaluation is critical in risk management as it helps to identify potential risks and opportunities for optimization.

Cost #

Benefit Analysis involves the evaluation of the costs and benefits of a construction project, including factors such as costs, revenue, and return on investment. This approach is essential in risk management as it helps to identify potential risks and opportunities for optimization.

Cost Control involves the monitoring and management of a construct… #

Cost Control involves the monitoring and management of a construction project's costs, including activities such as budgeting, forecasting, and cost reporting.

Cost Estimation involves the prediction of a construction project's costs… #

Cost Estimation involves the prediction of a construction project's costs, including factors such as labor, materials, and equipment.

Critical Path Method (CPM) is a technique used to schedule and … #

Critical Path Method (CPM) is a technique used to schedule and manage construction projects, which involves identifying the critical path or sequence of activities that determines the project's duration.

Data Analysis involves the examination and interpretation of data… #

Data Analysis involves the examination and interpretation of data related to a construction project, including factors such as costs, schedules, and quality metrics.

Decision Making involves the process of making informed decisions about a… #

Decision Making involves the process of making informed decisions about a construction project, including factors such as risk assessment, cost estimation, and schedule development.

Design #

Build refers to a delivery method in which the designer and builder are the same entity, or work together as a team.

Design for Constructability involves the design of a construction project… #

Design for Constructability involves the design of a construction project with constructability in mind, including factors such as buildability, maintainability, and operability.

Dispute Resolution involves the process of resolving disputes or claim… #

Dispute Resolution involves the process of resolving disputes or claims that arise during a construction project, including activities such as negotiation, mediation, and arbitration.

Documentation Control involves the management of a construction project's… #

Documentation Control involves the management of a construction project's documentation, including activities such as creation, revision, and distribution of documents.

Earned Value Management (EVM) is a method used to measure a constr… #

Earned Value Management (EVM) is a method used to measure a construction project's performance, including factors such as cost, schedule, and scope.

Environmental Impact Assessment involves the evaluation of a construction… #

Environmental Impact Assessment involves the evaluation of a construction project's potential environmental impacts, including factors such as air and water pollution, noise pollution, and habitat destruction.

Ethics involves the principles and values that guide the behavior… #

Ethics involves the principles and values that guide the behavior of construction professionals, including factors such as honesty, integrity, and fairness.

Facilities Management involves the management of a construction project's… #

Facilities Management involves the management of a construction project's facilities, including activities such as operation, maintenance, and repair.

Feasibility Study involves the evaluation of a construction project's fea… #

Feasibility Study involves the evaluation of a construction project's feasibility, including factors such as technical viability, economic viability, and environmental viability.

Financial Management involves the management of a construction project's… #

Financial Management involves the management of a construction project's finances, including activities such as budgeting, cost control, and cash flow management.

Gap Analysis involves the identification of gaps or discrepancies … #

Gap Analysis involves the identification of gaps or discrepancies between a construction project's current state and its desired state, including factors such as quality, safety, and performance metrics.

Geographic Information System (GIS) is a tool used to analyze and… #

Geographic Information System (GIS) is a tool used to analyze and visualize geospatial data related to a construction project, including factors such as site location, topography, and environmental features.

Health and Safety Management involves the management of a construction pr… #

Health and Safety Management involves the management of a construction project's health and safety risks, including activities such as hazard identification, risk assessment, and control measures.

Human Resource Management involves the management of a construction proje… #

Human Resource Management involves the management of a construction project's human resources, including activities such as recruitment, training, and development of personnel.

Impact Assessment involves the evaluation of a construction project's pot… #

Impact Assessment involves the evaluation of a construction project's potential impacts on the environment, including factors such as air and water pollution, noise pollution, and habitat destruction.

Integrated Project Delivery (IPD) is a delivery method in which the owner… #

Integrated Project Delivery (IPD) is a delivery method in which the owner, architect, engineer, and contractor work together as a team to deliver a construction project.

Internal Audit involves the examination and evaluation of a constr… #

Internal Audit involves the examination and evaluation of a construction project's internal controls, including activities such as financial reporting, compliance, and operational efficiency.

ISO 9001 is a standard for quality management that provides a framework f… #

ISO 9001 is a standard for quality management that provides a framework for organizations to develop and implement a quality management system.

ISO 14001 is a standard for environmental management that provides a fram… #

ISO 14001 is a standard for environmental management that provides a framework for organizations to develop and implement an environmental management system.

Knowledge Management involves the creation , sharing , and applic… #

Knowledge Management involves the creation, sharing, and application of knowledge related to a construction project, including factors such as best practices, lessons learned, and expertise.

Leadership involves the ability to lead and manage a constr… #

Leadership involves the ability to lead and manage a construction project team, including activities such as planning, organizing, and controlling resources.

Lesson Learned involves the identification and documentation of le… #

This approach is critical in risk management as it helps to identify potential risks and opportunities for optimization.

Life Cycle Assessment (LCA) involves the evaluation of a construction pro… #

Life Cycle Assessment (LCA) involves the evaluation of a construction project's environmental impacts throughout its entire lifecycle, including factors such as raw material extraction, manufacturing, use, and end-of-life disposal.

Maintenance Management involves the management of a construction project'… #

Maintenance Management involves the management of a construction project's maintenance activities, including activities such as scheduling, performing, and recording maintenance tasks.

Method Statement involves the description of the methods and procedure… #

Method Statement involves the description of the methods and procedures used to complete a construction project, including factors such as work sequences, resource allocation, and quality control measures.

Mind Mapping involves the visualization of ideas and concepts rela… #

Mind Mapping involves the visualization of ideas and concepts related to a construction project, including factors such as goals, objectives, and tasks.

Mitigation involves the implementation of measures to reduce or <i… #

Mitigation involves the implementation of measures to reduce or eliminate risks associated with a construction project, including factors such as hazard identification, risk assessment, and control measures.

Monitoring and Control involves the ongoing monitoring and cont… #

Monitoring and Control involves the ongoing monitoring and control of a construction project's progress, including activities such as tracking performance metrics, identifying deviations, and implementing corrective actions.

Network Analysis involves the representation of a construction project's… #

Network Analysis involves the representation of a construction project's activities and dependencies as a network diagram, including factors such as activity duration, resource allocation, and precedence relationships.

Occupational Health and Safety (OHS) involves the management of a constru… #

Occupational Health and Safety (OHS) involves the management of a construction project's occupational health and safety risks, including activities such as hazard identification, risk assessment, and control measures.

Operations Management involves the management of a construction project's… #

Operations Management involves the management of a construction project's operations, including activities such as planning, scheduling, and controlling resources.

Organizational Culture involves the values , beliefs , and practi… #

Organizational Culture involves the values, beliefs, and practices that shape the behavior of a construction organization, including factors such as communication, collaboration, and leadership.

Partnering involves the collaboration between a construction project's st… #

Partnering involves the collaboration between a construction project's stakeholders, including the owner, architect, engineer, and contractor, to achieve common goals and objectives.

Performance Measurement involves the evaluation of a construction project… #

Performance Measurement involves the evaluation of a construction project's performance, including factors such as quality, safety, schedule, and cost metrics.

Personal Protective Equipment (PPE) involves the use of equipment and … #

Personal Protective Equipment (PPE) involves the use of equipment and clothing to protect workers from hazards and risks associated with a construction project.

Pre #

Construction involves the planning and preparation phase of a construction project, including activities such as feasibility studies, design development, and permitting.

Procurement involves the acquisition of goods and services for a c… #

Procurement involves the acquisition of goods and services for a construction project, including activities such as tendering, contracting, and contract administration.

Project Control involves the monitoring and control of a construct… #

Project Control involves the monitoring and control of a construction project's progress, including activities such as tracking performance metrics, identifying deviations, and implementing corrective actions.

Project Management involves the planning , organizing , and contr… #

Project Management involves the planning, organizing, and controlling of a construction project, including activities such as scope definition, scheduling, budgeting, and resource allocation.

Project Planning involves the development of a construction project's pla… #

Project Planning involves the development of a construction project's plan, including activities such as goal setting, objective definition, and strategy development.

Quality Assurance (QA) involves the systematic process of ensuring… #

Quality Assurance (QA) involves the systematic process of ensuring that a construction project meets the required quality standards, including activities such as inspection, testing, and certification.

Quality Control (QC) involves the monitoring and control of a cons… #

Quality Control (QC) involves the monitoring and control of a construction project's quality, including activities such as inspection, testing, and correction of defects.

Quality Management involves the planning , organizing , and contr… #

Quality Management involves the planning, organizing, and controlling of a construction project's quality, including activities such as quality policy development, quality objective setting, and quality metric development.

Regulatory Compliance involves the adherence to relevant laws, regulat… #

Regulatory Compliance involves the adherence to relevant laws, regulations, and standards in construction projects, including factors such as safety, health, and environmental regulations.

Reliability #

Centered Maintenance (RCM) involves the identification and prioritization of maintenance activities based on a construction project's reliability and maintainability requirements.

Request for Information (RFI) involves the request for information … #

Request for Information (RFI) involves the request for information or clarification related to a construction project, including factors such as design requirements, specifications, and contract terms.

Request for Proposal (RFP) involves the request for proposals or <… #

Request for Proposal (RFP) involves the request for proposals or bids from contractors or suppliers for a construction project, including factors such as scope of work, schedule, and budget.

Resource Allocation involves the assignment and management of reso… #

Resource Allocation involves the assignment and management of resources, including labor, equipment, and materials, to a construction project.

Risk Assessment involves the identification , analysis , and eval… #

Risk Assessment involves the identification, analysis, and evaluation of risks associated with a construction project, including factors such as hazard identification, risk prioritization, and mitigation strategies.

Risk Management involves the identification , analysis , and miti… #

Risk Management involves the identification, analysis, and mitigation of risks associated with a construction project, including activities such as risk assessment, risk prioritization, and mitigation strategy development.

Root Cause Analysis (RCA) involves the identification and analysis … #

Root Cause Analysis (RCA) involves the identification and analysis of the underlying causes of problems or defects in a construction project, including factors such as design flaws, construction errors, and material defects.

Safety Management involves the management of a construction project's saf… #

Safety Management involves the management of a construction project's safety risks, including activities such as hazard identification, risk assessment, and control measures.

Schedule Development involves the creation of a construction project's sc… #

Schedule Development involves the creation of a construction project's schedule, including activities such as activity sequencing, resource allocation, and duration estimation.

Scope Definition involves the definition of a construction project's scop… #

Scope Definition involves the definition of a construction project's scope, including activities such as requirements gathering, specification development, and work breakdown structure creation.

Stakeholder Management involves the identification , analysis , and… #

Stakeholder Management involves the identification, analysis, and management of stakeholders associated with a construction project, including factors such as communication, expectation management, and involvement strategies.

Supply Chain Management involves the management of a construction project… #

Supply Chain Management involves the management of a construction project's supply chain, including activities such as procurement, logistics, and inventory management.

Sustainability involves the management of a construction project's enviro… #

Sustainability involves the management of a construction project's environmental, social, and economic impacts, including factors such as energy efficiency, water conservation, and waste reduction.

Systematic Review involves the systematic evaluation and synthe… #

Systematic Review involves the systematic evaluation and synthesis of research evidence related to a construction project, including factors such as design requirements, construction methods, and operation and maintenance strategies.

Total Quality Management (TQM) involves the integration of quality manage… #

Total Quality Management (TQM) involves the integration of quality management principles and practices into all aspects of a construction project, including activities such as quality policy development, quality objective setting, and quality metric development.

Value Engineering (VE) involves the systematic evaluation and a… #

Value Engineering (VE) involves the systematic evaluation and analysis of a construction project's value, including factors such as functionality, cost, and performance metrics.

Value Management involves the management of a construction project's valu… #

Value Management involves the management of a construction project's value, including activities such as value engineering, cost benefit analysis, and return on investment analysis.

Work Breakdown Structure (WBS) involves the decomposition of a constructi… #

Work Breakdown Structure (WBS) involves the decomposition of a construction project into smaller, more manageable tasks, including activities such as scope definition, activity sequencing, and resource allocation.

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