Document downloads - Risk management
Available downloads
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Risk management process
Communication is critical aspect of the risk management process that should occur at every step of the process among the project team, project stakeholders and contractor team.
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Risk management reponsibilities
A typical responsibility split for a major programme or large project.
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Management of risk
Published: June 2015
Effective from 25 September 2015
The aim of this guidance note is to provide a reference point for professionals on the discipline of risk management.
This guidance note provides details of the general principles of risk management and provides practical applications and considerations for successful implementation.
This guidance note covers:
- key principles of risk management
- response/mitigation strategies and
- risk identification techniques.
This is part of the RICS QS and Construction Standards. -
Value management and value engineering
Published January 2017
Effective from 1 May 2017
This 1st edition guidance note introduces the concepts of value management and value engineering as they relate to construction projects and to the role of chartered surveyors, who have a key role to play in helping manage value across the project.
Value management and value engineering are both concerned with increasing the ratio between benefit (outputs) and the cost or effort (inputs) required, but are often separated in terms of their timing and their scale. But value is also a relative concept, and one of the roles of project management, supply chain procurement and overall procurement is to manage these imbalances so that the project as a whole provides value to the client.
This guidance note is part of the RICS QS and construction standards (the ‘Black Book’).