15th December 2016 12:00 to 12:45

Bridging the Gap Between Contract Administration and Budget Management

About the event

Visibility and control issues often arise in the construction process due to the isolation of budget control processes with the administration of construction contracts. These issues are often due to the risk management approach taken throughout the construction phase.

Quantitative risk assessments (QRA) can be used to bridge the gap between budget management and the works management. This is amplified with the nature of civil engineering projects which means that high levels of risk are often inherited due to the amount of risk in the ground anomalies combined with the often linear nature of the works. This can cause problems when reporting against publicly sourced funds common in the highways and civil engineering sector.


Adam Rome, senior project manager at Faithful+Gould, will be discussing the issues facing the sector and approaches developed to tackle these issues in their CPD webinar.

The webinar will start at 12:00 and finish around 12:45 with a Q&A session.


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