Risk Management for the Construction Industry

For 3 registrations from the same entity, a standard 10% discount will apply. For over 4 registrations please contact us.

June 22, 2021 9:00 am
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CPD Units
14 hrs
€305 + VAT


Tuesday 22/06/2021 - 09:00-17:15

Thursday 24/06/2021 - 09:00-17:15

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Event Details


Construction is a risky business. Every construction project is unique and comes with its own challenges and opportunities. If risks materialize,  they may have a significant impact on the costs, schedule, performance and scope of the project as well as on the health and safety of construction workers and third parties and on the environment.


Managing construction project risks requires careful development and implementation of risk management plans. Risks are not always negative. Through risk management planning, the upside of risk (opportunities) can also be identified and managed, leading to increased profitability, lower costs, timely completion etc.


Based on the ISO 31000 risk management standard and the Project Management Institute project risk management guidelines, the course shall take participants through the process of designing a project risk management plan, the identification and assessment of construction project risks and the strategies for treating and controlling risks. The course shall also guide participants through various types of insurances available for the construction industry.



Training Objectives


By the end of the programme, participants will:

  • Be aware of the risks associated with construction projects
  • Be able to develop a project risk management plan
  • Understand the principles of risk identification, analysis and evaluation
  • Understand how to identify and analyse construction project risks
  • Understand how to apply risk assessment techniques for identifying and analysing risk
  • Understand how to select strategies and options for managing and controlling risk




Antonios Karpasitis

Antonis has over 40 years of international professional experience in non-life and life insurance with specialization in construction and large infrastructure projects insurance programs.

Managed the insurance programs of multi-million-dollar projects such as airports, highways, sports centres, housing complexes, dams residential and office buildings etc. in the UAE, Saudi Arabia, Libya and Cyprus.

He has over twenty years of life insurance general management experience in Cyprus and Central Europe with large multinational insurers. Holds a bachelor’s degree in business from SUNY and an Executive Development Diploma from the Wharton School of the University of Pennsylvania.

He holds the title of Chartered Insurer, he is Associate in Risk Management with the Insurance Institute of America, and a Fellow of the Life Management Institute.

He is a certified risk management professional with the Federation of European Risk Management Associations (FERMA) and a PECB certified ISO 31000 Lead Risk Manager. He is also a certified trainer with the Human Resources Development Authority (AnAD) of Cyprus.
See all courses by Antonios Karpasitis