Conference Day Two: Wednesday, 26th June 2019
Wednesday, June 26th, 2019
With considerable time and money being invested into large scale transport projects, it is vital they are designed and built to last. These mega projects can achieve long lasting positive impacts on people and in turn serve to enhance the productivity of the greater economy. However, delivering such projects comes with considerable risk including going over budget, project delays or not delivering promised benefits to justify the heavy costs and disruptions during construction. This session examines the formulas behind the calculations used to ensure the functionality and effective delivery of projects.
- What are the formulas calculating risk and how is it applied when undertaking large scale project
- Analysing factors that are taken into consideration when calculating project risk
- Examining the effectiveness of formulas when calculating risk in planning and construction