Construction Risk Management

Creating a holistic approach in mitigating construction risk while assessing, identifying

and monitoring project planning for effective results

Novotel Mumbai Juhu Beach, India "There are risks and costs to a programme of action
but they are far less than the long range risks and costs of
12th & 13th August 2010 comfortable inaction." John. F. Kennedy

Infrastructure is an integral part of a country’s economy. Despite the high growth potential,
construction in India is subjected to potential problems that could arise when new projects occur
within a business. An integrated approach in mitigating risk coupled with a dynamic risk
management strategy will further enhance the growth of this sector.

Your distinguished chairperson: Your eminent panel of speakers:

Dr Nishant Kumar Shrivastava Assistant Vice President R Sateesh Kumar Operations Director – India (MRICS)
IL & FS Transportation Networks (ITNL) Padgham Sweett
Padgham was awarded the Best Practice Awards by AIQS
Winner in the category of construction by department of primary industries
Vijender Sharma Senior Advisor
Featuring exclusive international Fraport Airport Operations India Private Limited
presentation by: Fraport was awarded the "Best Practice Award 2009" for best innovations in the travel industry

Georg Venhorst Project Director Senior Representative

Leighton Contractors Private Limited Australia
Georg has 19 years of experience in the construction industry and managed
major infrastructure projects specifically on large bridge, tunnel projects and
logistics. Leighton contractors was awarded the Australian Construction
Achievement Award-2008 for North-West T-Way, NSW New Metro Rail City
Project, WA (Leighton Kumagai Joint Venture)
Featuring a half-day workshop on:
Designing an effective risk planning and risk identification process
to determine a successful project
Workshop facilitator:
Biren Parekh Partner
Ernst & Young Private Limited
Key benefits of attending this event:
• Improving project performance in terms of cost, schedule and market viability
• Mitigating risks associated with the changing commercial balance caused by
high demand of resources
• Employing the concept of value engineering to ensure higher quality and
lower end cost
• Distinguishing between different modes of procurement, contracts and the
pitfalls involved
• Minimising risk from feasibility studies to completion through the entire
project life cycle
• Integrating risk management with other project management functions
• Monitoring residual risks and identifying new risks as they emerge during the
life cycle of a project
• Creating a credible and pragmatic risk assessment in financing construction
projects
• Focusing on insurance and risk management needs in construction projects
• Identifying risks associated with stakeholders in mega projects
• Executing project planning while selecting resources required for specific risk
mitigation
National Highways Authority of India (NHAI)
National Highway Authority of India (NHAI) will award 50 projects in 2010-11 to sustain the economic
growth
Ashish N. Chandak Executive Director – Infrastructure Banking, Corporate Finance
Yes Bank Limited
As a key member of the Risk Management Group, Ashish have conducted financial appraisal and assessed
credit risk of several projects in transport, urban infrastructure, energy and telecommunications
Ramendra Shukla General Manager
PLUS BKSP Toll Limited
PLUS Expressways Berhad (PEB) is the biggest highway concessionaries or Build-Operate-Transfer (BOT)
operator company in Malaysia
Sunil B.Shinde Senior Vice President – Projects
Tata Realty and Infrastructure Limited
Through its subsidiary Navinya Buildcon and partner Atlantia S.P.A, TRIL has been awarded the 4-laning of
Pune-Solapur Highway by the National Highways Authority of India (NHAI)
Subir Hazra Head Strategic Planning
Delhi International Airport Limited - GMR Group
The Indira Gandhi International Airport has been chosen as the “Best Improved Airport” in the Asia-Pacific
Region in February 2010
Raghvendra Bisen Head of the Department (DGM) - Project Planning, Costing and Monitoring
Peninsula Land Limited
Peninsula Land Limited is known for its concept based architectures in the commercial, retail and residential
sectors
Kamal Kumar Verma Regional Director
CEC Taiwan (Continental Engineering Corporation)
CEC has been responsible for some of the prestigious projects like Taiwan High Speed Rail Corporation, MRT
(Metro Rapid Transit) for Taipei City besides many Tunnels, Expressways and Bridge Projects
Mohan Abichandani Head Infrastructure Business – Construction
Reliance Communication Limited
Mohan has extensive experience of 34 yrs in putting up mega projects in telecommunication and
infrastructure sectors
Jidesh Kumar Managing Partner
King, Stubb & Kasiva
King Stubb & Kasiva has diverse infrastructure projects practice representing the length and breadth of
the industry
Unmesh Kulkarni Head Contracts
Tata Realty and Infrastructure Limited
A V Singh President & Practice Leader – Infrastructure, Energy & Reinsurance
Willis India Insurance Brokers Private Limited

*Early Bird & Group Discounts Peter Vincent Cheney B.Sc. (Eng. Civ.) M.Eng. (Construction) Managing Director
Ask about our savings Construction Computer Software Private Limited
Ian Hauptfleisch General Manager
Construction Computer Software (Gulf) L.L.C

conferences
Our business partners
Gold Partners
Supporting Association
Media Partners
About the Gold Partners
Willis is one of the world leaders in insurance broking and risk consulting and is present
in India as Willis India Insurance Brokers Pvt. Ltd. since 2003. Willis is a company
headquartered in London and listed on the New York Stock Exchange.Around the world
Willis is present in 120 countries, employs over 16,000 associates and counts amongst
its clientele 30% of the Fortune 500 Companies. Willis India is headquartered at
Mumbai, the financial capital of India, and has offices in New Delhi, Chennai, Kolkata,
Bangalore, Hyderabad, Pune and Ahmedabad. Willis is a market leader in handling
major Construction, Infrastructure & Power Projects worldwide. In India, we are
aggressively penetrating the market and recruited highly experienced people in the
industry.
Construction Computer Software or CCS provides essential software solutions to
the construction industry and has been doing so for over 30 years. CCS’ two leading
software products are BuildSmart, an ERP construction accounting and costing system
and Candy, a construction estimating and project control system. CCS is used in over 50
countries by more than 300 contracting companies to minimise risk, increase accuracy
and maximise profit. Users include small and medium construction enterprises to some
of the largest construction firms in the world, who have implemented CCS solutions on
some of the biggest and most prestigious projects on the planet. Over 10000 CCS
systems are in use worldwide, every day.
conferences
About the Supporting Association
With over 150,000 members across 146 countries, RICS is the world’s leading self
regulatory professional body for qualifications and standards in land, property and
construction. An independent, not-for-profit organisation, RICS is governed by a Royal
Charter, which requires it to work in public interest. In a world where more and more
people, governments, banks and commercial organisations demand greater certainty of
professional standards and ethics, attaining RICS membership is the recognised mark of
property professionalism. RICS set up its operations in India with a view to advancing
standards, promoting best practice and improving professionalism in the real estate and
construction sector. To know more, please visit rics.org or email ricsindia@rics.org
About the Media Partners
Our project Leads service keeps subscribers informed about future building and
construction projects with sufficient lead time for them to demonstrate how their
products and services can improve these projects. Over 5,000 companies value BCI
Project Leads as a primary source of new business. To provide subscribers with accurate
and detailed info, a BCI Asia report has been designed to include:
• Description of a project and its key components
• Stage of planning, design, tender or construction
• Estimated cost and construction timetable
• Key decision makers: developers, architects, design consultants & contractors
Published by media group BCI Asia, FuturArc is a quarterly journal that showcases the
new and progressive in architecture in Asia-Pacific. Recognising the significant impact
the built form has on society and the environment, FuturArc advocates for architecture
that demonstrates creativity, social responsibility and sustainability. It encourages
architects, engineers and developers to become innovators in design and early adopters
of technologies.
EPC World, a magazine for the entire gamut of Construction & Infrastructure industry
which focuses on providing critical information and analysis on a wide range of topics,
such as Engineering & Construction, Roads & Bridges, Oil & Gas, Power, Aviation, Ports
& Shipping, Telecommunications, Technology & Management, etc. For more details visit
www.epcworld.in
Day 1

Thursday 12th August 2010

0830 Registration and morning coffee Construction Contracts
0900 Opening & welcome remarks from Chairperson 1215 Session Four – Joint Presentation
Dr Nishant Kumar Shrivastava Assistant Vice President Resource estimating in a multi tax environment
IL & FS Transportation Networks (ITNL)
• End to end cost control
• Role of accrued costs
Construction Finance • Determination and protection of margins
• Allowables control
0915 Session One – Joint Presentation Peter Vincent Cheney Managing Director
Using qualitative and quantitative approach in responding to Construction Computer Software (Pty) Ltd
construction growth opportunities Ian Hauptfleisch General Manager
• Examining the collaboration between qualitative risk and quantitative risk analysis Construction Computer Software (Gulf) L.L.C
• Analysing the pros and cons of qualitative risk and quantitative risk analysis
• Making effective decision in creating a detailed qualitative risk analysis for further 1315 Networking luncheon
growth
• Meeting project’s objectives while stressing on pro and cons of quantitative risk 1415 Session Five – Expert Advice
evaluation Avoiding projects delays while resolving dispute cases without
• Explaining the combination of qualitative and quantitative approach in planning for an stressing on arbitration
improved intermodal connectivity for infrastructure • Trying to settle contractual disputes within the organisation before deciding on
• Creating a blueprint for development in infrastructure facilities through qualitative and arbitration to avoid delayed payments
quantitative approach • Looking at contractual interpretation and the most prominent areas of risk in
Examining the challenges and risk involved in financing Public Private construction projects
Partnerships (PPP) projects • Mitigating negative effects associated with contractors’ claims and disputes using risk
• Designing contractual arrangements in supporting projects financing for PPP projects retention approach
• Examining the reason behind classifying and designing during the construction phase R Sateesh Kumar Operations Director – India (MRICS)
as the largest single risk Padgham Sweett
• Determining the financial strength of a project through risk analysis
• Differentiating between managing PPP projects versus other traditional construction 1500 Session Six – Panel Discussion
projects Breaking down the barriers in negotiating construction contracts for a
• Deciding between technical risk versus implementation risk in a complex infrastructure successful project delivery
construction project • Using the hard-bid method in allowing an architect to dominate the entire project from
• Dealing with risk and uncertainty though a detailed understanding of decision making inspection to completion
in construction projects • Saving time and cost while communicating with the entire team through design-build
Ashish N. Chandak Executive Director – Infrastructure Banking, Corporate Finance method
Yes Bank • Setting up the construction management method in analysing issues arising throughout
the construction process
Kamal Kumar Verma Regional Director
• Avoiding contractual risk and liabilities arising from failure to understand terms and
CEC Taiwan (Continental Engineering Corporation)
conditions in a contract
Panelist
1030 Morning refreshment & networking break
Unmesh Kulkarni Head Contracts
Tata Realty and Infrastructure Limited
1100 Session Two – Expert Advice Ramendra Shukla General Manager
Managing construction insurance while focusing on vital areas needed PLUS BKSP Toll Limited
in a competitive environment
• Devising a seamless insurance programme with Intensive risk assessment and 1600 Afternoon refreshment & networking break
evaluation from the drawing board stage of a project to the construction phase
through the transition of the operational phase
1615 Session Seven – Extended session
• Protecting the involved parties in a construction project with a single comprehensive
insurance contract Determining coverage under a builders risk policy in preparing for
claims as well as coverage
• Addressing critical issues in fixing the sum insured and period of insurance, escalation,
expediting expenses, interruption period for delayed start ups, loss prevention and • Providing full coverage to the construction projects in a collaborative delivery systems
minimisation • Assessing the adequacy of the builder’s all-risk coverage in protecting residential and
• Case Studies of large losses during construction stages commercial projects
A V Singh President & Practice Leader • Dealing with the difference in condition coverage while increasing construction risk
Infrastructure, Energy & Reinsurance mitigation
Willis India Insurance Brokers Private Limited • Selecting the limit of coverage while looking at the construction budget as well as the
labor and materials used in the construction projects
1145 Session Three – Case Study Subir Hazra Head Strategic Planning
Delhi International Airport Limited - GMR Group
Winning strategies in minimising financial risk during construction
projects for effective project delivery
• Assessing the financial constraint arising from executing construction projects while 1715 Session Eight – Expert Advise
facing the dilemma of delay in construction materials Determining methods in managing risk in real estate business during
• Managing financial risk arising from the beginning of project life cycle and finally pre construction stages which includes risk management during
towards completion of a project acquisition, design development and planning stages
• Dealing with an insolvent client while identifying high risk areas and warning signs in • Providing full coverage of the uniqueness of real estate business and the peculiarities
terminating a contract which makes it prone to risk
• Using financial terms and clauses in drafting construction contracts • Assessing the pre construction process and key stages involved in the real estate
business
Georg Venhorst Project Director
Leighton Contractors Private Limited Australia • Identifying and measuring the risk involved during pre construction stages
• Looking at the impact and the overall profitability for continuous growth
• Mitigating risk while recognising the importance of surviving in an uncertain world
Raghvendra Bisen Head of the Department (DGM) - Project Planning, Costing and
Monitoring
Peninsula Land Limited

1800 Closing remarks & close of day one

In-House Training Solutions

If you have a number of delegates with similar training needs, then you may wish to consider
having an In-House Training solution delivered locally on-site. Course can be tailored to specific
requirements.
For further details, please use the contact information given on the last page of this brochure.
marcus evans would like to thank everyone who has helped with the research and
organisation of this event, particularly the speakers and their staff for their support and
commitment.
 Register Now
Day 2 Contact Marketing at marcus evans
Tel: +603 2723 6757
Fax: +603 2723 6699
Friday 13th August 2010 Email: catherinef@marcusevanskl.com

0830 Registration and morning coffee 1315 Networking luncheon hosted by

0900 Opening & welcome remarks from Chairperson 1400 Session Five – Case Study
Dr Nishant Kumar Shrivastava Assistant Vice President Highlighting stakeholder management techniques throughout the
IL & FS Transportation Networks (ITNL) lifecycle of a project
• Exposing the involvement of a stakeholder in managing risk throughout a project
Project Delivery • Preventing from ineffective stakeholder management in creating major financial risk
• Ensuring regular coordination meetings between the project team to create
0930 Session One – Expert Advice
transparency
Measuring the fundamentals of risk ownership from the beginning of
• Establishing an effective engagement of stakeholders for timely project delivery
a construction project
• Comprehending the importance of stakeholder management in project performance
• Working towards the initiation and planning phases involved in risk ownership
• Using risk management principles in managing stakeholders while moving towards
• Determining the challenges involved in project planning for an effective risk mitigation
planning for a successful project
process
• Overcoming organisational roadblocks through stakeholder communication plan in
• Knowing the difference between clients’ expectations and reality during the beginning
order to identify risk and threat
of a project
Senior Representative
• Improving partnership planning at the pre-tender stages
National Highways Authority of India (NHAI)
• Confronting lack of alignment between owners and contractors
• Controlling cost risk while maintaining a successful relationship with suppliers and
1400 Session Six – Half-Day Workshop
contractors
Designing an effective risk planning and risk identification process in
Sunil B.Shinde Vice President – Projects
determining a successful construction project
Tata Realty and Infrastructure Limited
Risk Planning
1030 Corporate Presentation by • Applying risk management in civil construction projects while focusing on the project
environment
1045 Morning refreshment & networking break • Adopting to practical and systematic risk management procedures while effectively
dealing with project risk
1100 Session Two – Expert Advice • Utilising cost management throughout the planning, design and construction phase
Mastering risk management in contracting services while improving
cost, quality and timeline required for project delivery Risk Identification Process
• Delving into different types of contracts and nature of a contract in a construction • Ranking the risks in terms of frequency of occurrence and degree of impact
project • Allocating risk expects or departments to handle risk identifications
• Analysing limitations of liability in any contract in terms of risk to the parties involved in • Compiling a list of opportunities and risks for the risk team during the project life cycle
a construction project • Reducing redundancy and practices for an efficient management of risk during the
• Identifying effective ways in transferring risk through contractual terms planning process
• Examining the circumstances involved in handling breach of contract in construction • Establishing a risk culture that contributes to better cost management while planning
projects during construction
• Maximising the effectiveness of risk transfers in construction contracts • Using cost management throughout the planning ,design and development process
• Looking at competitive tendering and the various procurement systems that allocates for an effective construction project
risk in different ways • Tailoring risk planning strategies towards developing project strategies for an effective
Jidesh Kumar Managing Partner growth
King, Stubb & Kasiva Your workshop leader:
1200 Session Three – Expert Advice Biren Parekh Partner
Ernst & Young Private Limited
Optimising passenger comfort at airports through smart construction
in order to achieve satisfaction as well as high turnover * Afternoon refreshment will take place from 1530 - 1600
• Improving the current operations of airports while looking at designing “smart airport”
• Shifting from cost centric level to safety culture while focusing on industrial hygiene 1700 Closing remarks & close of conference
and safety measures
• Strengthening initiatives in designing smart airports for effective growth
• Moving towards achieving an environment friendly airport
• Seeking out ways to improve, innovate and shorten the building cycle of airport
construction
Vijender Sharma Senior Advisor About the expert workshop leader
Fraport Airport Operations India Private Limited
Biren Parekh Partner
1245 Session Four – Expert Advice Ernst & Young Private Limited
Integrating health and safety issues during the design and early Biren heads the real estate, hospitality and construction practice for risk advisory services at E &
stages of preparation in construction Y. He is the leader of the capital projects advisory solution. A qualified Chartered Accountant
• Preventing accidents and harmful effects on the health of workers through appropriate who specialises in project management, business process review and risk based internal audit.
design of construction projects Biren has experience in capital projects advisory solution, business process review projects,
• Gaining awareness with a well-planned safety programme in preventing accidents construction audit, internal audit, and enterprise risk management for leading construction
• Using suggestion method in improving current safety conditions: Safety and health companies. This includes road construction company, cost allocation review for major
audits construction company, project management support on large residential, IT Parks, SEZ and
• Shifting from production level to safety culture while focusing on site industrial hygiene township projects, business process review projects for leading real estate developers.
and safety measure
Key clients include:
Mohan Abichandani Head Infrastructure Business – Construction
• Cummins India • Larsen & Toubro
Reliance Communication Limited
• Kvaerner • KMC Construction
• The Dhamra Port Company Limited • Neev Infrastructure
1300 Corporate Presentation by
• Trans Tech Turnkey

Who should attend Why you cannot miss this event

Chiefs, Directors, Vice Presidents, General Managers and Heads from: Construction Risk Management will address the current challenges in managing projects
• Project Management • Construction while focusing on relevant approaches in identifying and addressing risk.
• Strategy & Project Planning • Corporate Planning The construction industry is an integral part of the country’s infrastructure and industrial
• Engineering • Contracts development. This sector is subjected to significant risk and uncertainty compared to many
• Infrastructure • Operations other industries. This forum will be a good platform to learn best practices and techniques
• Legal • Procurement in mitigating construction risk from top notch companies. This will be an opportunity to
• Logistics reduce your exposure to project failure, quantifying and planning risk in the project life cycle
as well as to control construction cost.
From the following industries:
marcus evans is pleased to announce this premier conference featuring world-class
• Real estate • Buildings- Urban infrastructure
construction industry experts, who will be delivering critical frameworks in managing risk.
• Road ,Tunnels & Bridges • Ports This two day event will stimulate discussions on actual experiences , providing delegates
• Airports • Financial Institutions with insights to prevent risk in contracts, finance, project delivery as well as safety elements
• Telecommunications • Power and utilities required for an organisation. Do not miss this great opportunity to be part of this meet and
• Government • And many more to gain insights on effective risk management strategies.

marcus evans reserves the right to change the venue of, or speakers at the conference should circumstances require. © marcus evans