Construction Project Risk 2 Credits
Construction Audit Series
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US Bureau of Labour Statistics shows that as of January 2020, there were $7.59M people working in the construction industry. In addition, data from the Association of General Contractors of America shows that the construction industry has more than 600,000 employers in the US and creates nearly $1.3 trillion worth of structures each year.Â
Undergoing a construction project comes with its inherent risk. And each project is unique in its rights. But where do you begin to define the risks?
Inherent risks are those that exist based on the general characteristics of the project. These are risks that can appear regardless of the specific nature of the project. None of the inherent risks mean that the project is in trouble. Many of these risk factors will be rated as low or medium-level risks. Even if you identify an inherent risk as high, other project factors will come into play as well.
In this CPE webinar, we will look at the CARE © methodology developed by the speaker Denise Cicchella to identify risk and be able to define project success.
Key topics covered in this course:
Construction is a risky business. Each construction project is unique and comes with its own set of challenges and opportunities. Identifying and managing construction project risks can be tricky, but not impossible with careful planning and execution.
This CPE Auditing webinar will give students the foundation needed to properly define project risk. Even projects that rely on project managers to assign the risk will be surprised. It will touch on internal controls to deal with risks but taking the Project Controls course will be more in-depth.
This webinar is a part of the Construction Audit Series by Denise Cicchella!
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Denise Cicchella is a seasoned expert in audit and compliance, boasting over two decades of experience in the industry. As a Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE), she has a distinguished track record of enhancing organizational integrity and efficiency through meticulous financial oversight and strategic risk management. Denise’s expertise spans various sectors, including healthcare, manufacturing, and finance, where she has consistently demonstrated her ability to uncover and mitigate fraud, optimize internal controls, and drive compliance initiatives.
Denise is a published author and has written four books on internal audit and project management. They are:
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To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.
Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.
To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
BE
The instructor was very good and opened my eyes in the auditing of construction companies to many items that go well beyond thw numbers.
YJ
Very good material and presenation
Dec 13, 09:30 AM ET
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