Published: May, 2022
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.
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.
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 get 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!
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Founder & CEO, Auspicium
Auspicium was founded as a management consulting firm specializing in audit, real estate management, facilities management and Construction Audit and construction audit cost recovery. We specialize in consulting, fraud examination, risk assessment, and training. Our founder is a recognized leader in the field and has spoken for private companies as well as for The Instiute of Internal Auditors and the Association of Certified Fraud Examiners.
Apr 25th, 2022
Mar 30th, 2022
Overall, I am grateful for the experience of the webinar. However, despite the presenter being knowledgeable in the subject matter, she appeared very distracted during certain periods. Examples include handing items to someone off camera, leaving the webinar momentarily and dogs barking in the background. This was only a 2 hour webinar so it provided an unprofessional atmosphere.