4th Annual Middle East Summit on Construction Project Risk Management

Venue: Arjaan Rotana, Dubai, UAE

Location: Dubai, United Arab Emirates

Event Date/Time: May 31, 2009 End Date/Time: Jun 03, 2009
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Description

As the global economic climate continues to deteriorate, the construction sector is under more pressure than ever before to finish projects on time and to budget. Identifying and effectively managing risk throughout the construction cycle will reduce project delays and thus lessen unexpected costs. The current lack of liquidity in the market has exposed the fragility of project partnerships and emphasized the need to strengthen project contracts.

The Middle East Summit on Construction Project Risk Management, now in its fourth successful year, will adress the most current industry challenges facing risk management to avoid project delays and partner disputes.

What is new for 2009?
This exclusive summit will provide an interactive forum for leading industry experts to share and debate their experiences and strategies for successfully managing risk.

Topics include:

Strengthening industry relationships by developing collaborative risk management strategies
Overview of the arbitration process in the UAE to reach legal decisions on partnership disputes
Managing price volatility amongst key inputs on project profitability and individual project partners
Effectively managing the termination or suspension of service contracts and reviewing the UAE Civil Code
Managing risk in a climate of economic decline to ensure that construction projects and completed on time and to budget
Integrating thorough risk analysis into the cost-estimation process early in the project cycle to reduce unexpected risk

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