after a risk workshop has been completed, risk interviews are often completed wi

Question

after a risk workshop has been completed, risk interviews are often completed with subject matter experts. Assess the value of the interviews to identify risk response strategies. Provide one example of a subject area you would expect to be addressed in the interview and explain why.

Give your opion as to why iti s important to work high-riority opportunities prio to working high-priority threats. Analyze how those opportunities help you with the rest of your risk mitigation strategies for a project

Explanation / Answer

This interactive workshop provides a comprehensive overview of the risk environment that construction contractors deal with today. The workshop explores how risk considerations influence the bidding process, contract conditions/elements, and pricing.

The workshop faculty is comprised of recognized industry experts in construction risk, who will share their insights and answer your questions. In addition, participants will have the opportunity to work in small groups with their peers to deepen their understanding of the topics presented during the workshop.

   Gain the contractors%u2019 perspective on:

In fact, scientists and engineers are celebrities in most countries. They%u2019re not seen as geeks or misfits, as they too often are in the U.S., but rather as society%u2019s leaders and innovators. In China, eight of the top nine political posts are held by engineers. In the U.S., almost no engineers or scientists are engaged in high-level politics, and there is a virtual absence of engineers in our public policy debates.

Why does this matter? Because if American students have a negative impression %u2013 or no impression at all %u2013 of science and engineering, then they%u2019re hardly likely to choose them as professions. Already, 70% of engineers with PhD%u2019s who graduate from U.S. universities are foreign-born. Increasingly, these talented individuals are not staying in the U.S %u2013 instead, they%u2019re returning home, where they find greater opportunities.

Part of the problem is the lack of priority U.S. parents place on core education. But there are also problems inherent in our public education system. We simply don%u2019t have enough qualified math and science teachers. Many of those teaching math and science have never taken a university-level course in those subjects.

I%u2019ve always wanted to be a teacher; in fact, I took early retirement from my job in the aerospace industry to pursue a career in education. But I was deemed unqualified to teach 8th-grade math in any school in my state. Ironically, I was welcomed to the faculty at Princeton University, where the student newspaper ranked my course as one of 10 that every undergraduate should take.

In a global, knowledge-driven economy there is a direct correlation between engineering education and innovation. Our success or failure as a nation will be measured by how well we do with the innovation agenda, and by how well we can advance medical research, create game-changing devices and improve the world.

I continue to be active in organizations like the IEEE to help raise the profile of the engineering community and ensure that our voice is heard in key public policy decisions. That%u2019s also why I am passionate about the way engineering should be taught as a profession %u2013 not as a collection of technical knowledge, but as a diverse educational experience that produces broad thinkers who appreciate the critical links between technology and society.

Here we are in a flattening world, where innovation is the key to success, and we are failing to give our young people the tools they need to compete. Many countries are doing a much better job. Ireland, despite a devastated economy, just announced it will increase spending on basic research. Russia is building an %u201Cinnovation city%u201D outside of Moscow. Saudi Arabia has a new university for science and engineering with a staggering $10 billion endowment. (It took MIT 142 years to reach that level.) China is creating new technology universities literally by the dozens.

These nations and many others have rightly concluded that the way to win in the world economy is by doing a better job of educating and innovating. And America? We%u2019re losing our edge. Innovation is something we%u2019ve always been good at. Until now, we%u2019ve been the undisputed leaders when it comes to finding new ideas through basic research, translating those ideas into products through world-class engineering, and getting to market first through aggressive entrepreneurship.

That%u2019s how we rose to prominence. And that%u2019s where we%u2019re falling behind now. The statistics tell the story.

Innovation is the key to survival in an increasingly global economy. Today we%u2019re living off the investments we made over the past 25 years. We%u2019ve been eating our seed corn. And we%u2019re seeing an accelerating erosion of our ability to compete. Charles Darwin observed that it is not the strongest of the species that survives, nor the most intelligent, but rather the one most adaptable to change.

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