Risk Management for Construction Professionals (LiFT Level 2)

This seminar is included in the LiFT Level 2 Project Management Program. Individual seminar registration is subject to availability.

Construction contracts do more than define scope, schedule, and price—they establish how project risks are allocated and managed throughout the life of a project. In this seminar, participants will learn how to identify and evaluate contract language that can significantly impact project profitability, productivity, and risk exposure.
 
Using real-world examples from the mechanical contracting industry, participants will explore common contract provisions related to scope, schedule, notice requirements, delays, changes, and risk transfer. Participants will also learn practical strategies for reviewing contracts, identifying potential issues before work begins, and improving communication between project teams, management, and legal counsel.
 
At the end of this seminar, participants will be able to:

• Explain critical contract clauses and the associated implications to the successful outcome of a project.
• Identify high-risk language related to scope, schedule, notice requirements, and risk transfer.
• Use the Contract Review Checklist to minimize exposure at all stages of the project.
• Summarize the importance of aligning contracts, bid documents, and proposals.
• Recognize common contract risks that can lead to disputes, delays, and financial loss.

Target Audience: 

Project Managers with 3–7 years of experience who have established project management fundamentals and are ready to develop more advanced leadership, financial, and project management competencies.

CEUs: 0.4

Cost: There is no charge for employees of MCAKC Member Contractors Signatory to Local 8 & 533.

$100 for Non-Members Signatory to Local 8 & 533.
$150 for Associate Members.
 
Instructor
Guy Gast is a Senior Consultant with The Waldinger Corporation and former President of Waldinger’s Iowa Division. During a career spanning more than 40 years, he held leadership roles in project management, operations, labor relations, and risk management while helping grow Waldinger into one of the Midwest’s leading mechanical contracting organizations.
 
Guy served as National President of SMACNA from 2015–2016 and was recognized as SMACNA’s 2020 Contractor of the Year for his contributions to the sheet metal and mechanical contracting industry. Drawing on decades of experience managing complex projects, contracts, and business operations, Guy provides practical insight into contract management, risk allocation, and strategies that help contractors reduce risk and improve project outcomes.

Cancellation Policy
Cancellations for this MCAKC event must be received at least 2 business days prior to the event by email to [email protected] or by phone at 913-948-9200.

Registrants who do not cancel and do not attend (“No Shows”), except in the case of an emergency, will be invoiced $100.