Risk and Value Management Semester 7 (BE Fourth Year) BE Civil Engineering University of Mumbai Topics and Syllabus

CBCGS [2019 - current]
CBGS [2015 - 2018]
Old [2000 - 2014]


100 Risks
  • Definition, Types of risks; Uncertainties in projects
200 Risks Associated with Construction
  • Risks related to resources- Time, Money, Technology, Manpower etc.; Risks related to agencies- Client, Contractor etc.; Decision making in construction
300 Risk Management Systems
  • Risk identification, sources of risks.; Classification of risks, Impact and consequences of risks; Risk qualification and risk analysis; Risk response, retention, reduction, transfer and avoidance
400 Value Engineering
  • Definition: Value, Value Engineering, Value Analysis; Value Management; Habits, attitudes and roadblocks and their relation to value Engineering.
500 Value Engineering Job Plan
  • Definition: Value Engineering Job Plan, Various versions of plan; Phases involved in Job Plan.
600 Function Analysis
  • Function and its role in achieving value; Function in terms of its cost and worth; Graphical functional analysis; Function analysis system technique.
700 Creative Thinking
  • Definition: Creative Thinking; Creative People and their characteristics; Creative Processes, Creative sessions etc.
800 Life Cycle Costing
  • Definition, Purpose and implications; Economic Principles for L.C.C.; Types of life cycle costs.
900 Energy
  • Energy resources and consumption; Energy embodiment of construction materials; Factors affecting energy consumption; Impact of maintenance on energy saving.
1000 Integrated Approach to Value and Risk Management

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