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American Public Transportation Association

 Risk Assessment for Transit Capital Projects

National Transit Institute Course

Wednesday June 6 (1 - 5 p.m.) - Thursday, June 7 (9 a.m. - 5 p.m.)

This course is limited to 35 persons

Audience

This course is intended for government managers, contract managers, designers, and builders who are undertaking a transit capital project larger than $300 million. This course is scalable for smaller and medium-sized projects.

Goal

The goal of this course is to provide an overview of the risk review process, as described by the Federal Transit Administration (FTA) Oversight Procedure (OP) documents, including particularly OP-40.

Description

Participants will learn the purpose of a risk review, necessary preparations required to undertake a risk assessment, principles of the methods used for risk assessment, and how such assessments are applied to the project management process. Topics include:

  • FTA’s risk review requirements
  • Stages of project development when a risk assessment should be performed
  • Types of expertise necessary to conduct a risk assessment
  • Evaluating a project’s status
  • Identifying risks and mapping them to project components
  • Factoring risks
  • Risk assessment process, including Beta range factor concepts
  • Risk response
  • Risk protection, contingency analysis, and primary and secondary risk mitigation
  • Implementing and monitoring a Risk Management Plan

CEUs

1.0

Fee

Tuition shall be waived for federal, state and local government employees who work in transportation or related areas. The fee for contractors and consultants: $300.

Instructors

  • David N. Sillars, Ph.D., P.E., associate professor, School of Civil and Construction Engineering, Oregon State University, Corvallis, OR
  • William T. Thomsen, P.E., senior vice president, Urban Engineers, Inc., Philadelphia, PA

Registration

The pre-registration deadline is May 21 so materials may be prepared for each person.

On-site registration will be limited to a space-and-materials-available basis, so register early.

Questions?

Visit NTI’s Web site or contact NTI’s Myrna Sirleaf at (732) 932-1700 ext. 228 or mmoore@rutgers.edu

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