AIA National presents:

Emerging and Ongoing Risks in the Design Industry

Date: Wednesday, September 30, 2020
Time: 2:00 pm - 3:00 pm
Credits: 1 AIA LU
Free Live Webinar

Overview:

Risk is something we face every day. Some risks are obvious, some are unexpected, and some we don’t even know are out there. We all consciously and subconsciously weigh risk and shape our actions to mitigate it in some fashion.

In the design and construction industry, risk is an ongoing and evolving topic. Architects traditionally handle risk by avoiding it all together, managing it through procedures and language in contract documents, transferring risk to others, or simply accepting it. However we address risk, it should be done in a purposeful and deliberate manner based on knowledge of the risk versus potential reward for assuming the risk. It should consider our professional obligations to clients, the community, and its effect on our practice. Join us for a live webinar that will explore strategies for identifying, understanding, and managing risks in the design industry. Presenters will cover: changing standards of care, scope creep, fiduciary responsibility, BIM, and economic loss. Attendees will: • Survey the unique risks that architects face in order to minimize or avoid them. • Examine how a clear understanding of each party’s unique roles and responsibilities will reduce project delays, misunderstandings, and disputes. • Identify key contractual modifications that can help alleviate risks and challenges in order to achieve a successful project. • Learn where to get AIA resources— tools, contracts, and guides developed to enhance your understanding of risk management issues to the benefit of all project team members.