Applications of proactive risk management during the bidding stage from a Contractor’s Perspective

Applications of how to proactively manage risks during the bidding stage from a Contractor’s perspective

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During the bidding stage, contractors are often required to review a substantial volume of tender documents in a very limited timeframe. The ability to identify, assess, and manage risks proactively at this stage has a decisive impact on both bidding success and project profitability.

This webinar introduces a structured Risk Framework for Contractors during the Bidding Stage, designed to help participants systematically identify risk sources, locate corresponding contractual clauses under the FIDIC suite of contracts, and analyse the allocation of each risk between the Employer and the Contractor. By integrating contract analysis with risk management principles, the session demonstrates how proactive risk identification can directly inform pricing strategy, bid decisions, and negotiation priorities.

Through practical demonstrations and real-world examples, the webinar equips contractors and project managers with the tools and methodology to automate part of the risk review process, enhance decision-making efficiency, and ultimately reduce exposure to contractual and operational risks.

Benefits of participating in this webinar

  • Understand the key risk sources faced by contractors during the bidding stage of construction projects
  • Learn how to apply a structured Risk Framework to analyse tender documents efficiently
  • Develop skills to identify corresponding FIDIC contractual clauses for different risk types
  • Analyse how risk allocations between Employer and Contractor affect bidding and project outcomes
  • Gain insights into proactive risk management and decision-making strategies in tendering
  • Explore practical methods and digital approaches to automate contractual risk identification

Topics covered in this webinar

  1. Risk Framework. A framework of risk sources in a construction project that a Contractor should pay attention to during their bidding stage
  2. How different categories of risk are managed by contract. A combination of functional view of contract and risk management in construction project
  3. Risks and identifications of their allocations. Identify relevant risks from the tendering documents provided by the Employer and classify their allocations.
  4. Decision Making. How to proactively manage risk from a Contractor’s perspective after all

Webinar host

Yuting Chen

PhD, MSc, PGCert, Senior Lecturer, FIDIC certified trainer

  • Senior Lecturer and Programme Director of MSc Construction Project Management
  • Interdisciplinary backgrounds in Construction Project Management (PhD), Finance (CFA), and International Business Law (PGCert)
  • Funded research project for Automated Detection of Contractual Risk Clauses in Construction Projects by using Natural Language Processing
  • Author of 15 academic publications on construction project management, especially related to contract
  • Providing consulting services for Chinese stated-owned contractor companies

Learning experience on the platform

Content designed to make it easy to put theory into practice

Information
1
Sharing
2
Take action
3
1

Gain knowledge

Information, statistics, experience, research, these are all fundamental elements for a broad and objective understanding of the effective management of the construction process, the problems inherent in the sector and possible solutions.

2

Share your experience

Knowledge is built through interaction with others, which is the basis of our experience. Our experts provide valuable content on industry processes, but by sharing experiences, opinions and discussions with qualified construction experts from around the world, you not only gain a broader understanding, but also valuable contacts to develop your business.

3

Apply the knowledge gained

It is not enough to identify the problems or to propose theoretical solutions. To be valuable, the knowledge and experience gained must be put to good use in designing quality projects, making efficient use of available resources and contributing to positive change in the industry.

Applications of proactive risk management during the bidding stage from a Contractor’s Perspective

Webinar

Th, February 12 at 3:00 PM (GMT+2)