Quantity surveying risk management: critically analyze various risk and value theories and techniques, demonstrating understanding of strengths, weaknesses, limitations and reservation of such theories and techniques.

Quantity surveying risk management

1. Critically analyze various risk and value theories and techniques, demonstrating understanding of strengths, weaknesses, limitations and reservation of such theories and techniques.

2. Evaluate the difference between the concepts of cost and value and the importance of the cost/value relationship.

3. Develop and implement solutions to improve the effectiveness of risk and value management of construction and property appraisal.

4. Evaluate performance and productivity processes and practices in cost and value control of construction and property activity.

5. Critically evaluate risks and uncertain-es associated with the appraisal of construction and property developments.