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GROUP II

MODULE 2
RISK AND RISK MANAGEMENT IN INTERNATIONAL CONSTRUCTION
A. NEW ISSUES AND EMERGING RISKS IN INTERNATIONAL CONSTRUCTION IN
RELATION TO THE CURRENT STATE OF THE WORLD IN PARTICULAR
,ENVIRONMENTAL DEGRADATION, DECIPATING RESOURCES AND CLIMATE CHANGE
1. Overview of issues, new issues and emerging in international construction and its
relation to state of the world
2. Comparison of new issues and emerging risks of developing countries and
developed countries (cite examples)
3. The effect of international sector issues and emerging risks in economic sector
4. the impact of international sector issues and emerging risks in environmental
sector
5. Awareness to universal problems in international construction through state of
the world
6. The impact of climate change in issues and emerging risks in international
construction
B. VARIOUS ISSUES AND RISKS IN INTERNATIONAL CONSTRUCTION AND HOW THEY
ARE ASSESSED AND MANAGED WITH EMPHASIS ON THE VARIOUS DECISION TOOLS
AVAILABLE FOR THE CONSTRUCTION MANAGERS TO CHOOSE FROM
1. Overview of Various issues and risks in international construction and how they
are assessed
2. Addressing and analyzing various issues and risks international construction
3. Comparison of issues and risks management of developing countries and
developed countries
4. Managing the international construction industry in terms of issues and risks
5. The role of construction and project management team in international
construction
6. Tools in assessing risks and issues in international construction

6. The impact of climate change in issues and emerging risks in international


construction

Global Climate Change


The share of Americans calling global warming the most important environmental issue
rose from 11 percent in 2003 to 35 percent in 2006 Global Warming Survey. In the

United States alo


ne, buildings account for 39% of total
energy use, 68% of total electricity consumption, and 38% of total carbon dioxide
emissions Green Building. The construction industry is faced with the challenge to
replace or renovate buildings to minimize environmental impact, for example, achieving
carbon neutrality, while at the same time yielding a respectable financial return on
investment. Some people are calling for reducing fossil fuel consumption of buildings
by 50 percent by the year 2010 with a goal of achieving carbon-neutral buildings by
2030 News. This requires new approaches to designing new buildings and renovating
existing buildings. For example, the Leadership in Energy and Environmental
Design Green Building Rating System LEED, developed by the U.S. Green Building
Council (USGBC), provides a suite of standards for environmentally sustainable
construction. Since its inception in 1998 and as of July 2007, LEED is now incorporated
in 14,000 projects in 50 US States and 30 countries covering 1.062 billion square feet of
development area (July 2007 USGBC figures).

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