Geotechnical Risk Management

September 7, 2022

Geotechnical Risk Management

Presented by: Douglas D. Gransberg

Abstract: Geotechnical risk is a common, substantial component of a project’s risk profile that may be difficult to quantify and develop reasonable contingencies for. Differences in risk perception, risk bias, and risk shedding behaviors between the Owner, Engineer, and General Contractor can be mitigated using tools, techniques, and processes developed to actively manage a project’s geotechnical risk. This course will provide useful information on the fundamentals of capital projects risk management and introduce participants to selection of effective, field-proven risk management tools with the capability to effectively manage geotechnical risk and reduce the risk of unforeseen site conditions claims.

Bio: Dr. Douglas D. Gransberg is the President of Gransberg & Associates, Inc. of Norman, OK and an emeritus professor of construction engineering at the University of Oklahoma. He retired at the rank of Lieutenant Colonel in the US Army Corps of Engineers. He earned a Ph.D. in civil engineering from the University of Colorado at Boulder and BSCE and MSCE degrees from Oregon State University. He was elected to the National Academy of Construction in 2019. He is also a licensed Professional Engineer in Oklahoma, Texas, and Oregon, a Certified Cost Professional, a Designated Design-Build Professional, and a Fellow of both the American Society of Civil Engineers and the Royal Institution of Chartered Surveyors in the United Kingdom.