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 Risk Management

 What is VEP?  

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New in 2012: VEP Webinar Series for Level 2 Modules

In 2011, we offered webinars for Level 1 of our VEP program. 7 webinars were offered, with 5 in the spring and 2 in the fall.

In 2012, we'll be offering webinars for 7 of our 9 level 2 modules. Please check back after January 1 for event codes and registration information. Registration is limited to current insureds and brokers, and is limited to the first 25 sites to register. Each webinar will last 1 hour.

Study Aids Added

We added study aids for each individual module, which you can now download along with each module and test questions. These study aids are great for individual or group study.

VEP Reference Document

For those that want a complete description of our VEP program, complete with the contents of each module, we've put together a VEP reference document that you can download and share with others.

Two New Modules Added

We're pleased to announce the addition of two new modules to level 2 of the VEP. The new modules are:

  • 2-8: Specialized Risks: Designing for Sustainability and Condo Projects
  • 2-9: Emerging Practice: Building Information Modeling and Integrated Project Delivery

PDFs of the new modules and test questions, as well as an updated answer key, are now available.

Modules Updated with New AIA and EJCDC References

All VEP module and test files were updated to account for the 2007 editions of AIA documents and 2008 editions of EJCDC documents. Please be sure to update any files you may have previously downloaded.

Course Contents

Level 1—Introduction to Risk Management
  • 1-1: Concepts in Risk Management
  • 1-2: Legal Liability of Design Professionals
  • 1-3: Developing the Capacity to Manage Risk
  • 1-4: Evaluation of Projects and Clients
  • 1-5: Planning Phase and Design Phase Risk Management
  • 1-6: Bidding or Negotiation Phase Risk Management
  • 1-7: Construction Phase Risk Management

Level 2—Selected Topics in Risk Management
  • 2-1: Contracts for Professional Services
  • 2-2: Alternative Methods for Project Delivery
  • 2-3: Insurance for Design Professionals
  • 2-4: Dispute Prevention and Non-Adjudicative Resolution
  • 2-5: Adjudicative Dispute Resolution—Litigation or Arbitration
  • 2-6: Planning for Success in the International Project Arena
  • 2-7: Strategic Planning for Design Professionals
  • 2-8: Specialized Risks: Designing for Sustainability and Condo Projects
  • 2-9: Emerging Practice: Building Information Modeling and Integrated Project Delivery

You can download a table of contents in a printer-friendly format.

For each individual study module, a single, multiple-choice test is available here. 

Course Description

The VEP is a self-study program designed to teach design professionals how to identify, respond to and control the various sources of risk inherent in their performance of design professional services. The VEP was developed for our design professional policyholders.

VEP is a collaborative effort between Schinnerer and the Risk Management Committee of The American Institute of Architects (AIA) and the Professional Liability Committee of the Professional Engineers in Private Practice Division of the National Society of Professional Engineers (NSPE/PEPP).

The VEP provides two levels of instruction and testing: Level 1—Introduction to Risk Management, and Level 2—Selected Topics in Risk Management. While the material contained in each level is arranged to present a logical sequence of study, the individual instructional modules are designed to be reasonably freestanding.

General learning objectives are listed at the beginning of each module, and a summary of points is provided at the end of each module as well as suggested references for further reading.