American Council of Engineering Companies of Oregon
Wednesday, April 4, 2018

Part 6 of LD Series - Profitability & Risk Management in Engineering Practice (5302)

Start Date: 4/4/2018 7:30 AM PST
End Date: 4/4/2018 10:30 AM PST

Venue Name: David Evans and Associates, Inc.

2100 SW River Parkway
Portland, OR  United States  97201

Organization Name: ACEC Oregon

Merideth Webber
Phone: 503-292-2348

Part 6 of the 2017-18 Leadership Development Series
(each part is a stand-alone program; though the programs do complement one another)

Profitability and Risk Management in Engineering Practice  

This program is ideal for project managers, designers and engineers who are:

  • Interested in a leadership track in their career
  • Shifting their focus from projects to organizational and financial goals of the firm
  • Challenged by competing priorities
  • Being asked to take on more responsibilities with the same resources
  • New to managing multiple or complex projects
  • New to managing people and teams

Profitability and Risk Management in Engineering Practice  
Engineers often feel that they are between a rock and a hard place when it comes to risk management and profitability. If they follow all of the risk management advice they are given – e.g., “only sign 100% insurable contracts,” “don’t do business with difficult clients, “send CYA letters about everything” – they risk losing clients and projects. But engineers are also aware that one claim can have devastating impact on the firm’s profitability in the form of a (often quite large) deductible obligation, lost time, damage to reputation, and the like.
In this seminar we will explore how engineers can navigate the dangerous waters between sound risk management and profitability. We will provide practical advice about client and project selection, contract negotiation, and using documentation and communication to strengthen client relationships and reduce the likelihood of professional liability claims.  

Karen Erger, Lockton
Karen Erger is Vice President and Director of Practice Risk Management at Lockton, the world’s largest privately owned, independent insurance brokerage. Drawing upon her experience as a construction lawyer in private practice and as a claim supervisor for a major insurer of architects’ and engineers’ professional liability, Karen consults with Lockton’s architecture, engineering, and construction clients on practice management issues, including complex claims and contracts, and provides risk management training and resources.

Karen is an active participant on the ACEC National Risk Management Committee and a frequent presenter at ACEC and AIA national meetings. 

She graduated Phi Beta Kappa from the University of Chicago at 20 years of age with a degree in politics, economics, rhetoric, and law, and earned her law degree at the University of Chicago Law School. 

  • Members - $265 per person (if your firm is a member then you are a member) 
  • Non-members - $365 per person 

  • 7:30 a.m. - Check-in & breakfast
  • 8:00 a.m. - Program begins, includes time for Q&A
  • 10:30 a.m. - Conclusion 

David Evans and Associates, Inc.
2100 SW River Parkway
Portland, OR  97201

There are a few parking garages nearby: 
  • RiverPlace @ The Strand, 1852 SW River Drive ($16 max.) 
  • City Center Parking, 1875 SW River Drive ($16 max.) 
  • Montgomery Garage, 309 SW Montgomery Street ($10 max.) 

This class is good for accruing two and a half (2.5) continuing professional development credits

Cancellations must be received by Friday, March 30, 2018.