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Apr 25

Risk and Value Management in Construction Projects | E-Basel

By Basel Al Najjar in Project Management
April 25, 2026

Claims Risk and Value Management in Construction Projects Risk and value management are critical for construction project success. Learn how to identify, assess, and respond to risks; optimize project value; and use modern risk management techniques to reduce uncertainty and avoid costly disputes. 12 min read · Updated 25/04/2026 By Basel Al Najjar Civil Engineering …

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About the Expert

Basel Al Najjar

Civil Engineering Consultant · Accredited Expert Witness
Arbitrator · Senior Project Manager

Specialising in construction claims, FIDIC contracts, and dispute resolution across the UAE. Acting as Arbitrator, Tribunal Chairman, and Independent Expert in high-value, multi-party disputes.

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⏱ FIDIC Notice Deadline Calculator

Select your contract edition and book, choose the relevant clause, then enter the date you became aware of the triggering event. All applicable notice deadlines will be calculated instantly.

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Date of Awareness / Event Occurrence

The date you became aware, or should have become aware, of the event giving rise to the claim or notice obligation.

Key Notice Periods at a Glance

1999 editions — Cl. 20.1 Notice: 28 days · Detailed Claim: 42 days
2017 editions — Cl. 20.2 Notice: 28 days · Detailed Claim: 84 days
Unforeseeable Conditions (Cl. 4.12): Notice as soon as practicable
Defects Notification Period: 365 days from Taking-Over Certificate

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Tag: insurance risk transfer construction

Risk and Value Management in Construction Projects | E-Basel

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