建筑工程与管理（CEM）计划开发知识，工具和方法，这些知识，工具和方法可以为建筑项目和组织（以风险管理为重点）增加价值。在建筑等成熟行业中，成功地管理风险在很大程度上决定着开发项目和企业的成败。通过发展基本的风险管理技能并参加前沿研究，学生可以使自己处于有利位置，以在营利性，政府和非营利性发展组织中发挥巨大作用。了解发展风险的性质和结构为建模，量化和减轻这些风险提供了基础。
The Construction Engineering and Management (CEM) program develops knowledge, tools and methods that can add value to construction projects and organizations with a focus on risk management. In mature industries such as construction successfully managing risk largely determines the success or failure of projects and enterprises. By developing basic risk management skills and participating in leading edge research, students can position themselves to make enormous differences in for-profit, government and non-profit development organizations. Understanding the nature and structure of development risk provides a foundation for modeling, quantifying and mitigating those risks.<br>Construction Engineering and Management faculty apply a variety of research methods to these issues to build and test potential theories with data. For example, statistical models of dependence among construction phases and activities illuminate the effects of project structure on contingencies. Advanced construction materials are used to build and describe the behavior of structural members in laboratories. Controlled experiments with human subjects describe how managers assess and choose risk strategies for comparison with results from computer models based on theories from finance and economics. Surveys of experts and direct observations of construction operations form the basis for new processes and practices.