Overview:

This session is a focused, single-purpose guide to using ChatGPT for one of the highest-stakes parts of the estimating process: bid risk. Rather than covering AI in construction broadly, the entire 60 minutes is built around a single framework - R.I.S.K. (Recognize, Interrogate, Score, Keep or Kill) - and a complete library of ready-to-use prompts attendees can apply to their next bid package. Every prompt is shown paired with an illustrative sample output, so attendees see not just what to type but what kind of result to expect and why it matters.

The session closes with a full worked case study - a bid package taken through the entire R.I.S.K. cycle start to finish - and a clear-eyed look at where ChatGPT's analysis needs to stop and human judgment and verification take over. Attendees leave with a documented process, a prompt library they can use immediately, and a 30-day plan for building this into their existing bid workflow.

Why you should Attend: Every bid that goes out with an unexamined risk is a bet the estimating team didn't know it was making. A vague scope clause, a schedule assumption that doesn't hold, a subcontractor quote with no verification behind it - these are the details that erode margin long after the contract is signed, and by the time they surface, the window to price for them or walk away has already closed. Teams that build a disciplined risk-review habit into their bid process consistently protect margin better than teams relying on manual review alone, simply because more eyes - human and AI - catch more gaps. If your bid risk review currently depends on whoever has time to read the documents closely that week, this session gives you a repeatable process and a full set of ready-to-use prompts so that review no longer depends on who's available or how rushed the deadline is.

Areas Covered in the Session:

• The hidden categories of bid risk most estimating teams miss - scope ambiguity, unfavorable contract terms, schedule compression, subcontractor reliability, site and environmental unknowns, and material or labor cost volatility
• The R.I.S.K. framework - Recognize, Interrogate, Score, Keep or Kill - a repeatable four-step process for reviewing any bid through a risk lens
• A complete library of 10 ChatGPT prompts, each shown with a sample output, covering the full range of bid-risk categories
• A worked, start-to-finish case study: one bid package taken through the entire R.I.S.K. cycle
• Where ChatGPT's analysis stops - what it cannot verify, such as legal enforceability of contract language, actual vendor pricing, or site conditions - and where human judgment and follow-up must close the gap
• Common mistakes estimating teams make when using ChatGPT for bid review, and how to avoid them
• How to turn a risk score into a documented, defensible bid/no-bid decision
• A 30-day action plan for building this process into an existing bid workflow

• Construction Estimators
• Chief Estimators
• Preconstruction Managers
• Bid Managers
• Project Executives
• Directors of Preconstruction
• VP of Construction Operations
• Proposal and Business Development Managers
• Risk Managers in Construction Firms
• Owners and Principals Reviewing Bids