Proactive Construction Risk Management Guide
In today’s construction landscape, successful firms no longer treat construction risk management as an afterthought. Managing risk is important for project success and company stability. There are many factors to consider. These include changing material costs, tough insurance markets, increasing legal risks, and new contract types. Being able to see and manage these risks is essential. Here’s a clear framework for how to manage risk across the lifecycle of your project and turn uncertainty into competitive advantage. 1. Define Risk Tolerance & Contract Strategy Before the shovels ever hit the ground, the construction contract establishes the foundation for how risk is distributed among the project team. Each contract type carries… Read More »Proactive Construction Risk Management Guide









