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Construction Risk Management: How to Reduce Top Construction Risks

Autodesk Construction Cloud

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Before you start panicking about the 90 plus risks on the list you’re probably not completely aware of at this moment, let’s take a step back.

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Addressing the Global Construction Labor Shortage: 3 Proven Steps to Success

Autodesk Construction Cloud

Research by Autodesk and the AGC found that 85% of firms in the US have open positions, and 91% are struggling to fill at least some of these roles. In fact, three out of four respondents (77%) to the 2023 AGC and Autodesk workforce survey agree that have a diverse team is key to boosting their business in the long run.

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100+ Construction Industry Statistics

Autodesk Construction Cloud

From measuring bid-to-win ratio, to how much a project is over budget or schedule, and KPIs , the more numbers you can put behind your work, the better. With risk increasing, how do firms keep up with new change and demand for 2022 and beyond? . Risk Remains a Major Concern. AGC ] | Click to Tweet. Click to Tweet.

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Financial Readiness Tips for Contractors: How to Control Costs with Smart Preconstruction Practices 

Autodesk Construction Cloud

And while it may seem paradoxical to prepare for the unexpected, it's totally possible to gear up for cost and schedule changes effectively. Watch NOW Current challenges in preconstruction and planning Ken starts the discussion by sharing the AGC's economic data and outlook for the industry in three areas: labor, supply chain, and materials.

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3 Decisions that Keep Construction Owners Up at Night 

Autodesk Construction Cloud

This also means you don't have to rely on guesswork to make resource allocation, budget, and timeline decisions. Cost Management in Autodesk Build, which offers forecasting, real-time cost tracking, and budget management to keep your project on the right (financial) track.

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Accelerate your submittals workflows: New functionality in Autodesk Construction Cloud

Autodesk Construction Cloud

Missing a submittal could be a costly mistake, especially if it is not discovered until late in the project delaying the project schedule and increasing the overall budget. First, it improves the accuracy and quality of submittals, reducing the risk of error during construction. As a result, this process is error prone.

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12 Skills Every Successful Construction Project Manager Should Have

Autodesk Construction Cloud

While a rewarding career, a PM is on the scene to juggle change orders, large teams of workers and unexpected issues–all while ensuring all work meets expected quality, budget and schedule. During these hectic times and schedules, it becomes quite clear to distinguish the high-quality PMs from the average ones.