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Contracts need risk management

Construction Law

More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. It is poor risk management, unsuited to the increasingly sophisticated commercial world that contractors have to inhabit. Nick Barrett.

Risk 52
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Integrated Construction Planning, Procurement, and Project Delivery Solution

Job Order Contracting

Shared profit and risk and jointly developed project goals and values are keystones for team alignment for any project. Construction Management at Risk in Health Care Projects. Journal of Legal Affairs and Dispute Resolution in Engineering and. Leite, F., & Mulva, S. 36 Team Integration and. Journal of. in the Public Sector.

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Construction quality management: Everything you need to know

Lets Build

From a builder’s perspective, many potential risk factors can be anticipated and pre-emptively resolved by developing a construction quality management plan. It involves taking a quality-focused, hands-on approach to all stages and aspects of design, construction, and client relations. A game of risk.

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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. Identify the Contract.

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Virtue signallers beware

Construction Law

ICE’s report says accurate emissions reporting must become integral in the design of major infrastructure if private finance is to help fund green projects. Projects may also risk litigation for failing to mitigate the release of carbon in their design, construction and operation. Nick Barrett.

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Credible Construction Estimate Core Elements

Job Order Contracting

Define estimate’s purpose ■ Determine estimate’s purpose, required level of detail, and overall scope; ■ Determine who will receive the estimate Develop estimating plan ■ Determine the cost estimating team and develop its master schedule; ■ Determine who will do the independent cost estimate; ■ Outline the cost estimating approach; ■ Develop the estimate (..)

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Generating greater insights for the UK water market with @One Alliance

Autodesk Construction Cloud

In the UK, the water industry announced its commitment to a carbon zero future by 2030, which is decades before the government’s legally binding target of 2050. We’re able to use the lessons learned captured throughout each CPMS milestone to predict risk.

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