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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. AGC ] | Click to Tweet.

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3 Keys to a Better Bidding Process

Construction Business Owner

According to a survey by 1 Associated General Contractors of America (AGC) and FMI Corporation, 58% of construction professionals expect to see more technology-driven change within the next 5 years than there has been in the last 50 years. risk and field teams) during the evaluation process helps to ensure full buy-in. Greg Ragsdale.

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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

Leveraging a structured quality management program helps remove risks from construction processes that may rear their head during operations. Construction IQ , for example, uses machine learning and AI to identify risks and priorities automatically. So, what can you do to combat these issues and keep projects on track?

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Upcoming Webinars & Construction Events in June 2022

Autodesk Construction Cloud

The 7th annual Advancing Preconstruction 2022 returns with a heavy focus on tackling inflation and supply chain risk, including the knock-on challenges of accelerated design and early procurement. AGC Federal Contractors Conference 2022 (FedCon) (Washington D.C.). Spaces are limited so we recommend registering sooner than later.