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Construction Risk Management: How to Reduce Top Construction Risks

Autodesk Construction Cloud

Risk mitigation in project management helps prevent delays and rework, helping project managers provide stakeholders with timely access to reports, data, and documents while improving transparency and producing a higher quality of work. We all know how megaprojects can easily go millions and even billions over budget.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Reducing Risk and Increasing Safety.

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6 Ways Contractors Can Save Money with Technology

Viewpoint Construction Technology

Construction projects all too easily run over budget and behind schedule, and in an industry with thin profit margins, that can be a big problem. Improve Project Planning and Execution with BIM. Building information modeling (BIM) is growing increasingly popular in construction, and for good reason.

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Construction Risk Management: What to do when your project goes wrong

Lets Build

For example, your budget will be extremely different if you are working in a country with high taxation. Hiring a strong legal team , if your budget allows it, should always be a priority. In that sense, it’s imperative that you have done your best in order to minimize the possibility of an injury on site. Legal Risks.

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Why is construction so hard?

Fieldwire

If it was easy, we wouldn’t have the highest rate of injuries among all other industries, or one of the highest rates of suicides. An architect and team of designers has created a facility or structure that is meant to fulfill the needs and desires of a particular client, with a particular budget, building on a particular site.