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Controlling Total Cost of Risk in Construction

Construction Business Owner

Controlling Total Cost of Risk in Construction Four key strategies to improve total cost of risk and drive successful construction outcomes mhodges Wed, 02/28/2024 - 10:14 The global construction industry is expected to grow by 85% to $15.5 trillion by 2030, but this growth comes with risk management challenges.

Risk 360
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Understanding Driver Risk Is Paramount to Your Company’s Profits

Construction Business Owner

Understanding Driver Risk Is Paramount to Your Company’s Profits Use fleet tracking tech to tackle operational challenges while keeping your drivers safe mhodges Thu, 04/20/2023 - 07:37 Fleet managers must balance ever-shifting routes and customer needs — all while keeping drivers (and the public) safe.

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How Improved Change Order Communication Can Reduce Risk for all Stakeholders

Construction Business Owner

Despite so many other advancements in the construction industry, the traditional change order process is still one of the biggest headaches in commercial construction. After 10 years as a project manager at Devcon, a leading design-build general contractor, he knew there should be a better way to track and communicate on change orders.

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Top 5 Risks for Set-Aside Contractors

Construction Business Owner

Top 5 Risks for Set-Aside Contractors. But the risks can be big, too. That’s why set-aside projects are a boon for small businesses—but risk and reward go hand in hand. Here are the top five risks facing set-aside contractors. Business Management. federal construction contracts. risk management.

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Construction Safety Degrees: What to Expect

Construction Business Owner

Construction Safety Degrees: What to Expect Explore the components and benefits of a construction safety degree. mhodges Thu, 02/01/2024 - 12:16 Safety is a significant concern at construction sites, and as a construction business-owner your No. 1 priority is keeping your crew safe. How will we use this information?

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How to Step Up Your Game on Loss Control & Claims Management

Construction Business Owner

How to Step Up Your Game on Loss Control & Claims Management. Risk Management. construction claims management. This sponsored article is provided by both Construction Business Owner and the sponsor who may follow-up with you regarding their products and/or services. Greg Ragsdale. Mon, 11/23/2020 - 19:11.

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5 Ways Contractors Can Improve Profitability

Construction Business Owner

How to reduce the risk of every project. By following project accounting best practices as they manage budgets and billing, they can help ensure the profitability of each project. By following project accounting best practices as they manage budgets and billing, they can help ensure the profitability of each project.