Mitigate Construction Risk at Project Closeout

Viewpoint Construction Technology

Risk and construction projects go hand in hand. The post Mitigate Construction Risk at Project Closeout appeared first on Viewpoint Surveyor.

Risk 184

Risk management plan in construction – A practical guide

Lets Build

There is never a time when a construction company is not going to take at least a little risk with their projects. In that sense, it is no exaggeration to claim that an exhaustive risk management plan is a ‘must have’ in your construction operations. Nevertheless, putting together a functional risk management plan isn’t always. Construction construction construction risk management risk management risk management plan

Risk 103

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Risk Management in Construction Projects

The Constructor

Risk management in construction industry is an important part of the project planning and management. Various risks associated with construction. Construction Engineering & Management Construction Management Construction Project

Risk 111

How to Manage Catastrophic Construction Risk

Construction Business Owner

How to Manage Catastrophic Construction Risk. Manage construction risk on your construction projects better with a CPrL professional liability policy Elizabeth Manning. Tue, 04/21/2020 - 11:58.

You Can't Improve Construction Safety from Inside a Filing Cabinet

How mobile technology can mitigate risk, save money, and provide a competitive advantage

LEED can Help Mitigate Legal Risks in ESG Disclosures

Green Building Law Update

This blog post highlights the legal risk associated with ESG disclosures and proffers that with green building practices companies can mitigate their legal risk while still being responsive to the trend of investor demands for more disclosure. Public companies in the U.S.

Legal 222

Readers Respond: Don't shut down sites in high-risk areas

Construction Dive

In response to last week's survey, Construction Dive readers weigh in on whether jobsites should close to help mitigate the spread of the coronavirus in states like Florida, Texas and California, where cases are surging

Risk 126

Appeals court upholds $687K builders risk exclusion on Balfour Beatty project

Construction Dive

The court found that the risk policy for a Houston office building did not cover damage to the windows caused by slag from welding operations by subcontractor Milestone Metals

A New Year of Risk

Construction Business Owner

5 economic risks and construction-specific challenges contractors will face in 2019

Risk 102

Resources ID Key Health Risks in Construction

Construction Equipment

Free resources from AIHA educate construction industry leaders about the health risks associated with construction work.

5 red flags that a job might not be worth the risk

Construction Dive

In challenging economic times, contractors need to be especially vigilant for warning signs such as uncertain financing, incomplete drawings or an owner with a bad reputation, experts say

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

Lets Build

There is a number of parameters that you should think about and an efficient management of the risk is surely necessary. In other words, you can’t really define risk on the exact same way in every construction project. How we could define risk in a construction project.

Risk 168

Plan Ahead to Manage Change and Construction Risk

Viewpoint Construction Technology

How Can Contractors Manage Risk

The Dotted Line: Mitigating the risks of technology

Construction Dive

It's all about the allocation of risk, legal experts explain. Humans are responsible for computing errors just as they would be for a bulldozer mishap

DOT 133

Fluor re-evaluates risk, project selection amid $555M Q2 loss

Construction Dive

"We must take a more disciplined approach to risk assessment," CEO Carlos Hernandez said. "We're focusing on profitability and cash generation "

Risk 111

Study confirms construction during pandemic puts workers, community at risk

Construction Dive

New modeling quantifying the outbreak's effect on the Austin, Texas, market highlights the importance of mitigating the danger from construction work, as the activity could elevate the area's hospitalizations from 10,000 to 30,000

Austin 128

The cost of allocating design risk to contractors

Construction Dive

Design flaws are a constant risk in construction, but the contractual allocation of that risk can sway considerably from project to project

Risk 108

4 Trends in Construction Risk to Watch in 2020

Construction Business Owner

4 Trends in Construction Risk to Watch in 2020. 4 big trends in construction risk that contractors should pay attention to in 2020 Elizabeth Manning. Wed, 01/22/2020 - 16:14.

Risk 112

Staying Successful Means Taking Risks

Contractor Magazine

Not one of the 100 companies on our Book of Giants list got there by resting on their laurels

Risk 88

VR forklift training removes risks, reduces costs

Construction Dive

The software transports trainees to a "simulated work setting," which can be useful for other heavy construction equipment training scenarios as well

Risk 125

Risk Exposure

Mr Ethics

Dear Mr. Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Owners are assuming less and less risk exposure through contract provisions that assign risk away from them. Construction parties should be assuming that risk exposure that they control through their performance of work, services and/or actions.

Risk 100

Risk Exposure

Mr Ethics

Dear Mr. Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Owners are assuming less and less risk exposure through contract provisions that assign risk away from them. Construction parties should be assuming that risk exposure that they control through their performance of work, services and/or actions.

Risk 100

Should contractors risk moving into niche building sectors?

Construction Dive

Construction firms should understand the challenges of a new line of work, including the possibility of slower payment schedules, diversity hiring goals and technology expertise

Risk 126

Standards for reducing risk of COVID-19 in senior living communities

BD+C

The American Institute of Architects ( AIA ) released strategies and illustrations recently that can help senior living communities mitigate risk of COVID-19.

AIA 83

By predicting risk, AI tool shapes top firms' safety conversations

Construction Dive

to understand and proactively target the most pressing risks on their projects Contractors like Suffolk, Shawmut and AECOM are using Smartvid.io

Risk 98

Tread lightly in new risk territory, for landmines await

Construction Dive

At the Construction Super Conference this week, contractors and arbitration lawyers shared the importance of mitigating risk by spotting "landmines" early in the preconstruction phase — when the contract is still being written

Risk 117

Evaluating Natural Disaster Risk In Site Selection

Business Facilities

Companies are asking themselves in the wake of these catastrophic and costly storms, are we adequately evaluating the risk of natural disasters when deciding where to locate new facilities? Hurricane Risk. Earthquake Risk. Wildfire Risk. Tornado Risk.

Risk 56

Coronavirus: Who Will Bear the Risk & Cost for Construction Delays?

Construction Business Owner

Coronavirus: Who Will Bear the Risk & Cost for Construction Delays? Wondering who will bear the construction risk associated with project delays caused by the coronavirus? Elizabeth Manning. Tue, 03/10/2020 - 11:20. Find out what Peter Strniste from Robison-Cole had to say about the COVID-19 crisis

Risk 100

Autodesk machine learning tool ranks jobsite risks

Construction Dive

Construction IQ algorithms pore through thousands of safety and quality issues to steer project leads and executives toward those that are most urgent

ESG, including Advantaged by Green Building, Requires Risk Oversight

Green Building Law Update

Such is problematic for corporate directors, in particular in their risk oversight role as they consider risk management policies to be implemented by the company’s management that are consistent with the board’s strategy and risk appetite.

Risk 203

FERC Decision Puts State Renewable Portfolio Standards At Risk

Green Building Law Update

In the ongoing conflagration between “reliable power” and “clean energy” many may have missed when last month federal energy policy declared reliability the winner with renewable energy subsidies (e.g., state renewable portfolio standards) the loser.

Risk 156

New P3 contract form promises to better allocate risk

Construction Dive

ConsensusDocs said it developed a new standardized public-private partnership agreement in part to lower transactional costs for small and medium-sized projects

PTD Before Risk Assessment: A Historical Perspective

FDR Safety

This article will show that before risk assessment innovative initiatives that might currently be considered PTD efforts resulted from collaboration of safety and engineering personnel primarily relying on assessments of feasibility. Applying lessons learned from individual projects was problematic because no practical risk assessment methodologies were in use. The advent of risk assessment for manufacturing in the late 1990s established the foundation for today’s PTD initiatives.

Risk 120

The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

Conflicts and other project risks can delay work and negatively impact bottom lines. Leading-edge technology, like Viewpoint’s JobPac solution are helping contractors mitigate risks.

9 Ways Technology Is Lowering Risk on the Jobsite

Construction Business Owner

This nine technologies can lower safety risks on-site. As projects become even more manifold, the number of workers, equipment and materials that need to be tracked and managed increases. Under pressure to deliver work on time and within budget, safety can often become compromised.

Risk 123

The power of risk assessment

FDR Safety

But the fact is that resources and time are finite and that is where a very real-world tool, used extensively by professionals in finance, operations and other disciplines, becomes extraordinarily valuable to safety professionals – risk assessment. Simply put, risk assessment prioritizes the safety hazards in a workplace according to their severity and likelihood of occurrence. The truth is that in the workplace, as in life, there is no such thing as a totally risk free environment.

Risk 150

Telematics Provider Shares Covid-19 Driving Risk Data

Construction Equipment

Fleet video telematics provider Lytx has shared data about changes in driving risk tied to the Covid-19 pandemic. Our data is reflecting interesting trends related to Covid-19 shelter-in-place orders and the impact on risky driving behaviors,” said Lytx VP of safety Del Lisk. “We

Risk 69

Risk on the Horizon

Construction Business Owner

Risk 110

Dotted Line: How to manage the risks of delegated design

Construction Dive

Here's how to limit the risks Taking responsibility for even a small portion of the design can expose contractors to increased liability.

DOT 102

What Tech Can Do to Reduce Risk on Construction Sites

Construction Business Owner

Learn from data in Dodge Data & Analytics and Triax Technologies' SmartMarket report, Using Technology to Improve Risk Management in Construction SmartMarket Insight, about how you can mitigate risk on your project sites through the use of tech, such as wearables, VR and AR, and robotics

Risk 120