Climate Risks Increasingly Important In Real Estate Investment Decisions

Business Facilities

Real estate investors commonly view local climate risks — such as wildfires, frequent and intense storms and sea-level rise — as core factors in investment decision-making. Read: Climate Risks Increasingly Important In Real Estate Investment Decisions at BusinessFacilities.com.

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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. Best Practices Featured News Software Trends cloud based construction software construction collaboration construction document software construction project management construction risk construction software

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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

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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

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

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

Virtual Event Series Talks Risk Assessment, Management

Construction Equipment

Occupational safety and health professionals can learn how to effectively assess and manage the risks their organizations face by attending SafetyFOCUS: Risk Assessment and Management, a two-day virtual event offered by the American Society of Safety Professionals (ASSP).

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Virtual event series spotlights risk assessment, management

Construction Equipment

Occupational safety and health professionals can learn how to effectively assess and manage the risks their organizations face by attending SafetyFOCUS: Risk Assessment and Management, a two-day virtual event offered by the American Society of Safety Professionals (ASSP).

A Guide to Managing the Risks of Working at Height

Construction Business Owner

A Guide to Managing the Risks of Working at Height. Elizabeth Manning. Tue, 09/29/2020 - 14:05. In 2019, 298 construction workers died because of a fall. Don't let your jobsite employees be a part of the 2020 data. Here's a fall protection guide for your team

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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.

Is There Risk in Your Fleet?

Contractor Magazine

Learn the Risks - Take the Quiz

Risk 58

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. But the risks associated with ESG disclosures are real and should not be underestimated. Public companies in the U.S. find themselves at a dynamic time of emergent environmental, social and governance (“ESG”) disclosures.

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Plan Ahead to Manage Change and Construction Risk

Viewpoint Construction Technology

How Can Contractors Manage Risk

Zurich Offers New Risk Management App for Constuction

Construction Equipment

Zurich North America Insurance is offering a new construction app through Zurich Services Corporation designed to help its construction customers manage their risks and help improve safety, quality, and insights while on the job.

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.

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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

A New Year of Risk

Construction Business Owner

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

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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

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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. Even within the same project, there may be distinct sources of risk. Check out this #awesome construction risk management guide Click To Tweet. How we could define risk in a construction project. Types of risk in construction. Legal Risks.

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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

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 100

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

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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

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.

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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.

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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

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? Natural disaster risk is an important site selection factor that has the risk of being overlooked when evaluated alongside factors such as workforce and logistics. . Hurricane Risk. Earthquake Risk. Wildfire Risk. Tornado Risk. By Amanda Taylor.

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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.

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Plan Ahead to Manage Change and Construction Risk

Viewpoint Construction Technology

How Can Contractors Manage Risk? Risk itself, especially risk caused by large economic forces, isn’t usually something individual businesses can control. That being said, the best way to manage risk in the construction industry is to have a solid game plan. But at its most basic level, strategic planning for risk management means deciding which changing conditions you should pay attention to, when your business will adjust to changing conditions and how you’ll respond.

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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. AIHA is an association for occupational health and safety science professionals, including industrial hygienists who work alongside construction safety experts to reduce health

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

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4 Factors to Consider to Mitigate COVID-19 Risk & Liability

Construction Business Owner

4 Factors to Consider to Mitigate COVID-19 Risk & Liability. Elizabeth Manning. Fri, 09/25/2020 - 09:32. With commercial construction back to work and projects across the country continuing to add jobs, one study indicates 56% of industry losses since the beginning of the pandemic have been recovered. This indicates owners face new or different aspects of liability due to the COVID-19 environment

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

Why Another Tool Is Needed to Reduce Safety Risks

FDR Safety

What is coming into clearer view for many safety and risk management professionals is that existing safety methods/tools for injury reduction [i.e., The Need for Task Based Risk Assessment (TaBRA). In most cases, a small team may work through the process); Captures and details each step / element of any task; Identifies and pairs tasks and the hazards and exposures (risk) into ‘task-hazard pairs’; and. Below have demonstrated substantial improvement over the past 25 years.

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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

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

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Minimize risk with integrated software

Viewpoint Construction Technology

Businesses succeed when good decisions are made

Risk 130

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 "

How to Achieve Acceptable Risk with TaBRA

FDR Safety

In past years I’ve written about the value of the ANSI B11 standards and risk assessment. Key to learning how risk assessment and feasible risk reduction work together is to undergo experiential learning. Presentation on risk assessment and feasible risk reduction. Participants better understand the reason why risk assessment must precede the determination of feasible risk reduction methods based upon the hazard control hierarchy.

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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

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