Mitigate Construction Risk at Project Closeout

Surveyor

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

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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

Risk 109

Risk management plan in construction – A practical guide

Geniebelt

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 64

Minimize risk with integrated software

Surveyor

The right integrated business software solution can provide you with that information and minimize your risk on a daily basis. Another risk common to construction companies is the chance of equipment damage. Even with the best training, there is a risk of injury on any worksite.

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

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

Plan Ahead to Manage Change and Construction Risk

Surveyor

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 108

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

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 76

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 87

The Role of Construction Software Technology in Mitigating Risk

Surveyor

If you do a little digging, you may notice that many industries utilise development and maintenance processes that are often repetitive and standardiz

Risk 156

A New Year of Risk

Construction Business Owner

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

Risk 70

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 59

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 96

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

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 94

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 78

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 169

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 100

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

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

Geniebelt

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 111

Construction Risk Management Boosts Profits

Construction Informer

While 73 percent of executives feel that risks to their companies are on the rise, companies in general are not meeting the increased risks with improved risk management. In fact, only 12 percent of responding companies demonstrated qualities that marked them as true risk management leaders, according to a PwC U.S. risk review. Google+.

Plan Ahead to Manage Change and Construction Risk

Surveyor

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.

Risk 155

You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

Financing Construction Good for Business Risk ManagementLiens Can Wreak Havoc on Funding. By Brian Stadler, Wolgast President & CEO. If you haven’t built a building in the last couple of years, you may be surprised when your banker tells you that they want to hire a Title Company to handle all of your payments to not only the General Contractor, but also directly to the General Contractor’s second tier Sub-Contractors.

Lien 40

Minimize risk with integrated software

Surveyor

Businesses succeed when good decisions are made

Risk 120

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 125

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.

Mitigate risk with construction site monitoring

Construction Dive

Visual documentation and remote surveillance could be the key to reducing theft, vandalism and safety issues

How builder's risk coverage can protect buildings under construction

Construction Dive

Every business, small or large, that embarks on a construction project needs builder's risk insurance because it typically covers things that property and liability policies don't, legal experts say

Construction Risk Management Boosts Profits

Construction Informer

The post Construction Risk Management Boosts Profits appeared first on Construction Informer Blog - Construction Blog with Information, News, and Commentary. Construction Management construction risksGoogle+.

Risk 40

What are the biggest risks for construction companies?

Construction Dive

With the U.S. in one of the longest recoveries in history, contractors must be especially vigilant not to run out of cash, as they are three times more likely to fail in an upswing than in a downturn, said a FMI Corp. analyst

Risk 101

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.

How maintaining warehouse floors can reduce the risk of accidents

Construction Marketing Blog

We might not consider it, but the underfoot conditions for this army of warehouse workers poses a big risk in many ways. The post How maintaining warehouse floors can reduce the risk of accidents appeared first on Construction Marketing Association Blog. Unemployment has dropped to below 5%, with positive employment figures showing that the economy added more than 230,000 new jobs in February. Yet, there has been much debate and concern over the state of industries – so how come?

The Dotted Line: Mitigating the risk of unforeseen site conditions

Construction Dive

If a contractor signs a contract stating it's responsible for all conditions before doing its due diligence on site conditions, a contract expert said, it should anticipate schedule-killing litigation

DOT 105

Job Order Contracting - Untitled Article

Job Order Contracting

Mitigate Construction Procurement and Project Delivery Variance and Risk. Achieve agreed outcomes on the basis of mutual trust and respect, sharing risk and rewards, financial transparency, and long term mutually beneficial relationships.

IRMI’s 38th Construction Risk Conference

Construction Business Owner

IRMI’s 38th Construction Risk Conference boosted awareness on trends and new issues in the industry. Read more here

SEC Assessment of Climate Change Risks Still Mandated

Green Building Law Update

that it closed its investigation into whether the company had misled investors about the risks that climate change posed to its business.

Risk 130

New Workers Most at Risk for Injury: Study

Construction Equipment

Nearly half of the construction workers in Tennessee who were injured over a recent two-year period had been on the job less than a year, according to a case study report from the Center for Construction Research and Training (CPWR). The Construction Industry Research and Policy Center (CIRPC) at

Southern California Legacy: Tunneling Expert Cuts Through Seismic Risk

ENR Construction

Bill Hansmire embraces the challenges and risks of underground construction

Risk 58