Evaluating Natural Disaster Risk In Site Selection

Business Facilities Blog

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.

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Report: $2.9 trillion worth of property at risk of flooding

Construction Dive

Forty million Americans are at risk of experiencing a flood event, two-thirds more than federal maps suggest, the report shows

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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.

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

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

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

Report: $2.9 trillion worth of property at risk from flooding

Construction Dive

Forty million Americans are at risk of experiencing a flood event, two-thirds more than federal maps suggest, the report shows

Risk 52

Green Building Data Risk as an Opportunity

Green Building Law Update

business seeking to mitigate the risk associated with data protection. Unless disclosure is prohibited by state or local law or if data is not available or is confidential, Irrespective of any other provision contained herein, the above described exchange of data shall be as an accommodation only, to the maximum extent permitted by law AS – IS without representation or warranty of any kind or type, and use of the data is at the risk of the party using it.

Risk 100

A simple way to do risk assessments

FDR Safety

Recently I’ve done dozens of Task Based Risk Assessments (TaBRA) for clients, and the experience always reinforces for me the importance of worker input and the relative speed in which an assessment can be performed. Risk assessment from the perspective of the worker began with, “I’m your kid… What part of your job has the greatest risk of injury?” The first level of risk assessment comes from the worker.

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Defining acceptable risk in LOTO or machine guarding

FDR Safety

Safety professionals concerned with safety, efficiency and compliance should have the concepts of “acceptable risk” and “feasibility” in the forefront of their thinking. In every case, the “acceptable risk” and “feasibility” of lockout/tagout or machine guarding was the central issue. and international safety standards recognize that zero risk does not exist. Risk can be reduced or traded but not eliminated.

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10 Attributes to Look for in a Risk Management Outsourcing Partner

Construction Business Owner

As anyone working in the construction industry knows, some risks are worth taking, while others simply aren’t. Your company’s risk control process should be placed within the latter group.

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Manage Safety Risk – Get a “2 Fer”

FDR Safety

If you manage for risk, you also manage for compliance. However, if you manage for compliance, you may overlook risk and hazards that result in serious or fatal injuries. Thankfully, the groundwork to manage risk within GM and our joint process had been laid.

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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+.

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HVACR at RISK: How Tariffs Would Hurt

Constructor Magazine

The list of Chinese imports includes several AHRI member products, including boilers, compressors, air conditioners, furnaces and more

Risk 68

7 Ways to Minimize Schedule and Budget Risks from Environmental Requirements

ENR Construction

Most transmission projects of any significance face risks to schedules and budgets at every step—from feasibility, siting, permitting and design to construction and operation

Building Blocks For Solid Risk Management

Construction Business Owner

Part of an effective risk management program involves monitoring the industry and economic trends that could affect your business. Cal Beyer is the director of risk management at Lakeside Industries in Issaquah, Washington.

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Reduce Litigation Risk to Major Construction Projects

Construction Business Owner

Finally, your major construction project is complete. Unfortuately, a week after completion, you receive a claim letter from the other side. Annoyed, you draft a denial. They file suit.

Emerging issues in safety: Risk assessment, sustainability

FDR Safety

The first is risk assessment. In the mid-‘90s, when I was part of the National Safety Council’s Institute for Safety through Design (now “sunset”), risk assessment was more of a concept and vision than a reality for most organizations in the U.S.

Working to Reduce the Risk

Construction Business Owner

According to industry experts at risk management and commercial insurance brokerage firm Cavignac & Associates, in 2017, most business owners will be able to negotiate flat rates and some businesses may even see rate reductions

Boosting energy efficiency helps reduce health risks

BD+C

By reducing power plant pollution, energy efficiency yields health benefits, according to research by the American Council for an Energy-Efficient Economy

Risk 58

Liability Rates Hold Steady as Risks Grow More Complex

ENR Construction

Insurers are writing more professional liability coverage for designers, with rates holding steady in the buyer’s market, says a new survey by insurance broker and risk consultant Ames & Gough

Report: Apartments trump other commercial properties on risk and returns

Construction Dive

One reason apartments have done so well is that investors in other asset classes low-bal the capital expenditures for those properties, the report said

Risk 65

10 Ways to Reduce Construction Risk with Collaboration

Building Information Management

10 Ways to Reduce Construction Risk with Collaboration. Risk is reduced by sharing information will a project participant from concept through completion. Shared risk/reward.

Risk 52

Ports And FTZs: Enter With Less Risk

Business Facilities Blog

Read Ports And FTZs: Enter With Less Risk on Business Facilities - Economic Development, Site Selection & Workforce Solutions. By the BF Staff. From the September/October 2016 Issue.

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Hurricanes Propel Forward Thinking on Risk, Resilience

ENR Construction

Risk 72

Risk on the Horizon

Construction Business Owner

Risk 75

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+.

Managing Your Third-Party Risk

Construction Equipment

Most construction companies don’t effectively transfer risk to the right parties and are not protecting themselves or other required parties according to the contract. Michael Alberico outlines four steps to effectively transfer third-party risk.

Risk 79

The Second Best Way to Mitigate Your Risk in Green Building

Green Building Law Update

The best way to mitigate risk in your green building project are properly drafted contract documents prepared by this law firm or by another attorney with green building experience. All of this works to allocate the legal risks of the green building project.

Risk 153

Calculating Risk to Protect investments

Construction Business Owner

The modern jobsite is rapidly changing. From remote-controlled machinery to augmented and virtual reality, construction business owners are leveraging technology in new ways to increase efficiency, reduce costs and make smarter decisions

Risk 69

Why Task Based Risk Assessment Is Better

FDR Safety

When I work with clients, I always use Task Based Risk Assessment (TaBRA). But the method is helpful in many situations, including: Deciding if a task that is normal, routine and repetitive to an operation and eligible for the OSHA exception to lockout is OK from a risk perspective.

Risk 130

Water Tunnel Business 'Exploding' as Technology Reduces Risk and Cost

ENR Construction

As the cost comes down for boring water tunnels without major disruption to cities, more and more of these long-lived, cost-effective projects are on the horizon for floodwater storage and pollution prevention

Risk 67

The Inside Scoop on Construction Manager at Risk Delivery Method

Wolgast Corporation Blog

By hiring a Construction Manager at Risk (CMAR) you’re getting a construction consultant on your team who handles all aspects of your building from design through warranty for a guaranteed maximum price. Construction Management Good for Business Risk Management

Risk 52

Infrastructure Grants at Risk?

Construction Equipment

Risk Allocation: What AIA's New Standard Form Agreements Say

ENR Construction

The new AIA standard form agreements take a more expansive view of risk allocation

Why P3s can be a project delivery method worth the risk

Construction Dive

When executed properly, public-private partnerships can be a win-win for those on both sides of the aisle

Risk 81

Uncertainty, Volatility And High Risk Environment As Top Challenges In 2015

Business Facilities Blog

More boards reallocating oversight duties as risk environment strains audit committee agendas. Uncertainty, Volatility And High Risk Environment As Top Challenges In 2015 appeared first on Business Facilities (BF) Magazine. Business Facilities (BF) Magazine.

Risk 56

How Bechtel Limits Risk on Possible Big Plant-Vogtle Role

ENR Construction

Task based risk assessment provides ‘voice of factory floor’

FDR Safety

When assessing the safety risks of a work task, the devil is in the details, and who knows the details better than the employees who perform the task. That is one of the guiding principles behind Task Based Risk Assessment, or TaBRA for short. It can be thought of as the “voice of the factory floor” and is a very important tool in the safety pro’s kit because it quickly and efficiently determines the risk of a particular task.

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“Sterling Risk Sentiment Index” indicates risk exposure perception remains stable in construction industry

BD+C

Construction companies remain consistent in their concern about risk exposure in 2016, with respondents reporting in a new survey that their “risk sentiment” has remained steady at 4.4 1 business risk

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