Construction Business Owner

OCTOBER 29, 2020

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. risk management. How will we use this information? Greg Ragsdale. Main Image.

Risk 157

Risk Virgin Islands Contractors Puerto Rico 157

Construction Law

APRIL 2, 2024

Our regular expert insurance market commentary from John D Wright of JD Risk Associates looks at the available design and build risk cover available. Expect greater information requirements from underwriters in the wake of Grenfell before cover is provided, he warns.

Risk 52

Risk Design Insurance Construction 52

Green Building Law Update

MARCH 8, 2020

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.

Legal 256

Legal Risk Claims Sustainability 256

Building Radar

SEPTEMBER 11, 2024

A well-calculated contingency helps mitigate these risks, providing a buffer that allows the project to stay on track financially. For large capital projects, understanding the role of risk, uncertainty, and contingency is crucial, as outlined in Linesight’s insights.

Budgeting 52

Budgeting Budget Risk Management 52

Building Radar

AUGUST 6, 2024

Procurement risk management is a critical aspect of construction project management, ensuring that projects are completed on time, within budget, and to the required quality standards. Effective risk management strategies can help mitigate potential issues that may arise during the procurement process.

Procurement 52

Procurement Risk Management Construction 52

Safety Services Company

NOVEMBER 9, 2023

However, the industry is exposed to many risks that can significantly impair operations, the environment, and the safety of people. Consequently, risk management is crucial to identify and mitigate damages while guaranteeing the safety of workers, the general public, and the environment.

Risk 89

Risk Management Safety Accidents 89

Building Radar

AUGUST 22, 2024

Construction projects, by their very nature, involve a significant degree of risk. Understanding these risks and knowing how to mitigate them is crucial for anyone involved in construction, whether you’re a contractor, developer, or project manager. Common Construction Liability Issues 1. Documentation is also key.

Liability 52

Liability Risk Legal Construction 52

Lets Build

FEBRUARY 2, 2022

A report commissioned by the University of Cambridge’s Centre for Digital Built Britain (CDBB) and prepared by KPMG focused on the value of Information Management within construction and infrastructure sectors. VolkerWessels UK participation in the value of information management in construction report. Improved performance.

Management 148

Management Construction Airports Estimating 148

Construction Marketing

AUGUST 29, 2024

Develop Recovery Strategies and Action Plans After identifying risks and critical business functions, the next step is to create effective recovery strategies. This ensures critical information is preserved and can be quickly restored if needed. Rank risks: Determine the likelihood of each risk occurring and its potential impact.

Plans 174

Plans Risk Organization Resource 174

Construction Business Owner

JUNE 26, 2018

Information is the essential core of every commercial construction project. From the initial stages of a project through to its conclusion, having the correct information at every step is the best way to ensure you will not face costly delays and errors.

Risk 150

Risk Project Management Management Budget 150

Construction Marketing

MARCH 15, 2021

Though this may sound like any other call, few calls have the hand-offs and information transfers needed to make this happen. Said customer then has to wait for you to find their information—equipment, warranty information, and the like. What’s more likely is this: You didn’t have the right information at the right time.

Risk 156

Risk Inventory Equipment Schedule 156

Viewpoint Construction Technology

AUGUST 18, 2017

Good information leads to good decisions. The right integrated business software solution can provide you with that information and minimize your risk on a daily basis. This is information a construction business owner who has hired that subcontractor needs to know. Don’t take risks with your company.

Software 130

Software Software Risk Insurance 130

Viewpoint Construction Technology

MAY 1, 2018

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. Which External Factors Should Companies Follow?

Risk 208

Risk Plans Management Construction 208

Construction Specifier

FEBRUARY 9, 2024

Whether the motivation is building code compliance, building protection and performance, or insurance premium reductions, it is necessary for facility owners and managers to address flood risk and determine how to protect their facilities. Zones B, C, and X are areas of low to moderate flood risk. Zone A has a high risk of flooding.

Risk 64

Risk Zoning Insurance Renovating 64

Construction Business Owner

FEBRUARY 26, 2014

Most people would probably agree that more information is always better, particularly as it relates to understanding complex scenarios and making tough financial decisions.

Profitability 199

Profitability Risk Commercial Industrial 199

Construction Law

AUGUST 29, 2024

The Construction Leadership Council (CLC) has published guidance on the golden thread of information requirements for higher-risk buildings. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Risk 40

Risk Accounting News Site 40

Autodesk Construction Cloud

FEBRUARY 5, 2022

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Before you start panicking about the 90 plus risks on the list you’re probably not completely aware of at this moment, let’s take a step back.

Risk 59

Risk Management Construction Documentation 59

The Constructor

SEPTEMBER 21, 2023

Construction sites are inherently hazardous workplace environments, with potential risks ranging from falling debris to dangerous machinery. Hazard communication informs workers about the safety risks and hazards associated with a construction project and provides instructions for avoiding them.

Construction 196

Construction Risk Environment Safety 196

Autodesk Construction Cloud

SEPTEMBER 19, 2023

It eliminates barriers to collaboration by supporting a wide variety of file types, including 3D and 2D formats, Microsoft 365 files, and even Point Cloud information. This makes Autodesk Docs a flexible tool for generating the Golden Thread of information crucial to project success.

Autodesk 80

Autodesk Construction Safety Regulation 80

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them.

Risk 52

Risk Management Contractors Construction 52

Autodesk Construction Cloud

SEPTEMBER 13, 2022

So how can companies optimize for their bottom line without putting their businesses at risk? . Firms that want to stay both competitive and resilient in an evolving economic landscape need a strong risk management strategy – yet this is easier said than done. Risk management is a multifaceted challenge.

Autodesk 105

Autodesk Risk Industrial Construction 105

Pro Builder

SEPTEMBER 13, 2022

Does Access to Flood-Risk Data Impact Homebuyer Decisions? A new Redfin survey reveals that prospective buyers are less likely to bid on homes with high flood-risk scores. million Redfin.com users, half of which had access to property-level flood-risk scores and half of which did not. after reviewing flood-risk data.

Risk 52

Risk Bidding Equipment Housing 52

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? A cyber loss involving employee and customer information can affect any business, and your construction team is no exception. Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. Business Management.

Risk 92

Risk Construction Security Bidding 92

Job Order Contracting

OCTOBER 26, 2024

This visibility is crucial for Lean construction, as it enhances cost transparency, enabling better planning, accountability, and more precise cost control.

Estimating 177

Estimating Construction Resource Regulation 177

Building Radar

AUGUST 11, 2024

Construction Management at Risk (CMAR) is a project delivery method that has become increasingly popular in the construction industry due to its unique approach to managing risk and ensuring project success. Understanding Construction Management at Risk (CMAR) What is CMAR? Learn more about this method on ProjectSight.

Risk 40

Risk Management Construction Budgeting 40

Construction Business Owner

JULY 31, 2024

mhodges Wed, 07/31/2024 - 09:19 Long-term construction profitability requires a methodical approach based on timely, accurate, and complete information. Reduced Risk: Key performance indicators help predict and avoid risks during construction projects. How will we use this information? Download this free eBook today.

Profitability 270

Profitability Virgin Islands Puerto Rico Samoa 270

Job Order Contracting

DECEMBER 12, 2017

Simply a better, more efficient wayt for working through the use of more standardized processes, information, and ongoing training. Gain better cost visibility and control, and shorten project delivery times… all while while minimizing risks and adapting to facilities management requirements. Learn more… [contact-form].

Environment 100

Environment Life Cycle Construction Renovating 100

FDR Safety

FEBRUARY 13, 2017

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. Key to learning how risk assessment and feasible risk reduction work together is to undergo experiential learning.

Risk 120

Risk Feasibility Safety Foundation 120

ENR Construction

JULY 6, 2021

Cyber risk runs deep. Is your organization making informed decisions around is cyber budget? Aon’s 2021 Cyber Security Report helps answer this question for the Construction industry.

Risk 69

Risk Budgeting Budget Security 69

Lets Build

JUNE 6, 2017

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. Types of risk in construction.

Risk 165

Risk Management Construction Legal 165

BD+C

AUGUST 14, 2023

Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.

Risk 92

Risk Construction Schedule Estimating 92

FDR Safety

OCTOBER 27, 2015

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. Risk can be reduced or traded but not eliminated.

Risk 120

Risk Feasibility OSHA Safety 120

Job Order Contracting

MAY 17, 2022

How a company assesses and plans for climate-related risks may have a significant impact on its future financial performance and investors’ return on their investment in the company. The Securities and Exchange Commission (SEC) proposal to require that public companies disclose climate-related information. Is your organization ready?

Regulation 233

Regulation Risk Equity Organization 233

Job Order Contracting

JUNE 23, 2023

Alliance construction delivery is process in which significant cost reduction, shorter project timelines, and high quality can be achieved through sharing information, making joint decisions, and sharing benefits that otherwise could not be possible via traditional methods.

Construction 205

Construction Risk 205

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect their companies. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 98

Risk Defense Organization Insurance 98

Green Building Law Update

SEPTEMBER 9, 2018

Of course, there is no single or even widely accepted definition of ESG and some have suggested that any analysis of environmental, social and governance information about a company is so broad and fungible that it could include almost any corporate excellence.

Risk 174

Risk Green Sustainability Maine 174

Carol Hagen

APRIL 9, 2014

How you manage your digital documents will determine your success in project management, effective communication, risk management and productivity. Without a strategic plan and integrated solutions to document workflow you are highly susceptible to Information Chaos.

Industrial 111

Industrial Documentation Construction Project Management 111