Risk & Insurance From data centers to LNG plants, today’s mega construction projects require sophisticated approaches to risk mitigation and transfer that bring together underwriting expertise and claims insight from the earliest stages. The scale of construction projects across North America has reached unprecedented levels. Data centers that once felt massive at $1.5 to $2… Continue reading Managing Construction Risk in the Era of the Mega-Project
Tag: Managing Construction Risk
Every Construction Project Comes With Risk, but It Can Be Managed
Karl F. Oles | Stoel Rives Here are some ideas about how contractors can manage risk through a construction contract. These ideas may be useful to owners as well. One foreseeable risk is breach. If a contractor’s work is defective, the owner may pay others to fix it. This may cause delay that affects the… Continue reading Every Construction Project Comes With Risk, but It Can Be Managed
The Power of Planning: Four Key Themes for Mitigating Risk in Construction
Zac Hays | Construction Executive Construction is, and always has been, known as a relatively risky business. Whether it is dealing with factors that can be controlled or beyond control, proactively managing risk has proven to be of the most critical factors in delivering quality projects faster, more efficiently and with wider margins. Many people… Continue reading The Power of Planning: Four Key Themes for Mitigating Risk in Construction