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Risk Management

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Home » Topic » Risk » Risk Management

De-Risk Construction Bids

by René Morkos | Nov 17, 2021
Accounting | Business | Finance | Project Management | Risk | Risk Management

Here are five tips to help general contractors and developers bidding for big projects reduce their exposure to risk by successfully navigating this perilous process and laying the groundwork for more successful bids.

Avoiding Project Planning Disasters: How to Spot Problem Projects

by James T. Dixon | Nov 15, 2021
Business | Business Risk | Dispute Resolution | Project Delivery | Project Management | Risk | Risk Management

Contractors can evaluate potential projects to ensure that an owner’s planning failures do not become the contractor’s problems by focusing on personnel, processes and technical features.

For All of Modular Construction’s Appeal, Beware of Risks and Insurance Complications

by Kirk Chamberlain | Nov 12, 2021
Business | Insurance | Productivity | Risk | Risk Management

In modular construction, the shift from field construction to field assembly shifts the risks from defects to product liability. Fortunately, the right insurance can mitigate that risk.

When Should a General Contractor Require Subcontract Bonds?

by Dan Pope | Nov 10, 2021
Risk Management | Safety | Surety Bonding

The relatively low cost of a subcontract bond provides the opportunity for greater recovery in the event of a default, and it provides a greater certainty of a successful outcome on the overall project for the continued profitable operation of the general contractor’s enterprise.

The Emergence of Employee Vaccination Tracking in Construction

by Zach Yuzdepski | Nov 9, 2021
Departments | Risk Management | Safety

Expect various firms in the construction sector to start mandating vaccinations and require proof of vaccination as we enter late 2021. How did we get to this point? What's the state of COVID-19 in construction, and where do we go from here?

Is the Surety Industry at an Inflection Point for Paperless Construction Bonds?

by Mark McCallum | Nov 9, 2021
Risk | Risk Management | Surety Bonding | Technology

The working conditions necessitated by the COVID-19 pandemic are accelerating the surety industry’s efforts—and the interests of bond stakeholders—to move toward paperless processes and environments.

Securing Construction Sites: Common-Sense Solutions With Long-Term Impact

by Jeremy White | Oct 26, 2021
OSHA | Risk | Risk Management | Safety

Quick and inexpensive ways to keep equipment and materials on site and projects on track.

Mitigate the Crisis of Unskilled Construction Workers

by Martin Mick | Oct 19, 2021
Careers | Human Resources | Risk Management | Workforce

Here are 12 risk management best practices to mitigate potentially catastrophic liability to general contractors.
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