Risk Management

As electric vehicles are reshaping industries and accelerating innovation, the growing number of EV battery manufacturing facilities remains critical to this transformation. In 2019, two EV battery factories were operating in the United States, and another two were under construc...

Construction businesses have faced a rising tide of challenges since the pandemic. The labor shortage, worker safety threats and more have created a difficult environment for business owners to find opportunities for growth while keeping their operations running smoothly and safe...

Construction companies pitch to new clients and evaluate project proposals every day. For growing businesses, finding time, focus and a standardized process for selecting clients and projects can be challenging. Many experienced contractors streamline their decision-making by usi...

Construction disputes continue to be catastrophically expensive, with costs rising steadily. This upward trend is expected to persist into 2025, with a significant amount in the total number of disputes rising in recent years. For general contractors working alongside engineers ...

The highest-profile performers need extra security to do their jobs—and so do the buildings in which they perform. Those extra security measures are often taken before the venue is even built and carried out long after the artist has left the building. When security and construct...

Anyone connected to the construction industry understands the importance of critical-path method scheduling. CPM schedules help identify the activities required to complete a project, as well as help determine critical activities that absolutely can’t be delayed. As a contractor...

The construction landscape is changing daily, bringing new challenges for contractors—including dealing with new competition, taking on work in new markets, and navigating supply-chain issues, labor shortages and more. Companies who succeed in this competitive environment must th...

WASHINGTON, Oct. 29—The construction industry had 288,000 job openings on the last day of September, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening ...

While legal considerations are often the last thing on the minds of project owners and contractors during an emergency, construction industry stakeholders should bear in mind the impact of natural disasters on their legal rights, remedies and potential exposure to claims. For al...

In the realm of construction—where every project involves a multitude of moving parts, uncertainties and potential hazards—effective risk management is the key to preventing costly project interruptions. A well-executed site safety plan can help prevent tragic injuries. According...