In December 2008, the subprime crisis of the U.S. economy caused the construction sector to shrink at its fastest pace in recorded history. Credit markets froze causing subcontractors to go under, cost overruns spiked due … about How to Assess Risks for Project Managers
Risk Management
Make Good Time: How to Create a Proactive Project Schedule
You're not at your best when you're stressed. Your heart pounds, your breathing quickens and your forehead sweats. In fact, your body has evolved and perfected itself over millennia to do so. Your brain releases … about Make Good Time: How to Create a Proactive Project Schedule
5 Ways to Get Proactive About Lessons Learned at the End of the Project
When you don't harness the knowledge gained from construction projects, you miss out on important insights related to project success. But perhaps more damaging, you miss out on insights that you can use to drastically … about 5 Ways to Get Proactive About Lessons Learned at the End of the Project
Top 4 Construction Contract Provisions to be Negotiated with the Owner
Construction contracts are complicated documents that try to balance the needs of many different parties involved in a project. Contractors face much uncertainty when delivering on their contract responsibilities, so it’s important to design contracts … about Top 4 Construction Contract Provisions to be Negotiated with the Owner
Reduce Risk and Fee Erosion with a Collaborative Construction Platform
Construction is a very risky, low-margin business, with the potential for a lot of stress. So why, you may ask, do people go into construction management? As best as I can tell, it’s because we … about Reduce Risk and Fee Erosion with a Collaborative Construction Platform
Contractors Beware of New Insurance Coverage Issues
More than ever, contractors today need to have a good understanding of what risks they can insure and what risks they can’t.
