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Construction Risk Management

Civil Engineer Blog

Risk Management Construction professionals need to know how to balance the contingencies of risk with their specific contractual, financial, operational and organizational requirements. In order to achieve this balance, proper risk identification and risk analysis is required.

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Construction Risks Analysis and Management

Civil Engineer Blog

Analyze and manage risks in construction is very important for project management. This help to avoid or limit risks in construction projects. The construction risks can be broadly grouped under the following categories: Technical Risks * Incomplete design. Inadequate site investigation.

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The advantages of using PRINCE2 in Risk Management

Civil Engineer Blog

What is a risk? Indeed the Oxford Dictionary describes risk as “a situation involving exposure to danger”. If you were to ask 10 people this question I would wager that at least half of them would refer to threats or negative possibilities.

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How GRC Manages Risk in Financial Operations

CCR Magazine

Managing financial operations in a world defined by rapid change and increasing complexity requires more than just traditional approaches. Governance, Risk, and Compliance (GRC) frameworks have emerged as an indispensable tool for organizations striving to navigate regulatory demands, mitigate risks, and secure their financial future.

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What is ‘Contingency’ in Construction Budgeting: Managing Uncertainty and Risk

Building Radar

For more insights into construction budgeting strategies, you might want to check out Buildertrend’s blog on construction contingencies. A well-calculated contingency helps mitigate these risks, providing a buffer that allows the project to stay on track financially.

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Why document control and risk management are important for Architects

iField Smart

Document control and risk management are two essential aspects of any architectural project, and their importance cannot be overstated. To achieve this, architects must ensure that they have proper document control and risk management in place throughout the entire design and construction process.

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What is ‘Construction Management at Risk (CMAR)’: Understanding the CMAR Delivery Method

Building Radar

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?