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Procurement Risk Management in Construction Projects: Strategies and Tools

Building Radar

Procurement risk management is a critical aspect of construction project management, ensuring that projects are completed on time, within budget, and to the required quality standards. Effective risk management strategies can help mitigate potential issues that may arise during the procurement process.

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From Excel Overload to Automation: Enhancing Risk Management in Real Estate Development

Rabbet

For development managers, that means tracking project costs in real time and easily dealing with change orders or other unforeseen issues. For development managers, that means tracking project costs in real time and easily dealing with change orders or other unforeseen issues.

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California Engineering Contractors (CEC) Adopts Industry-First Schedule Risk Analysis Tool from Planera to Manage Complex Projects

Civil + Structural Engineer

CEC, which has managed some of California’s largest projects, including the restoration of the San Francisco/Oakland Bay Bridge and the BART Transbay Tube Retrofit project, will leverage the tool to help build, analyze, and optimize project schedules to streamline execution and increase profitability.

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DCWC: The experts in risk management

Roads Online

Donald Cant Watts Corke Director for Infrastructure, Leslie Chung, sheds light on simplifying and reducing impacts caused by contractor insolvencies and project budget inadequacies. According to Chung, these challenges are often compounded by companies who have inadequate governance and risk assessment processes.

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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?

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Commercial Pool Construction: Planning and Budgeting

CCR Magazine

Building a commercial pool is a significant investment that requires careful planning and budgeting. From site preparation to ongoing maintenance, every aspect of commercial pool construction demands careful attention to detail and strategic financial management. What Are the Key Considerations for a Successful Commercial Pool Project?

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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.