Roads Online

JUNE 15, 2023

Economic conditions are obviously a major one, economic downturns, recessions and changes in government policy can all impact the profitability of the construction industry. According to Chung, these challenges are often compounded by companies who have inadequate governance and risk assessment processes.

Risk Management 77

Risk Management Project Management Consulting Project Management Change Management 77

Building Radar

SEPTEMBER 11, 2024

These unforeseen expenses can include anything from unexpected site conditions to design changes, material price increases, or delays caused by weather. A well-calculated contingency helps mitigate these risks, providing a buffer that allows the project to stay on track financially.

Risk Management 52

Risk Management Budgeting Construction Management Project Management 52

Viewpoint Construction Technology

MAY 1, 2018

How Can Contractors Manage Risk? Risk itself, especially risk caused by large economic forces, isn’t usually something individual businesses can control. That being said, the best way to manage risk in the construction industry is to have a solid game plan. Which External Factors Should Companies Follow?

Risk Management 83

Risk Management Change Management Construction Management Cost Control 83

Rabbet

JULY 25, 2024

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.

Real Estate Development 52

Real Estate Development Risk Management Project Management Change Management 52

Civil + Structural Engineer

OCTOBER 4, 2024

Understanding new levels of risk and mitigation. AI’s influence on risk management is profound. On one hand, AI can enhance risk assessment by analyzing vast datasets to predict potential issues before they arise. AEC leaders must develop a keen understanding of these new risks and how to mitigate them.

Risk Management 264

Risk Management Project Management Consulting Change Management Stakeholder Engagement 264

Construction Placements

JUNE 9, 2023

Climate Risk Management and Sustainability: Redefining the Future of Business and Construction In our comprehensive guide, we delve into the critical elements of climate risk management and sustainability. From risks and opportunities to practical strategies, we've got everything you need to know.

Risk Management 98

Risk Management Construction Management Sustainability Change Management 98

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them.

Risk Management 52

Risk Management Construction Management Environmental Impact Assessment Project Management Consulting 52

Field Wire

NOVEMBER 6, 2023

Every construction project has changes that impact the original scope, cost, and schedule. To capture those changes, contractors utilize change orders that describe what has changed as well as the associated cost and schedule impact of that change.

Change Management 52

Change Management Project Management Schedule Management Risk Management 52

Rabbet

MAY 14, 2024

From grappling with a heightened focus on risk management to embracing automation, today’s industry leaders are navigating a landscape peppered with challenges and opportunities. Risk Management Takes Center Stage in 2024 For both CRE developers and lenders, 2024 magnified the focus on risk management.

Risk Management 52

Risk Management Real Estate Development Construction Management Project Management 52

Building Radar

AUGUST 11, 2024

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?

Risk Management 40

Risk Management Construction Management Cost Control Project Management 40

In Eight

NOVEMBER 9, 2023

Risk abounds in our everyday life. We make decisions on how we travel, work, socialize, and even eat and sleep based on the perception of risk. Dozens, if not hundreds, of tiny decisions are made when making seemingly mundane decisions, like when to change lanes while driving to what to order at a restaurant.

Risk Management 59

Risk Management Environmental Impact Assessment Project Management Schedule Management 59

Construction Law

FEBRUARY 29, 2024

Guest Editors Roddy Cormack and Katie Percy of Dentons UK and Middle East LLP warn that the new change control regime introduced under the Building Safety Act could make allocating and managing contractual risk significantly more challenging. Long underused digital tools might provide some help.

Building Controls 52

Building Controls Change Management Risk Management Construction Management 52

CCR Magazine

DECEMBER 18, 2023

These properties, typically known as smart buildings, use advanced technologies to manage assets, resources, and services to benefit the property owner, building employees, and customers. Why Adopt Advanced Technologies in Facilities Management? How Is Robotic Process Automation Used In Facilities Management?

Facility Management 52

Facility Management Change Management Building Information Modeling (BIM) Building Automation 52

Civil + Structural Engineer

NOVEMBER 4, 2024

The new water management standard enforces Mandatory Water Systems Management Plans, Active Automatic Flow Monitoring Shutoff (AAFMS), and coverage for temporary and permanent water systems. Equally, many insurers will require compliance with JCoP guidelines to provide coverage.

Construction Management 130

Construction Management Fire Protection Systems Insurance Management Building Code Compliance 130

Buildern

MAY 24, 2023

From crafting schedules and allocating budgets to nurturing a proficient workforce through comprehensive construction risk management training and drafting a symphony of contracts—the journey of a construction project is a tapestry woven with multifaceted administrative intricacies.

Risk Management 52

Risk Management Construction Management Project Management Insurance Management 52

Civil + Structural Engineer

JUNE 28, 2024

The partnership combines WINT’s industry-leading AI-based water management solutions with HSB’s unique expertise in IoT technology and OEM uptime warranty solutions to provide businesses with an ultimate solution to protect from water leak damage. Water leaks are a major point of pain across the real estate and construction industry.

Insurance Management 261

Insurance Management Real Estate Development Risk Management Facility Management 261

Civil + Structural Engineer

OCTOBER 25, 2024

By Looq AI Addressing the Challenges of Utility Vegetation Management Managing vegetation around America’s electric transmission and distribution infrastructure is crucial for ensuring uninterrupted power delivery. This funding underscores the importance of cutting-edge technology in enhancing vegetation management.

Risk Management 202

Risk Management Cost Control Electrical Systems Schedule Management 202

Procore

MARCH 21, 2023

It feels like the world is changing, and changing fast. It’s probably hard to imagine that in the midst of all this innovation, some things haven’t changed much—if at all. But let’s say there was minimal visibility into how one person’s risk data compared to another.

Insurance Management 52

Insurance Management Risk Management Construction Management Project Management 52

Civil + Structural Engineer

SEPTEMBER 5, 2023

Owners building complex industrial projects face a wide range of risks in delivering their projects as quickly and as cost-effectively as possible. For owners facing this scenario, integrated services like the Engineering, Procurement, and Construction Management (EPCM) delivery method may be the best option for your project.

Project Management Consulting 246

Project Management Consulting Risk Management Schedule Management Project Management 246

Autodesk Construction Cloud

MAY 9, 2022

??Risk management has always been an essential element for success in construction, but things have certainly reached a whole new level in recent years. Needless to say, learning to manage risk amidst uncertainty might be more important than ever before. . We discuss: Their opinion on today’s biggest areas of risk.

Risk Management 80

Risk Management Integrated Project Delivery (IPD) Project Management Building Optimization 80

Autodesk Construction Cloud

FEBRUARY 5, 2022

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Regardless, a solid risk management strategy is critical to the security of your company and project.

Risk Management 59

Risk Management Construction Management Schedule Management Project Management 59

Autodesk Construction Cloud

NOVEMBER 12, 2021

However, it is also common for architecture and engineering, as well as general contracting firms, to struggle with precise and timely communication of changes. An uncommunicated change in the design phase can cause several weeks’ delay resulting in thousands of dollars wasted. Change management with the Change Analysis tool.

Change Management 52

Change Management Building Information Modeling (BIM) Collaboration Project Management 52

Civil + Structural Engineer

APRIL 24, 2023

Kilnoski will serve as program manager for the firm’s work as part of the Advancing Resilience in Communities Joint Venture (ARC JV) supporting FEMA’s efforts to reduce flood risk for the East Coast and Great Lakes regions through the National Flood Insurance Program. Freese and Nichols, Inc. ,

Insurance Management 246

Insurance Management Mapping Risk Management Change Management 246

Civil + Structural Engineer

JUNE 28, 2024

By Victoria Salvador Project management in the architecture, engineering, construction, and owner/operator industry is part art, part science. Over time, technological change, labor shortages and the increasing complexity of projects have reshaped the role. However, you can only be as effective as the tools your organization provides.

Project Management 130

Project Management Building Information Modeling (BIM) Stakeholder Engagement Change Management 130

Civil + Structural Engineer

FEBRUARY 6, 2024

One of these projects is the Union Beach New Jersey Coastal Storm Risk Management Project. Project Location Map for the Union Beach, New Jersey Coastal Storm Risk Management Project. David Gentile, project manager, New York District, U.S. The Borough of Union Beach is a bayside community of 1.8 Credit: USACE.

Risk Management 264

Risk Management Project Management Fire Protection Systems Building Performance Measurement 264

Construction Law

JULY 7, 2021

More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. It is poor risk management, unsuited to the increasingly sophisticated commercial world that contractors have to inhabit. Nick Barrett.

Risk Management 52

Risk Management Contracts Schedule Management Government Works 52

Construction Enquirer

JULY 5, 2023

Standards body BSI haslaunched a new whitepaper on how to minimise risks in infrastructure projects. Experts suggest that a better approach to scope development and managing risk and contractual change could save up to £25bn a year on projects.

Project Management Consulting 205

Project Management Consulting Infrastructure Development Risk Management Procurement 205

Civil + Structural Engineer

SEPTEMBER 25, 2023

announces the City of Norfolk has selected Norfolk Resilience Partners, a joint venture among AECOM, Moffatt & Nichol, and Volkert, to provide program and project management services in support of its $2.6B Coastal Storm Risk Management (CSRM) Program. Norfolk, Virginia — Volkert, Inc. In collaboration with the U.S.

Project Management 130

Project Management Risk Management Building Resilience Change Management 130

Civil + Structural Engineer

MAY 17, 2024

will focus on the connection between technology adoption in construction and reducing the cost of risk. Innovative real-world technology is providing powerful, proven solutions for mitigating risk in construction, including the rising risk and exposure related to water damage,” Ghanbarian said.

Insurance Management 130

Insurance Management Risk Management Facility Management Construction Management 130

Rabbet

JULY 30, 2024

Managing risk isn’t easy when you’re relying on a spreadsheet. Risk in the CRE industry has dramatically increased over the past few years, yet processes have not evolved to mitigate the growing exposure. When a contract goes bust, the real issue isn’t time management or attention to detail.

Real Estate Development 52

Real Estate Development Risk Management Change Management Project Management 52

Civil + Structural Engineer

OCTOBER 2, 2023

By Steve Smith , EVP of Infrastructure at Graham Construction and Catie Williams, VP of Product Development at InEight A volatile risk climate worsened by ongoing reverberations from COVID-19, geopolitical conflict, and severe weather events is reshaping the traditional relationship between owners and contractors. Construction 4.0

Integrated Project Delivery (IPD) 147

Integrated Project Delivery (IPD) Landscaping Risk Management Cost Control 147

Civil + Structural Engineer

SEPTEMBER 9, 2024

By Garrett Harley, Product Marketing Director, Oracle Construction & Engineering As the world pivots into a new, AI-powered future, many industries are changing rapidly to accommodate new tools and new capabilities. It is inclusive of all team members, and unites the critical path (in the CPM schedule) with field task and risk management.

Schedule Management 145

Schedule Management Risk Management Project Management Quality Control 145

Civil + Structural Engineer

SEPTEMBER 9, 2024

Let’s explore how advanced information management platforms are revolutionizing digital twins. Unlike twins in manufacturing or aerospace, AECO twins account for changing occupancy patterns and evolving urban contexts. It’s not enough to simply have a digital twin—the real value lies in how we use the information they provide.

Building Information Modeling (BIM) 147

Building Information Modeling (BIM) Foundation Systems Change Management Project Management 147

Construction Dive

AUGUST 22, 2018

Companies that believe "great change is imminent" are six times more likely to innovate, an AGC study titled "Managing Risk in the Digital Age" found.

Risk Management 335

Risk Management Change Management 335

Procore

SEPTEMBER 12, 2023

Risk Data Uncovered: How Technology is Transforming Risk Management in Construction , produced in partnership with Frost & Sullivan, provides compelling data that underscores the value of tech-enabled practices in reducing risks and protecting your most critical assets: your people. Ready to Dive Deeper?

Insurance Management 119

Insurance Management Risk Management Construction Management Change Management 119

Civil + Structural Engineer

NOVEMBER 21, 2024

Toll Brothers is acting as managing member and development lead for the project, overseeing approvals, design, construction, and sales. Bank OZK is delighted to finance another project for a quality sponsor like Toll Brothers and its partner Daiwa House,” said Dave Sarner, Managing Director of Originations at Bank OZK.

Real Estate Development 130

Real Estate Development Land Use Regulations Risk Management Building Materials Manufacturing 130

Autodesk Construction Cloud

JULY 16, 2021

But every day on construction sites, teams are coordinating hundreds of subcontractors, managing thousands of open issues, and navigating constant onsite changes. As construction projects continue to grow in complexity, teams need the right insights to minimize risk and improve quality and safety initiatives. . Dashboards.

Risk Management 52

Risk Management Project Management Construction Management Schedule Management 52