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The Critical Role of Utility Vegetation Management: Integrating AI and Digital Twins for Enhanced Safety and Reliability

Civil + Structural Engineer

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. A CNUC survey found that nearly a quarter of U.S. energy outages are vegetation related.

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DCWC: The experts in risk management

Roads Online

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.

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Risk Management and Efficiency Key Priorities for CRE Developers and Lenders in 2024

Rabbet

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.

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Risk Management Reimagined: Bringing Innovation to Construction Insurance

Procore

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.

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Construction Risk Management: How to Reduce Top Construction Risks

Autodesk Construction Cloud

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.

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Contracts need risk management

Construction Law

The headline news from the most recent Arcadis survey of global disputes is that the sums involved in disputes have more than doubled but the number of disputes has stayed about the same. Worryingly, some 60% of survey respondents expect the number of disputes to rise this year. Nick Barrett.

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A new risk landscape is reshaping owner-contractor relationships

Civil + Structural Engineer

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