Remove Cost Control Remove Risk Management Remove Webinar
article thumbnail

Risk Management Reimagined: Bringing Innovation to Construction Insurance

Procore

But with the emergence of platform technology, and the data that comes with it, businesses are now able to better track and understand their risk profiles—making the industry ripe for innovation. But let’s say there was minimal visibility into how one person’s risk data compared to another. That’s $1.5M

article thumbnail

Data Scientists Reveal 5 Surprising Construction Insights to Manage RiskĀ 

Autodesk Construction Cloud

And with good reason: the right insights can improve everything from project cost and timeline accuracy to reducing the risk of lawsuits and disputes, and even winning more business. Or implementing new safety training to mitigate worker injury risk You can then use that knowledge to anticipate and better manage risk for future jobs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Smart Watching Your Project Lead Indicators

Wrench

Much like a smartwatch serves as a personal health companion that offers real-time insights and encourages proactive well-being, a digital project management information system acts as a vigilant overseer of project progress. Let’s explore the analogy further.

article thumbnail

Monitoring & Controlling Lag and Lead Indicators with Digital PMIS

Wrench

Lead indicators offer early insights and predictive measures and empower project managers to proactively navigate potential challenges, optimize resources, and mitigate risks before they crystallize. These indicators help project managers and stakeholders understand how well the project has performed in the past.

article thumbnail

Free Construction Courses | Building Your Skills in 2023

UK Construction Blog

Enhance your expertise with free certifications, webinars, video tutorials, podcasts & networking groups. From construction safety to project management, these courses cover the fundamental aspects of the industry. Quality Licence Scheme offers UK government backed quality assurance for non-regulated sector courses.

article thumbnail

Embracing the Power of 3D Takeoff in Preconstruction

Procore

Quantity Takeoff Software: The Key to Faster, More Accurate Estimates Quantity takeoff software has emerged as an invaluable resource for construction by streamlining the process of generating estimates on construction materials and labor costs. To address these concerns, industry leaders have developed a robust a quality control process: 1.

article thumbnail

These 5 essential traits in your team are the secret to a successful construction project

Field Wire

In the report ā€œTrust Matters: The High Cost of Low Trust,ā€ more than 2,500 industry professionals globally and found that the cost of trust in construction ā€” internally and externally ā€” generates more employee engagement , value collaboration and build stronger relationships. Will it help make the processes efficient?