Remove Environmental Impact Assessment Remove Information Remove Risk Management
article thumbnail

Proactive Risk Management Strategies for Oil & Gas Companies

Safety Services Company

However, the industry is exposed to many risks that can significantly impair operations, the environment, and the safety of people. Consequently, risk management is crucial to identify and mitigate damages while guaranteeing the safety of workers, the general public, and the environment.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Your Best Top-Down and Bottom-Up Approaches to Risk Management

In Eight

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. However, when determining whether and how to build a new asset, risk takes on an entire new scale , and risk models range from the macro to the micro.

article thumbnail

Construction Risk Management | Contractor Risk Management | Construction Risk Register | What Is Construction Management at Risk

CivilJungle

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.

article thumbnail

Geohazard Assessment: Essential for Safety and Development

CCR Magazine

Geohazards, such as landslides, rockfalls, and earthquakes, pose significant risks to both human life and infrastructure. For industries operating in areas prone to these natural events, assessing potential geohazards is crucial. In many cases, companies seek professional support to handle these complex assessments effectively.

article thumbnail

Smart Construction Practices: Prioritizing Flood Risk Assessment For Project Success

UK Construction Blog

The post Smart Construction Practices: Prioritizing Flood Risk Assessment For Project Success appeared first on UK Construction Blog. Among the various factors that construction projects need to consider, one of the critical is the assessment of environmental risks.

article thumbnail

How Asset Management Can Support a Secure Water Future

Civil + Structural Engineer

By John Clow, MentorAPM co-founder and COO The extreme weather risk to clean water infrastructure is up— way up. A smart way to protect and enhance those investments is with asset management, which helps utilities make risk-based decisions and derive maximum value from assets.