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

Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. This includes analyzing factors such as zoning regulations, transportation access, and market demand.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Practices For Growth-Focused Land Development Businesses

CCR Magazine

Growth-focused land development companies set out to create a successful landscape. The practices of planning for success and community engagement serve as a guide to navigating the complex maze of property development. Conduct market research Expertise is indeed power in the field of land development.

article thumbnail

Why is it Important to Have Your Lift Serviced on a Regular Basis

UK Construction Blog

If you have a lift in your premises you have a responsibility to make sure that it is always safe to use. Occasionally, extra preventative maintenance might be wise and essential to ensure peak performance while reducing the risk of downtime. What is lift servicing?

Lifts 62
article thumbnail

Do You Need A Licence To Operate An Excavator?

CCR Magazine

Perhaps you have been offered a job using an excavator and want to know what licence you will need? Excavators are typically used for construction projects, like mining, digging trenches, or demolition. But that doesn’t mean anyone can use one! It’s worth noting that you might still require a high-risk work licence, HRWL.

article thumbnail

Retainage in Construction: Security Measure for Owners, But What for Contractors?

Buildern

The construction industry is a risk-intensive business, where owners have to make sure that their investment is secure while contractors are trying to maximize their profit margins. From an owner’s perspective, retainage in construction serves as a form of security against potential risks such as contractor default or incomplete work.

article thumbnail

Things to Consider When Starting a Construction Project

PN - Project Management

Whether you are simply looking at building a new house or renovating your current home, or embarking on a more ambitious project like developing property to sell or lease, or perhaps a new venture to expand your business, no matter the scale of the construction project good planning before starting the project is essential.