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Why Automated Processes in Construction Lending are Key to Risk Management

Rabbet

banks analyzed have insufficient risk management processes. Banks and lending institutions are under pressure to improve their risk management processes, whether that’s protecting data from a global outage or mitigating employee errors. These disjointed tools do not provide real-time portfolio visibility.

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Reveal’s model of proactive subsurface risk management

Roads Online

Reveal’s team compiled information from various sources, including road corridor managers and utility providers to ensure the data was up to date. Following the desktop study, Reveal performed a Ground Penetrating Radar (GPR) survey. This foundational model was built on accurate readily available information.

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DCWC: The experts in risk management

Roads Online

According to Chung, these challenges are often compounded by companies who have inadequate governance and risk assessment processes. Managing these relationships, coordinating activities and addressing potential conflicts or delays can be challenging. DCWC has been a trusted advisor for decades,” Chung says.

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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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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

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.

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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.