Big capital projects are inherently risky. In addition to the significant investment at stake, organizations also put their reputations on the line when they take on a major, multi-year, ...

Risk management is a method of controlling the uncertainties in a project, that is, anything that may stop the project from achieving its goals. The aim of risk management is to minimize uncertainties ...

Risk management within construction has always been a moving target. Today's projects demand proactive strategies due to ...

Despite the challenges, the future of construction holds tremendous promise. New technologies, sustainable practices and smarter risk management are driving greater efficiency, safety and value.

Globally, many developers and contractors are scrambling to identify available contractual relief as the Coronavirus (COVID-19) disrupts cross-border supply chains. US businesses will recall a similar ...

A reactive project manager tries to resolve issues when they occur. A proactive project manager tries to resolve problems before they occur. Here’s a process you can use to identify risks before they ...

Project management is a central process in businesses, used to oversee and strategically control specific endeavors. It takes time and money to manage a project, and the results of project management ...

A safety professional must consider the levels of understanding to risk when working with sites or individuals. We are walking lessons learned, and that is our advantage. Risk is not a new concept. In ...

Risk is a powerful motivator. Failure to properly manage risk can result in unprecedented professional and personal loss — from increased customer turnover and lost business partners, to heavy legal ...

To understand why the results differ from Standish, I asked Blaize Horner Reich, one of the authors, to explain. Blaize sent me unpublished material describing differences between her group's ...