Here I will explain how to manage risks in construction projects, which can derail even the best companies, causing cost overruns and budget shortfalls, as well as compromising the quality and delay the schedule. It is therefore of utmost importance to know how to manage the difficulties and threats at any design stage.

Evaluate the physical hazards present in every project, and list them. Since each of them takes place in a different place, a different terrain and under specific conditions, it is necessary to rely on architects, environmental experts for the sector. Then determines the physical conditions of the workplace and the surrounding area, as well as the prevailing weather conditions in the area. Examine carefully the contractual arrangements in place: some of their provisions could provide for deadlines not prosecuted, standards of quality and the unrealistic Incorrect assignment of the various degrees of responsibility .

Two Builders on a Building Site, with One Man Pointing with a Walkie Talkie

Occupied forward to assign the project areas to the right intermediaries, informing you about the features and guarantees they offer contractors. To avoid making hasty decisions, make a graph that will compare three firms that seem best. In the boxes, enumerate strengths and weaknesses. Without this, you give an assessment factor to each of these in order to have a more accurate view of the degree of risk in each list item. Whatever the rating system, structured on a scale that goes from 1 (unacceptable threat) to 5 ( very elevator risk ). Then transforms the results in percentages.

Each element of conflict should be analyzed to reveal in what area may occur, such remedies can be made, and to make the right preventive measures Rely on an insurance package that provides complete protection. A good idea is to divide responsibilities among the participants. Creates action plans that include systemic processes and actions to prevent. They will also include the tactics of mitigation in case you encounter a damage Remember not to neglect the risk low-level , introducing a regular basis checklists, regular meetings on security, verification of fulfillment of contractual obligations, and the presence of insurance coverage.