• Exploration of Risk Potential in Design-Build Construction

    Exploration of Risk Potential in Design-Build Construction

    Design-build is emerging as the preferred method of project delivery with lower costs, faster times, and better quality. It combines architectural, engineering and construction tasks under one business entity.  Contractors are able to offer a single point of contact for building and facility owners. This reduced the liability and exposure for their clients while providing…

  • Understanding Risks in the Construction Industry

    Understanding Risks in the Construction Industry

    Construction projects are unique and complex, incorporating the interest of various stakeholders and efforts of many different parties. Managing risks throughout the multiple phases is essential to successful completion. Uncertainty will negatively affect productivity, performance, quality, and budget. Implementing a systematic approach will identify and assess these risk to assist in decision-making, thereby minimizing adversity…