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Risk Management

Strategies to Mitigate the Challenges of Wood-Frame Builder’s Risk Insurance

October 12, 2023 by Greg Tobias

Projects built with wood pose increased risk, and it is becoming increasingly important in today’s insurance market that contractors understand the landscape and what they can do to temper the ever-increasing cost. Wood frame construction … about Strategies to Mitigate the Challenges of Wood-Frame Builder’s Risk Insurance

Categories: Cover Stories, Featured, United States Tags: Procore Risk Advisors, Risk Management, Wood Frame Construction

Optimizing Data to Create a Strong Safety Culture and Earn Superior Insurance Outcomes

August 23, 2023 by Anthony Dietz

High-caliber, competitive contractors have made strategic investments that help distinguish them as reliable and valuable partners. Among those investments is technology. Of course, contractors who have made this investment are already aware of the obvious … about Optimizing Data to Create a Strong Safety Culture and Earn Superior Insurance Outcomes

Categories: Cover Stories, Featured, United States Tags: Procore Risk Advisors, Risk Management

Why you Need to Quantify the Risks Hiding in your Project Management System

September 29, 2022 by Sara Weiss

Every day, every modern construction business collects data, but how effectively are they using it? Hidden in those daily logs, RFIs, and observations are indicators of risk both small and large — but without a … about Why you Need to Quantify the Risks Hiding in your Project Management System

Categories: Cover Stories, Featured, Technology, United States Tags: project management software, Risk Management

How Owners Are Overcoming Their Biggest Challenges

July 14, 2022 by Cassandra Gibson

The pandemic exacerbated a number of familiar construction industry challenges and introduced new ones. While the construction industry might be past the crisis phase when work came to a halt, many of the challenges that … about How Owners Are Overcoming Their Biggest Challenges

Categories: Business, Featured, United States, World Tags: Construction Financials, Developer, Labor Shortage, Owner, Project Management, Risk Management, Supply Chain

Rule Number One as an Exec Overseeing Capital Projects: No Surprises

June 28, 2022 by Ken Blakeley

Every construction project involves risk, and managing that risk while protecting a company’s profit margins, reputation, and people is just one of a CFO’s many responsibilities. In order to ensure a company doesn’t bite off … about Rule Number One as an Exec Overseeing Capital Projects: No Surprises

Categories: Business, Featured, United States, World Tags: CFO, Collaboration, Construction Financials, Contractor Financing, Financial Management, Project Management, Risk Management, Thought Leadership

Nine Strategies for a Safer Construction Business

April 24, 2022 by Duane Craig

There is plenty of talk about safety in construction. While many safety efforts aim to reduce costs, people are also discussing the greater benefit of reducing pain and suffering.

Categories: Featured, Safety, United States, World Tags: construction safety, Risk Management, safety managers, Worker Safety

The Biggest Construction Risks to Watch for in 2022 and How to Minimize Their Impact

March 7, 2022 by Duane Craig

Every year, the dynamics of running a construction business change. The economic and political winds shift, new technologies arise, partners come and go, and clients face new demands and opportunities. This causes business and project … about The Biggest Construction Risks to Watch for in 2022 and How to Minimize Their Impact

Categories: Featured, United States Tags: Risk Management

Top Ways to Build Weather into Your Estimates

September 6, 2021 by Duane Craig

Since 1998 average temperatures have exceeded the historical average, still when the cold strikes it comes with steeper temperature drops. All construction estimates rely somewhat on historical information. When it comes to the weather, though, … about Top Ways to Build Weather into Your Estimates

Categories: Business, Featured, United States Tags: Risk Management

Key Steps Construction Companies Can Take to Manage Impacts of Climate Change

September 1, 2021 by Grant Cameron

The Canadian Construction Association (CCA) has released a guide to help project owners, designers, and contractors better equip themselves to understand and manage climate impacts now and in the future.

Categories: Business, Canada, World Tags: Climate Change, Risk Management

A Builders Guide to Navigating Fallout from Disaster

August 10, 2021 by Willow Aliento

Building is challenging at the best of times, so how do you follow an early start to a devastating fire season and the country’s hottest and driest years on record? Find out here.

Categories: Australia, Cover Stories, Featured, More, World Tags: Risk Management

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