Risk: Construction's 4 Letter Word
With complex and dynamic project environments creating an atmosphere of uncertainty, the Construction industry has always been prone to risks. Meanwhile, successful project performance is contingent upon the ability to manage and mitigate these risks. For owners in particular, it is essential to prevent a number of primary risks including schedule delays, going over budget, legal litigation and poor building performance.
Matt Bohan, a Program Manager with over a decade of construction management experience, will demonstrate how to effectively manage these risks with the following:
• Have all of your data and documents across projects stored in a centralized location with easy accessibility anywhere, anytime and on any device.
• Define standardized workflows and processes to help accelerate and reduce errors in design reviews, submittals, quality assurance and payments.
• Just in time reporting and dashboards from budget, progress, and cost data to identify, analyze, and take corrective courses as needed.
• Have a historical projects database with schedule, budget, payment, RFI, and change order information to help you plan and prevent risk for similar future projects.