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The SHRP 2 Project R09 Managing Risk in Rapid Renewal Projects produced an Excel template to help managers quantify risks and provide guidance on the level of risk management needed. It presents a ...
The plan should include all forms of construction contingencies required for the project. Typically, a construction contingency account is set aside for 5% to 10% of the total building expenditure.
A project management plan is a set of documents that outline the how, when and what-ifs of a project’s execution. It overviews the project’s value proposition, execution steps, resources ...
Most of the pitfalls of high-rise construction fall into 13 main categories. While all construction projects involve risk, building a high-rise comes with a specific set of challenges. Due to the ...
Builder’s risk insurance protects property and materials during a construction or renovation project. It can pay out in case of fire, vandalism or other unexpected events.
From optimizing construction project scheduling to optimizing resource allocation, helping with risk management and predicting things like potential delays, cost overruns, resourcing bottlenecks ...
Purdue University’s 100% online Master of Science in Construction Management (MSCM) is designed to prepare professionals for leadership roles in the construction industry. This program offers a unique ...