Construction’s “No-Win”

Construction’s “No-Win”

Construction’s “No-Win” Risk Management/Transfer     A survey of 125 construction owners by Engineering News Recordfound that only half would hire the same construction firm again, a third of all projects were over budget, nearly half were completed late, and 13% were...
Risk Minimization

Risk Minimization

Risk Minimization (Part 2)   In last week’s blog, Construction’s No-Win, research data led us to the conclusion that risk cannot be effectively transferred in contract negotiations and that only highly competent contractors can manage risk for all stakeholders. “Risk...