Risks in Construction (Top 10)

Top 10 Risks in Construction Source: Aon Global Risk Management Survey 2017   1. Economic Slowdown 2. Increasing Competition 3. Project Failure 4. Cash Flow/Liquidity 5. Commodity Prices 6. Regulatory/Legislative changes 7. Workforce shortage 8. Damage to reputation/brand 9. Third party liability 10. Failure to attract/retain top level talent

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Profiles in Risk

As we’ve noted many times before, the most important component of managing risk is to identify it. If you don’t identify risks, you have no ability to develop strategies for managing it. We have a term for that, it’s called the passive retention of risk where you are retaining a risk but haven’t identified it. […]

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