Category Archives: Project Risk Management

Bidding & Estimating Insights for Heavy Construction Projects > Podcast 2 > Negotiation

This podcast is the second of a PLG series that focuses on bidding and estimating insights for heavy construction projects.  Shyam Bhatia answers our questions regarding negotiation, contracting strategy and purchasing methods for complex infrastructure projects.  Please click the MP3 file … Continue reading

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Construction Scheduling Software > Factors to Consider

Remember that construction scheduling software is a tool and it has a purpose:  to provide relevant and timely information about the status of a project, in order to drive decision-making in a dynamic format that can be shared and communicated … Continue reading

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Common Cost Control Problems on Construction Projects

Here is a list of common cost control problems found on construction projects: Improper estimates, standards and budgeting techniques. Unrealistic budgets. Activities started or completed out of sequence. Inadequate WBS (Work Breakdown Structure) or insufficient WBS detail. Lack of management … Continue reading

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NYC Construction Safety Update > Certified Site Safety

The issue of standpipe provision and maintenance on construction projects is a serious one, and one which has generated much interest during recent years by the NYC Department of Buildings, NYC FDNY and the construction industry. Continue reading

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The Role of The Owners Rep. Expands

http://newyork.construction.com/opinions/2011/0725-AsStaffsShrinktheRoleOftheOwnersRepGrows.asp With the Poor economy forcing owners to make tough decisions about layoffs and budget cuts, one position they should not consider eliminating is the owner’s representative. That is because this job has become a vital tool in helping the … Continue reading

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Common Problems on Large and Complex Projects

  Common Problems on Large and Complex Projects 1.         Difficult and belligerent subcontractors. 2.         Poorly structured subcontracts and loosely defined scopes of work. 3.         Protracted punch list activities, especially those related to the technical interfaces. 4.         Weak subcontractor field project … Continue reading

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The Potential Impact of Changes on Projects

Changes affect much more than cost and schedule. Here is a short list of project areas that can be affected by changes – –                Cost –                Schedule –                Quality –                Performance –                Scope –                Risk –                Commissioning –                Marketing –                … Continue reading

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Technical Risks

Technical risks include – Requirements and Performance Criteria / Clear or Ambiguous? Specifications / Robust or Boilerplate? Complexity of Interfaces Reliability Quality Metrics Safety Requirements / Safety Program Enforcement Security Intellectual Property Management

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Project Management Risks

Here are some management-related risks that need to be considered on projects… Strategy Organizational / Staffing / Turnover Agency Dispute Resolution / Conflict Management Client Relations Reputation Resources Communication Information Health Safety Environmental

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