“There are known knowns. These are things we know that we know. There are known unknowns. That is to say, … More
Category: construction
PROBABILITY & IMPACT: KEY COMPONENTS OF RISK
Once tasks on a project that have uncertainty are identified, a risk statement can be developed. Key considerations or components of … More
AN ESSENTIAL PROJECT MANAGEMENT SKILL
Every project manager wants to reduce ‘management by crisis’, overtime costs for employees and contractors, and late nights at the … More
Risk Management – An Overview
Within project management, RISK is a four-letter word. Successful project management includes risk management – and risk management comprises identifying, … More
Risk Management in Construction Projects
There is never enough time! That’s the typical excuse. And its true. If you are a project manager of … More
Risk and Large-Scale Projects
Risk is an incontrovertible factor in any project. It only stands to reason that, the larger the project, the more … More
Project Management – Risk Management in Construction
The first step in addressing Project Risk is Evaluation and Assessment Questions to ask include: Is this appropriate project risk and opportunity? … More
Risk Management in Construction Project Management
Some words of advice for evaluating your risk management practises Risk management should: create value– resources expended to mitigate risk … More
Construction Project Management 