Monday, August 6, 2018

A Study Of Construction Risk Mitigation Ontario

By Stephen Wright


Building projects are quite complex and have a lot of risks. It is therefore very important for the project management to use the correct processes and be prepared for all challenges likely to be faced while constructing. A proper plan for any viable project must always identify, assess, and find ways to manage risks that likely to happen during the building process. This is important as it ensures that risks do not stop or delay the project. As such, looking into construction risk mitigation ontario thus comes in handy.

Ensuring that there is proper documentation before building is of crucial importance. Starting a construction without all proper permits and legal consent can lead to the tearing down of complete work which will mean starting over. This will cause great financial losses to the hired company.

Secondly, being the project manager, you need to ensure that every member of the team has enough experience in the role they are playing in the building process. A new worker may not know how to operate some of the machinery which may lead to unwanted accidents at the site.

Another way to reduce risk is to use modern technology at the site. The use of drones for example is a reliable way to reduce risks. Drones can be used for digital photography to view the whole site and will come in handy in dangerous situations instead of sending workers.

It is also good to be prepared for natural acts that you cannot control. Planning for a rainy day is very necessary. A good project manager will be prepared for rain that may delay the said project. There needs to be a backup plan in a case where rain may prevent building materials from reaching the project site.

Setting another deadline that is earlier than the big deadline is also a good way to reduce risk. During construction, staying ahead of time is crucial. Setting an early deadline will give you as the project manager time to fix any problems encountered during the process.

Staying ahead of deadlines is another way to mitigate risk. Every sound project has a deadline. Being the head of the construction, you need to give each worker at the site a deadline that is earlier than the real deadline. This gives you time to manage challenges when they are encountered without affecting the real deadline.

Insurance is a key method of reducing risk. Every machine as well as the workers at that site must have insurance. This will prevent you being the head of the project from having to pay for damages or accidents that happen at the sites. Accidents where a project manager is held liable will definitely delay the whole process. All viable projects have risks, but these risks can be reduced greatly by good organization and planning. Risk mitigation needs constant attention but it might be one of the best ways money can be saved when handling a construction project.




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