Tag: risk allocation

Risk Allocation in Fast-Tracking High-Rise Projects

Risk Allocation in Fast-Tracking High-Rise Projects Have you ever felt like juggling fire while walking a tightrope? That’s what fast-tracking high-rise construction projects can feel like. Deadlines loom. Budgets teeter on the edge. Teams scramble to keep up. Fast-tracking—the practice of overlapping design, procurement, and construction phases—can be a lifesaver when time is tight. But …

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Permanent link to this article: https://www.e-basel.com/project-management/risk-allocation-in-fast-tracking-high-rise-projects/

Risk in Construction Design and Build Contract

Risk in Construction Design and Build Contract Mitigating Potential Issues The Importance of Proper Risk Allocation in Design-Build Contracts Design-Build contracts have become a popular project delivery system for both public and private sectors in the United States. However, this system comes with its own set of risks that can be detrimental to both owners …

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Permanent link to this article: https://www.e-basel.com/new-project/risk-in-construction-design-and-build-contract/