The NASBP Industry Relations Committee has organized a panel of speakers to present at the April 13-15 Risk Management in Underground Construction Virtual Course
Hernández, a Senior Director who recently joined our team in London, about the latest trends in construction project management. What are the biggest project management risks faced by construction and engineering professionals today?
However, the use of PM in construction also exposes companies to new risks, including heightened cybersecurity dangers and new legal questions. Below is an in-depth look at the risks posed by PM to the construction sector. Cybersecurity Risks The rise in PM adoption simultaneously escalates potential cybersecurity threats
These new realities touch almost every aspect of the construction process, and specifically such issues as: contract or project notices for default, scheduling and adjustments; project suspension, termination and reinstatement; Occupational Safety and Health Administration (OSHA) and workplace safety compliance; work force management; material, subcontractor and supply chain delays and impacts; risk management and insurance; claims avoidance or, alternatively, claims management; and the disputes process
He routinely manages breach of contract claims, construction disputes, facilities management litigation, and business claims. He can be reached at mpascoe@hahnlaw.com or 216.274.2397.
By Nabeel Ikram and Jodie Reindorf of Hogan Lovells Published November 2020 In the difficult market conditions which have accompanied the COVID-19 pandemic, the financial health of many industries has been adversely affected. The construction industry is no exception and the insolvency of a party to a construction contract would lead to a number of challenges from both the contractor and the employer’s perspectives
They also understand their opponents and internal capabilities and manage both to extract the best possible on-field performance. Successful construction projects are often defined by the use of repeatable project management processes and the on-going identification and mitigation of external risks and delivery risks.
Here are 3 construction risks to keep in mind and some guidance that can help companies manage through the current environment. Notwithstanding Covid’s onset in 2020, construction activity has been, and continues to be, robust
NASBP Attorney Advisory Council participant Timothy Heffernan wants surety bond producers and their construction clients to beware of an emerging legal risk to surety professionals