Construction Risk

construction risk can be defined as any exposure to possible loss. Because every construction project is different, each offers a multitude of varying risks. To ensure the success of a project, a stakeholder, contractor or client starting on a construction project must be able to recognize and assess those risks.

Management of risk is central to all that we do at Aspect, and a key determinant in the overriding project and commercial management strategies that we set in place upon our engagement and throughout the life-cycle of the project.
In addition to mitigation through preparation of careful and disciplined contract terminology and identifying the appropriate procurement route, we implement procedures and controls to preempt risks relating to budget, schedule and design quality, managing the client’s exposure throughout the project life cycle.

Our continuous assessment measures identify, evaluate, mitigate, manage, monitor and report risks to protect client investment and assets.
Email us on enquiries@aspectgroup.net or call us on +971 (0)501004703 to discuss your requirements and how the team at Aspect can mitigate your project risks and maximise your returns.

Leave a Reply