Risk Management Services

Create an extensive risk mitigation program.

Nowhere is a risk management plan more significant than on a construction site — from safety hazards and liability insurance risks to labor qualifications and critical capital project timelines. Developing a construction risk management plan is a vital step in mitigating risks and planning for the unexpected.

To recognize the appropriate level of risk tolerance for each venture, Ģ��tv works with clients to tailor the project risk and opportunity assessment process to suit the level of detail and specific needs of each project. In combination with Ģ��tv's expertise in diverse technical disciplines, this approach affords a total understanding of risks associated with the project and allows for the establishment of thorough mitigation plans. Through this process, Ģ��tv's professionals collaborate with the client's key project team members to:

Evaluate the cost estimate, schedule, and execution plan for the project
Identify and assess project risks and opportunities
Quantify the probability of occurrence, potential cost, and schedule impact for each risk or opportunity
Establish a project risk management plan, including the development of risk mitigation strategies

Capabilities

Ģ��tv's Construction Consulting team has extensive experience assisting project owners and construction site managers through all phases of the complex construction process. Learn more about our capabilities in risk management.

Every construction project possesses a unique set of challenges and risk levels. To recognize the appropriate level of risk tolerance for each venture, Ģ��tv works with clients to tailor the Project Risk and Contingency Assessment process to suit the level of detail and specific needs of each project.
In combination with Ģ��tv's expertise in diverse technical disciplines, this approach affords a full understanding of risks associated with the project and allows for the establishment of an extensive mitigation plan to manage said risks.
Advanced risk modeling techniques — including probabilistic, enterprise, and 4D and 5D scheduling — enable project stakeholders to identify, quantify, and mitigate project risks during the pre-construction phase when the impacts of recognized issues are most easily assuaged. Ģ��tv provides risk modeling, scheduling, and clash-detention services to help you manage uncertainties throughout the design and project lifecycle.
In the fast-paced construction industry, it is critical to define roles, responsibilities, and processes that support project and program execution. Ģ��tv's construction consultants can help you define, assess, and manage organizational structures and process flows throughout the program lifecycle, from strategic project planning and purchasing to resource strategies and documentation support.

Our Capabilities Are Unparalleled

With expertise in over 90 disciplines and hundreds of capabilities, tools, and methodologies — we get to the root of even the most complex challenges and give you the objective answers you need.

Skyscrapers surrounded by industrial cranes. Ģ��tv technical support for construction claims.

Related Expertise

Experts

Our global and comprehensive expertise across industries gives us a deep understanding of current challenges, best industry practices, and the implications of emerging technologies.