Risk management in construction is a process where the project is constantly evaluated and procedures implemented to lower the risks involved on the project.
Assisting clients with the monitoring of a development's progress from initial design to completion. Monitoring is introduced onto projects to protect the interests of the client.
Providing a structured approach in handling construction contractual disputes between parties to assist parties in finding a productive solution.
Investigating of financial data and, or, legal contracts related to a project, to ensure that no fraudulent activity has taken place within the contract – may it be from the contractor’s side, or from the employer’s side.
Distressed projects are those that are falling behind, where the critical path items are delayed either due to the design team’s late issuing of information, or due to the contractor’s lack of resources on site. The goal here is to manage the design team and the contractor to get the project back to the target completion date.
The principal agent is a consultant appointed by the client to manage all consultants on the project, ensuring coordination takes place, information is issued timeously and that each consultant is delivering what is required of him to deliver.
