How to effectively manage risks in construction?

Being prepared for the possible risks is one thing but spotting the unique issues that could cause delays to your construction projects is a whole different story. Identifying, understanding and assessing the possible risks should be done as early as possible so that your business can be prepared to either eliminate the risk, transfer it, share it, accept it or create a course of action to react effectively should the risk present itself during the project.

Let’s look at the most common risks and challenges for construction and how we can overcome them.