Exploring Exposures & Hazards In Construction Projects

Risk management procedures seek to avoid or lessen exposure to dangers while minimizing the consequences of different risks.


The idea of a financially viable outcome determines whether or not to move forward with a project.

To ensure the success of the project, construction design is a complex process requiring seamless collaboration between numerous disciplines.



The project may experience crippling schedule delays, deteriorating stakeholder relations, litigation, and eventually a hit to the bottom line if the cash flow stream is delayed or abruptly stops.

There are many different reasons why construction schedule delays occur, but they all unavoidably have some effect on the project's cost.

Commercial Viability

Inaccurate Takeoff Quantities

Quantity surveying errors during the bidding process might have serious consequences.