O'Connor Doyle believe that careful management of risk is the key to successful completion of a Construction Project. These risks can be minimised by the application of correct and proper construction practice and through thoughtful preparation of the contract documents.
Successful risk management procedures include
Successful risk management procedures include
- Early identification and evaluation of the risk associated with a particular Project
- Scheduling those risks and identifying various options and procedures to adopt
- Implementing those procedures to avoid or mitigate the risk items.
- Proper allocation of risk to the relevant party.
- Building flexibility into the procedures to allow amendments where necessary as the Project evolves.
- Ensuring that the risk is effectively managed throughout the life of the project
