RISK AND THE CONSTRUCTION PROJECT

publication date: Jul 31, 2005
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By Gordon H. Aronson, P.E. and Dan Patterson, Ph.D., PMP
The project architect/engineer, owner, construction manager or contractor who has made the decision to move to an advanced system like Primavera Engineering & Construction or its younger brother, Primavera Contractor, is ready to carry project management to the next level. All who make their living in the engineering and construction industry recognize the long list of factors that make this a business full of risks. Yet, it is the rare project, from start to finish, that openly assesses and accounts for the time and cost risks. Evidence suggests that most engineers and owners simply ignore its existence, too many construction managers refuse to deal with it, and countless contractors believe that it’s not worth the effort, given the specified and accepted contractual constraints.



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