Construction risk management is a process of identifying and evaluating the unique risks that each project presents. Crucial to the evaluation is developing methods to mitigate the impact of risks to ...

While both relatively simple concepts, allowances and contingencies are often confused with one another. Conflating the two can lead to pitfalls. An easy way to remind oneself of the difference is: ...

A failed construction project can cost your business thousands of dollars on wasted materials and payments to contractors. Before you embark on any construction project, you must devise a specific and ...

Desalination research and implementation could be the sliver of hope for a return to normalcy. Although previously an inefficient and expensive venture, the survival of the human race—particularly the ...

As any builder will tell you, it is impossible to know with certainty the exact amount a project is going to cost. Variables affecting the cost run the gamut from labor and material costs to delays ...

LOWELL — The School Building Committee approved a $2.2 million budget revision request to replenish the depleted construction contingency associated with the ongoing Lowell High School renovation ...

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