3 Steps to Add Risk Management Into Your Construction Bid Preparation

Effective risk management is key to every successful construction project. It can be the difference between making a nice profit and breaking even or worse, suffering a loss. So when should you begin your risk assessment? Are you doing it during contract negotiations or are you waiting until after you’ve received a notice to proceed? The truth is, risk management should begin during the bid preparation.

3 Steps to Add Risk Management Into Your Construction Bid Preparation

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