February 16, 2024

construction

Tips for Assessing Construction Business Risks That Can Impact the Bottom Line

Identify potential risk factors such as project site, contractors, materials used, and equipment. You need to perform a comprehensive audit to identify weaknesses and areas that require attention. Establish a system of controls with KPIs and regulatory compliance measures. You should also develop policies for implementing controls. Review your insurance coverage to make sure you are adequately covered

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