Tips for Assessing Construction Business Risks That Can Impact the Bottom Line
Emma Davies
February 16, 2024
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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