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180. Mastering Risk Management in Construction

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Manage episode 445307132 series 3569447
Innhold levert av By FOUNDATION Software. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av By FOUNDATION Software eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode of the Mobile Workforce Podcast, host Mike Merrill speaks with Rob Remington, a construction lawyer with over 30 years of experience in the field. They discuss the evolving landscape of the construction industry, particularly as it shapes contract management, risk mitigation and the use of technology like project management software and AI.

This conversation is vital for contractors looking to protect their bottom lines and improve operational efficiency in a fast-changing market.

Key Takeaways:

  • Implement effective risk management strategies to protect profit margins and avoid scope creep.
  • Ensure thorough understanding of contract terms to prevent costly mistakes and disputes.
  • Utilize technology tools like FOUNDATION® and AI to streamline project management and enhance communication.
  • Proactively enforce lien rights and follow dispute resolution processes to secure financial success.
  • Address challenges in the supply chain, labor shortages and inflation to manage costs effectively in both private and public projects.
  continue reading

180 episoder

Artwork
iconDel
 
Manage episode 445307132 series 3569447
Innhold levert av By FOUNDATION Software. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av By FOUNDATION Software eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode of the Mobile Workforce Podcast, host Mike Merrill speaks with Rob Remington, a construction lawyer with over 30 years of experience in the field. They discuss the evolving landscape of the construction industry, particularly as it shapes contract management, risk mitigation and the use of technology like project management software and AI.

This conversation is vital for contractors looking to protect their bottom lines and improve operational efficiency in a fast-changing market.

Key Takeaways:

  • Implement effective risk management strategies to protect profit margins and avoid scope creep.
  • Ensure thorough understanding of contract terms to prevent costly mistakes and disputes.
  • Utilize technology tools like FOUNDATION® and AI to streamline project management and enhance communication.
  • Proactively enforce lien rights and follow dispute resolution processes to secure financial success.
  • Address challenges in the supply chain, labor shortages and inflation to manage costs effectively in both private and public projects.
  continue reading

180 episoder

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