Risk Management Survey Reveals Changing Environment
Post date
September 09, 2016
Body
AGC and FMI recently conducted a risk management survey of 83 companies, AGC of America reports. Some of the report's findings include:
- Today’s construction risk environment is drastically different than it was five years ago;
- Skilled craft labor shortages, contract language and subcontractor default are top risks in today’s construction industry;
- Construction firms are managing risk differently today;
- Risk management effectiveness varies; and
- Mitigating and managing risk has become a strategic priority."