Creating a holistic approach in mitigating construction risk while assessing, identifying and monitoring project planning for an effective result

The construction industry is an integral part of the country’s infrastructure and industrial development. India’s construction sector has witnessed a revival in the last few months driven by significant increase in the number of projects. Construction risk management will address the current challenges in managing projects while focusing on relevant approach in identifying and addressing risk. Risk management largely determines whether a project meets its schedule, budget and quality assurance targets.

Construction sector is subjected to significant risk and uncertainty compared to many other industries. In a highly competitive and complex market an effective decision will determine whether a project is successful or fails to meet expectation. Some of the most prominent challenges from this industry are shortage of talent, limited contractor capacity and rapidly rising material as well as labor costs. Assessing, identifying and monitoring project planning is fundamental in allowing for an ongoing risk identification process throughout a project.

marcus evans ‘Construction Risk Management’ conference will feature world-class construction industry experts, who will be delivering critical frameworks in managing risk. This two day event will stimulate discussions on actual experiences while allowing delegates to balance the contingencies of risk with their specific contractual, financial, project delivery as well as safety elements required for their organisation. Do not miss this great opportunity to be part of this meet and to gain insights on effective risk management strategies and to enrich yourself with the procurement and sourcing strategies while identifying breakthroughs from various industry experts who have successfully tapped these concepts.