CONSTRUCTION RISK MANAGEMENT: USING TECHNOLOGY TO MITIGATE LIABILITY
They say the only constant is change. The world keeps moving forward when you aren't looking, and if you aren't careful, you will be caught in a tangle of new codes, regulations, and standards. No change has been swifter than the technological change the construction industry has seen in the past few decades. New equipment comes with a touchscreen and GPS. Payroll, scheduling, and building information management are now controlled through specialized software. New construction products are being created all the time. Fight fire with fire. Use technology to keep up with changes and mitigate risk. CONSTRUCTION RISK MANAGEMENT CHALLENGES Even as computerization is introduced into the industry, many construction documents are still paper forms that are filled out manually and rarely get updated to acknowledge new requirements or gather better data. Handwritten forms capture limited detail and can be inconsistent from user to user. The forms may not be customized to your c...