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SmartMarket Report:

Managing Risk in the Construction Industry

New study reveals essential intelligence on the top risks faced by building owners, GCs and trade contractors and the top benefits achieved from specific risk evaluation and mitigation practices.

This study, which includes over 500 building owners, GCs and trade contractor respondents, provides a comprehensive look at risk management. It reveals:

  • The top risks faced by owners, GCs and trade contractors, and the prevalence of disputes and claims.
  • The most effective risk evaluation and mitigation strategies.
  • The specific benefits that industry professionals experience from employing those strategies.
  • Evidence of the importance of collaboration as a critical means of mitigating risk.