Risk? all yours, mate
Language: English Series: Building ; 271(8442) 4 August 2006, 41(1)Publication details: 2006Subject(s): Summary: Argues that the construction industry now makes a much more empirical assessment of the risks involved in construction projects than it did previously. For instance, NEC3 makes the risk register into a contractual document, whilst other projects use short, focussed risk registers for each package or trade contract as management tools. A more sophisticated analysis of risk is still required in procurement, however, where too many contracts continue to pass risk down to the contractor.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L134492 (Browse shelf(Opens below)) | 1 | Available | 134492-1001 |
Argues that the construction industry now makes a much more empirical assessment of the risks involved in construction projects than it did previously. For instance, NEC3 makes the risk register into a contractual document, whilst other projects use short, focussed risk registers for each package or trade contract as management tools. A more sophisticated analysis of risk is still required in procurement, however, where too many contracts continue to pass risk down to the contractor.