Risk Management

Construction projects face countless risks—from unexpected delays to storms, theft and more. While cost considerations may make it tempting to underinsure a project during construction, doing so leaves your investment liable for damages that far exceed builder’s risk insurance pr...

Contact with electricity is one of the leading causes of fatalities in the workplace. The construction industry experiences over four times the number of electrical fatalities than any other leading industry, according to the Electrical Safety Foundation International. The hard ...

As electric vehicles are reshaping industries and accelerating innovation, the growing number of EV battery manufacturing facilities remains critical to this transformation. In 2019, two EV battery factories were operating in the United States, and another two were under construc...

Construction businesses have faced a rising tide of challenges since the pandemic. The labor shortage, worker safety threats and more have created a difficult environment for business owners to find opportunities for growth while keeping their operations running smoothly and safe...

Construction companies pitch to new clients and evaluate project proposals every day. For growing businesses, finding time, focus and a standardized process for selecting clients and projects can be challenging. Many experienced contractors streamline their decision-making by usi...

Construction disputes continue to be catastrophically expensive, with costs rising steadily. This upward trend is expected to persist into 2025, with a significant amount in the total number of disputes rising in recent years. For general contractors working alongside engineers ...

The highest-profile performers need extra security to do their jobs—and so do the buildings in which they perform. Those extra security measures are often taken before the venue is even built and carried out long after the artist has left the building. When security and construct...

Anyone connected to the construction industry understands the importance of critical-path method scheduling. CPM schedules help identify the activities required to complete a project, as well as help determine critical activities that absolutely can’t be delayed. As a contractor...

The construction landscape is changing daily, bringing new challenges for contractors—including dealing with new competition, taking on work in new markets, and navigating supply-chain issues, labor shortages and more. Companies who succeed in this competitive environment must th...

WASHINGTON, Oct. 29—The construction industry had 288,000 job openings on the last day of September, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening ...