Department of Energy project directors, program managers, and senior managers have the responsibility to assess and manage risks on their projects and project portfolios. Project risks can be managed ...

Inflated costs, crunched schedules and materials delays are driving a greater interest in alternative project delivery methods, firms say—which is reflected in last year’s rise in design-build and ...

Risk Management in project management refers to the systematic practice of identifying, analyzing, and responding to project risk. It includes maximizing the probability and consequences of positive ...

Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer.

Power and energy construction projects face unique challenges that make effective risk allocation critical to their success. A well-crafted contract serves as the foundation for managing these risks, ...

Builder’s risk insurance is a cornerstone of effective risk management in the construction industry. It offers protection against a variety of physical and financial risks that can impede the ...