Construction is risky business, as ongoing labour and materials shortages and extreme weather continue to underscore. And while the stakes are high, many organisations continue to employ disjointed and ineffective approaches to track and manage risk – putting people, projects and profits in peril.
Effective building is powered by collaboration, and your risk processes should be, too. That means empowering the whole project team to help manage risk through a common, centralised approach that is linked to the project schedule.
This ebook from Oracle Construction and Engineering explores how to improve visibility into project risks, reduce confusion across stakeholders, and improve decision-making, including:
- How a shared risk register brings project communities together to identify and track risks – creating a comprehensive and connected view of potential issues.
- Why connecting risk information to the project schedule enables deeper analysis of risks, probabilities and impacts.
- Steps to make these practices work for your organisation.
