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What are your top risk in Construction projects?

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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
In your experience what are the risks encounter in construction projects. I have quite a few but, I sure don't have a complete list.

It can go from the small one to major risk.

Often construction people say the risks are all in the digging part, there is a few there. And many more after.

One often overlook is possible fungus in and out of dry wall.

Let'S gather those you have identified or encounter in your projects.
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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
Dec 15, 2016 2:28 AM
Replying to Visswanathan KKN
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Land acquistion/Site availability
Safety
Interface with other contractors
Delay in availability of inputs
Currency fluctuation
Yes these are all risk to be consider during project planning.

Land acquisition is usually done by the client. In my experience.
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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
Jan 02, 2017 7:52 AM
Replying to kareem hajjaj
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potential risk of course, what i meant in my previous comment is that if the mentioned things happened during my project execution that would be considered an issue, since risk is determined during the planning.
Risk also develop during execution of construction, Risk Management need to be done for the duration of the project. Initial risk identification should be done at the planning phase, and could change all of the project planning.
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Yasir Masood PMO, Risk, Change & Portfolio Mgt, Project Controls, Risk Workshop Facilitation| Change & Risk Consultant Toronto, Ontario, Canada
It differs with construction project type and location. If it is the construction of Process Plant ( Petrochemical or Oil & Gas etc.) then the construction risks depend on whether the project is 'brown field' or 'Green field'. Risk can be activities are not in sequence, Procurement delays, Ground conditions, de-watering, availability of skilled resources, under performance by sub -contracts and JSA - Work permit system compliance ( in case of brown field project).

In Civil construction project like housing , High rise buildings, etc. Shortage of Material, Unavailability of Construction Machinery and skilled Human resources, Design changes i, Building renovations specs changes because of stakeholders etc.

Contact me if you need any of my further support.
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1 reply by Vincent Guerard
Apr 05, 2017 9:39 PM
Vincent Guerard
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Thank you for you post Yasir
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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
Apr 05, 2017 6:10 PM
Replying to Yasir Masood
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It differs with construction project type and location. If it is the construction of Process Plant ( Petrochemical or Oil & Gas etc.) then the construction risks depend on whether the project is 'brown field' or 'Green field'. Risk can be activities are not in sequence, Procurement delays, Ground conditions, de-watering, availability of skilled resources, under performance by sub -contracts and JSA - Work permit system compliance ( in case of brown field project).

In Civil construction project like housing , High rise buildings, etc. Shortage of Material, Unavailability of Construction Machinery and skilled Human resources, Design changes i, Building renovations specs changes because of stakeholders etc.

Contact me if you need any of my further support.
Thank you for you post Yasir
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Susan mason Program Analyst| US Department of Energy Washington, Dc, United States
I am analyzing benefits and problems with Long Lead Procurement for the Department of Energy. Any thoughts or ideas are appreciated.
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Diego Canas Project Coordinator | Civil Engineer | Planning Engineer| - Recife, Pernambuco, Brazil
Hello Vincent!

Here are some Risks in construction projects:

01. Compatibilization of projects;
02. Accident Risk;
03. Communication: Use of outdated versions of projects;
04. Time limits for the contracting of services and equipment;
05. Weather conditions;
06. Change of scope by the customer during the project;
07. Alteration of contractors during the project;
08. Contracting of contractors not qualified by the company's database;
09. Use of new technologies;
10. Team without knowledge and experience about the project;
11. Budget and schedule incompatible with actual project need.

Thank you!
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1 reply by Vincent Guerard
Jul 19, 2017 2:29 PM
Vincent Guerard
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Thanks, nice
Outdated document can be a serious risk your right.
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Susan Reilly retired Morristown, Tn, United States
My list is similar

1. Not just errors in estimation but omissions of activities in the project.

2. The contract bidding climate. In a tight economy or where the project has a highly competitive bidding there is a risk of bidders who will file unfair competition complaints that can both delay progress and if the project has to be re-bid higher project costs.
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1 reply by Vincent Guerard
Jul 19, 2017 2:33 PM
Vincent Guerard
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I Like "Contract bidding climate" that is real, both external and internal. Many things stand behind that economical context, opening new market....
Thanks
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Julia Cunningham Manager Project Management| Battelle Richland, Wa, United States
Accidents.
I agree with Susan on bidding climate.
Coordination issues between trades / engineering disciplines (both, together, and often in conflict.
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1 reply by Vincent Guerard
Jul 19, 2017 2:41 PM
Vincent Guerard
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Yes coordination between trades many experience in that!
Thanks
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ANEMU SIVARAMAKRISHNA Managing Director| Vision Engineers and Surveyors Srikakulam, Andhra Pradesh, India
One more addition is half knowledge people in leadership role..
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1 reply by Vincent Guerard
Jul 19, 2017 2:42 PM
Vincent Guerard
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Incomplete knowledge or understanding of management, a good one, Thanks.
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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
May 23, 2017 7:07 PM
Replying to Diego Canas
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Hello Vincent!

Here are some Risks in construction projects:

01. Compatibilization of projects;
02. Accident Risk;
03. Communication: Use of outdated versions of projects;
04. Time limits for the contracting of services and equipment;
05. Weather conditions;
06. Change of scope by the customer during the project;
07. Alteration of contractors during the project;
08. Contracting of contractors not qualified by the company's database;
09. Use of new technologies;
10. Team without knowledge and experience about the project;
11. Budget and schedule incompatible with actual project need.

Thank you!
Thanks, nice
Outdated document can be a serious risk your right.
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