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Spotting Trouble Early: The Contractor's Risk Management Scale
Manage episode 489200609 series 3314227
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ℹ ABOUT THIS EPISODE
Join Wade and Stephen as they delve into the intricate world of risk management in construction. Discover practical strategies for assessing and mitigating potential hazards in your projects with a simple one to five rating system. They discuss real-life examples, the importance of safety measures, and the role of proper contracting in managing risk.
Tune in to learn how to protect your construction business from financial losses, injuries, and reputation damage through systematic risk assessment and management.
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⌚️ In this episode:
- 00:44 Understanding Risk Factors in Construction
- 01:48 The Importance of Systematic Risk Assessment
- 03:43 Weather and Contractual Risks
- 05:02 Common Pitfalls and Risk Mitigation
- 06:18 The Role of Risk Managers and Advisors
- 16:02 Safety Measures and Toolbox Talks
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
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