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      What to Expect From Uranus in the 5th House

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    Home»Business»Common Risk Factors In The Construction Industry

    Common Risk Factors In The Construction Industry

    SabithBy SabithMay 16, 2022No Comments3 Mins Read
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    Any massive project that involves construction and engineering does carry some harmful risk with it. That said, every project has its own set of challenges, demands, careful planning, and features to make good decisions at the right time. Hence, allowing risks to happen can derail the entire project and cause irreparable damage and destruction to the overall workflow. In order to avoid such disasters, you should be able to correctly analyse, control, and monitor risks no sooner they have been identified by the construction team.

    According to underground civil engineering services like Lih Ming Construction, one of the best ways to ensure risk minimisation in the construction industry is to be thoroughly prepared about everything that may go wrong. In this article we’ve compiled the three common risk factors in construction so that we can learn more about how to properly manage them and prevent them from thwarting your next engineering project. 

    1. Lack of labour training and experience

    A project cannot come to fruition without skilled labour. That’s why having inadequate manpower to carry out engineering work can be a huge risk when taking on new projects like civil labour for underground utilities and infrastructure. Perhaps the biggest benefit for a seamless project progress is proper labour planning. Efficient and experienced workforce management allows contractors to take action quickly while ensuring they’re leveraging their workforce productively. Else, the project will suffer from delayed construction schedules, error-prone rosters and potential overlapping commitments. After all, nothing hurts a construction company more than workers not functioning.

    2. Health and safety hazard

    For any reliable underground civil engineering services company, keeping workers safe is a top priority. Safety is considered to be a construction project risk factor when working with both fresh and old employees. Since accidents can sneak up on you as the project progresses which can result in serious injuries or fatalities to employees. Additionally, when accidents occur, the work already undertaken may be delayed which leads to a decrease in productivity given the low morale among workers. A meeting should be initiated before starting the construction project. That way, every employee involved will review and understand the safety plan you’ve developed for the project.

    3. Mismanagement of unexpected change orders

    Change orders are common in construction fields. They involve the operation of additional work that arises within the original construction contract due to a number of reasons which could be sudden errors in the original scope of work or vague construction sketches. The management of change orders takes into account precise preparation, proper  understanding, and a lot of communication with all parties involved with the project. There are times when things can go awry if such changes are initiated but not brought to light. 

    Trust our underground civil engineering services at Lih Ming

    Are you looking to avoid the risk of having issues with your underground civil engineering service contractors and suppliers? With over 40 years of experience in the field such as underground pipe laying, Lih Ming Construction can successfully support every building project by handling all your civil engineering needs. Contact us today.

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