CII commissioned RT-181 in response to the increasing trend among U.S. firms (owners and contractors) pursuing projects outside of North America which carried with them risks unique to projects in foreign jurisdictions. These risk factors are specific to international projects...
/resources/knowledgebase/knowledge-areas/Risk-Management/topics/RT-181
2/7/2016 6:13:23 AM
This topic contains two sources of information, both dealing with risk management in the construction arena. While the research summary is focused on management of risk for a construction contractor, most of the recommendations presented are equally applicable to owners, desig...
/resources/knowledgebase/knowledge-areas/Risk-Management/topics/RT-006f
4/27/2016 12:51:31 PM
There is wide consensus that risks are often inappropriately allocated in construction contracts: The party with the strongest negotiating position shifts the risks to those with less leverage (primary contractor, who pushes the risks to the subcontractors and suppliers). As a...
/resources/knowledgebase/knowledge-areas/Risk-Management/topics/RT-210
2/7/2016 6:14:51 AM
This material is a summary and examination of a CII research team s findings resulting from a survey of 104 contractor and owner organizations worldwide. The topic provides an overview of when, why, and how probabilistic approaches are used, and documents the kinds of successe...
/resources/knowledgebase/knowledge-areas/Risk-Management/topics/RT-280
2/7/2016 6:17:40 AM
The materials found within this topic provide both a primer on basic insurance coverages within the construction industry and an in-depth resource to learn about the details of risk management. Coming off a hard (or sellers) market cycle in the mid-1980 s, the CII Insurance Ta...
/resources/knowledgebase/knowledge-areas/Risk-Management/topics/RT-019
2/7/2016 6:09:20 AM
Knowledge Area Definition The identification, assessment, and prioritization of risks followed by coordinated application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. The st...
/resources/knowledgebase/knowledge-areas/risk-management
2/15/2016 10:22:52 PM
Best Practice Definition The process to identify, assess, and manage risk. The project team evaluates risk exposure for potential project impact to provide focus for mitigation strategies. Topic Summaries
/resources/knowledgebase/best-practices/project-risk-assessment
2/15/2016 11:29:40 PM
Counterfeit, fraudulent, and suspect items (CFSI) continues to be a threat to the capital projects industry. The research team reconfirmed the status of the CFSI threat, while at the same time updating and expanding upon the research of RT-264, Product Concerns in Low-cost Sou...
/resources/knowledgebase/knowledge-areas/Quality-Management/topics/RT-307
4/25/2016 2:40:50 PM
RT-133 s charter was to evaluate the Design-Build (D-B) project delivery system, comparing its attributes and success measures to those of two other delivery systems commonly used in building construction: Design-Bid-Build (D-B-B) and Construction Management (CM) At Risk. The ...
/resources/knowledgebase/knowledge-areas/Procurement-Contracts/topics/RT-133
2/7/2016 6:11:40 AM
Studies were performed by the Construction Industry Institute (CII) to determine ways to increase construction effectiveness by improving the contractual relationship between the owner and contractor. CII s Contracts Task Force conducted several studies to investigate construc...
/resources/knowledgebase/knowledge-areas/Procurement-Contracts/topics/RT-005
2/7/2016 6:08:40 AM