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The Critical Few Worksheet@@ Organizes the necessary measures and sets targets and responsibility for each.@(SP36-2, p. 29)
https://staging.construction-institute.org/ 4/25/2016 2:35:05 PM
The Quality Evolution Chart (QEC)@@ a tool for the systematic breakdown of general objectives into more specific ones.@(SP36-2, p. 20)
https://staging.construction-institute.org/ 4/25/2016 2:35:17 PM
The Fishbone (Cause and Effect Diagram)@@ facilitates brainstorming of possible causes that produce a specific result. (SP36-2, p. 20)
https://staging.construction-institute.org/ 4/25/2016 2:35:35 PM
For the construction industry to implement the conclusions and recommendations of this task force, it will require active involvement by executive management to bring about a cultural change in terms of risk management philosophies for many larger companies. If these changes a...
https://staging.construction-institute.org/ 4/27/2016 12:59:03 PM
The impacts on construction can be diminished if projects would rely less on insurance and other risk financing arrangements, focusing more on cooperation and loss prevention. Five steps to focus on include: (RS19-1, p.2)Allocating project risks in a manner to avoid duplicatio...
https://staging.construction-institute.org/ 4/27/2016 12:59:15 PM
Five specific changes are detailed within the research that can be implemented by both owners and contractors to reduce the total cost of risk.Construction safety practicesIndemnification by contractors of ownersContractors@ liability for damage caused to owner propertiesConst...
https://staging.construction-institute.org/ 4/27/2016 12:59:31 PM
More attention should be given to the risk management options other than insurance. The following five steps are discussed in detail within the research:Risk IdentificationRisk MeasurementRisk Management Tools (selection)ImplementationMonitoring/Evaluation {^widget|(widget_di...
https://staging.construction-institute.org/ 4/27/2016 12:59:48 PM
Included in the summary is an excellent Glossary of Terms related to risk management and insurance.
https://staging.construction-institute.org/ 4/27/2016 1:00:04 PM
In order to reduce conflict and litigation in the construction industry, a comprehensive and systematic approach to the prevention and resolution of disputes must be adopted.@However, one must understand the following concepts in order to implement the change: (RS23-1, p. 17)A...
https://staging.construction-institute.org/ 4/27/2016 1:08:26 PM
In order to create a comprehensive system for dispute prevention and resolution, a project must:Start Right by having clear objectives, scope, and schedule in the pre-construction engineering and documentation stage.@CII provides information to improve engineering and document...
https://staging.construction-institute.org/ 4/27/2016 1:09:01 PM
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