How do you limit adverse consequences?
Risks and returns are closely related. The higher the risk, the higher the (potential) return' is a commonly used phrase. In the construction sector, however, significant price and development risks are borne by construction companies, which in practice are not compensated by sufficiently higher rewards. Improved returns within the construction sector start therefore by managing risks, at organisational level as well as business unit and project level.
As soon as construction companies improve their process risk management, it reduces the negative impact of 'mistakes' during the construction process and initial yields are no longer affected. We have developed sector-specific tools for businesses in the construction sector. Which we would be happy to discuss with you.