How do you measure the return on risk in construction projects?
Risk is inevitable in any construction project, but how do you quantify its impact on your project's performance and profitability? Measuring the return on risk (ROR) can help you assess the trade-off between risk and reward, and make informed decisions about risk management strategies. In this article, we will explain what ROR is, how to calculate it, and how to use it to optimize your project outcomes.