What are the most important steps to managing risk in construction contracts?
Managing risk in construction contracts is a crucial skill for facilities engineers, as it can affect the quality, cost, and schedule of the project. Risk management involves identifying, assessing, and mitigating potential sources of uncertainty and variability that can impact the performance of the contract. In this article, we will discuss the most important steps to managing risk in construction contracts, and how they can help you achieve your project goals.