Call Us: (800) 419-4923
 Call Us: +44 (0)20 3865 7701
 Call Us: (787) 822-8377
 Call Us: (437) 855-4925
Partner Engineering and Science, Inc.
Partner Engineering and Science, Inc.
You are here: Home » Services » Construction Risk Management

Construction Risk Management

For construction lenders and equity capital providers, understanding construction budgets and keeping payments in line with progress is critical. Partner is available to help manage and mitigate the inherent risks of construction in commercial real estate with a robust staff of seasoned engineers and construction managers who can provide a wide range of services in support of construction lending and investment.

What's Involved

Construction Risk Management is a comprehensive program of third-party services designed to minimize the risk of construction financing and investment. Construction Risk Management Services can be tailored to meet the unique needs of Partner’s clients and can include:

Pre-Construction
Construction Phase
Owner Services
Other

* The Completion Commitment is only available bundled with the Full Suite of CRM Services. If necessary, Partner will provide unlimited Professional Services for course correction at no additional cost.

 

 

Looking for construction risk management for single-family residential properties? Our sister company, Partner Residential Consultants, specializes in providing expert solutions tailored to the unique risks of residential construction projects.

 

Related Insights

Frequently Asked Questions

The main types of risks in construction projects include financial risks, such as cost overruns and payment disputes; schedule risks, such as delays and disruptions; technical risks, such as design flaws and material failures; and external risks, such as regulatory changes and natural disasters.

Common risk mitigation strategies include proper project planning and scheduling, implementing safety protocols and quality control measures, maintaining open communication among project stakeholders, securing appropriate insurance coverage, and establishing contingency plans for unforeseen events.

Financial Risks: Budget overruns, delays, unexpected costs, economic downturns.
Contractual Risks: Scope changes, unclear specifications, disputes.
Safety Risks: Worker injuries, accidents, environmental hazards.
Schedule Risks: Delays due to weather, material shortages, labor issues.
Site Risks: Unforeseen ground conditions, permitting issues.

The cost of risk management varies depending on the project size and complexity. However, proactive management can save significant resources in the long run.

Meet the Experts

Related Videos

Let us be your Partner

Learn how we can support your next project or share insights via our newsletter.
Partner is the leading provider of engineering, environmental, construction, energy, and valuation consulting for the commercial real estate industry. We help our clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies.
Our Family of Companies
Terms and Conditions  |  Privacy Policy   |  Website Terms of Use  |  © 2024 Partner ESI. All rights reserved.
crossmenuchevron-uparrow-uparrow-rightchevron-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram