Quick Reads Risk Management

Thinking Ahead: Understanding the Hidden Risks in Your Backlog

We’re seeing lackluster, albeit mixed, nonresidential building construction spending growth in 2021 while prices are climbing at a breakneck pace. Implications suggest a steep decline in real construction activity, likely masked by higher-priced contracts. However, unemployment is low and companies are seemingly in a frenzy to hire, creating some confusion about where the industry will be in the […]

December 09, 2021 By Mike Clancy and Brian Strawberry Strategy, Risk Assessment, Operations, Risk Management

Plan for Contingencies, Execute Based on the Facts

Many of our clients are cautiously optimistic—if not even bullish—on the U.S. engineering and construction industry going into 2017. Favorable general economic conditions, a high level of consumer confidence and the potential for tax reform and increased federal spending all promise to keep the industry on track for yet another positive year.

May 09, 2017 Operations, Risk Management

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