How does Daoust Construction manage risk?
Todays construction projects are extremely complex, with
tight timelines and budgets. This creates risk for all the parties
involved in the project. The good news is that risk can be successfully
managed. It just takes the right approach.
Our approach to quality management is designed to mitigate risk.
All parties involved in a project have the same exposure to risk
from the onset. If any party fails to participate in the process,
the project will not achieve its time, cost or quality objectives.
We implement a risk management program from the beginning of
the project. We also believe disputes can be avoided through proper
planning and project strategy during pre-construction and by involving
the entire project team.
In our experience, the greatest challenges to the successful
completion of the work are the timely release of accurate and
complete design information; the timely presentation and approval
of submissions; the management of changes to the work; and the
maintenance of a realistic schedule that reflects the actual status
of the project.
The key to risk management is to establish communication between
all parties through partnering. This ensures that everybody
has a clear understanding of the obligations and expectations.
Partnering establishes a complete and realistic plan for the execution
of the design, procurement, construction and commissioning phases.
It also establishes the systems necessary to communicate all relevant
technical and administrative information and the systems necessary
to recognize and adjust for deviations in the plan.
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