Monday, December 18, 2017

Understanding Construction Risks

OP CIVILBy Kristopher Stahle

The performance of the construction sector relies on a complicated web of internal and external factors the level of risk varies wildly from country to country, region to region and even city to city. The construction industry, for example, behaves a lot differently in New York City than it does in Madison, Wis.

To successfully and thoroughly gauge risk, businesses need to understand factors that impact construction on both a macro and micro level. The big-picture economic outlook could look positive, but the behavior of individual companies or within individual locations might not match up.

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