Construction mitigation planning is an essential step that project management teams must take to delineate all potential risks of a particular project. The construction industry faces many different types of risks for a project.
Each risk should have its own mitigation plan that
guides the plan so teams can operate smoothly if or when it arises.
By understanding mitigation planning in construction
projects, team leads can develop efficient and effective processes to carry out
Below is a list of risks you may face and how to
minimize them using a mitigation Plan
Budgetary control – Inadequate budget
The budget is one of the most important and debated
issues in a construction project. Some of the reasons that lead to the budget
deficit are improper spending, budget deficit, and waste of materials.
Mitigation Progress to control Inadequate budget:
Budgetary control is known as setting a specific budget and adding
margin on sub-contractors by the management to know the difference between the
actual performance of the company and the budgeted performance can be tracked by software
or excel sheet. It enables managers to use these budgets to monitor and control
various costs within a particular accounting period so, you can avoid budget
shortfalls.
Poor planning on the Project Schedule
One of the causes of project delay is improper planning
by the manager on schedule. Failure to account for small actions can lead to
long delays. This shows a lack of communication between subcontractors, employees,
and the project manager. This results in delays and frustrations.
Mitigation Progress to control Poor planning on Project
schedule:
Use software like Microsoft Projects or
excel sheet to create planning and project timelines with buffer time. Share
the project timeline with the Client, subcontractors & stakeholders. Also, have
a plan B if the schedule conflicts.
Safety Hazards
Work environments that contain safety hazards can lead
to injury and even death in extreme cases. Safety risks can lead to labor
resentment, poor quality, and delays. As a contractor, you must ensure safe
man work hours for your employees.
Mitigation Progress to control Safety Hazards: To mitigate this risk, train workers and staff on safety
management. Like Toolbox talk, HSE Meeting & Safety indent Also, all safety
protocols must be followed and shared with employees.
Miscommunication
Miscommunication can lead to conflicts within the
construction team and with the client. Disputes between subcontractors and
stakeholders on a construction project are not uncommon. This leads not only to
poor working conditions but also to unnecessary delays and poor quality of
work.
Mitigation Progress to control Miscommunication: Be sure to document everything like Minutes of meetings,
RFI & Site hindrance reports to avoid miscommunication and disputes.
Document your meetings with subcontractors and the client. Also, keep all
employees on the same page through regular communication through email, calls,
and what’s group text messages. Share the project timeline with subcontractors
so they know what tasks need attention.
Unforeseen Circumstances
Unforeseen circumstances can affect project timelines.
Accidents, inclement weather, and other unforeseen hazards on a construction
site put the contractor and project manager under stress.
Mitigation Progress to control Unforeseen Circumstances: This type of all risk cannot avoid, but there are some ways
to prepare for them. (Of schedule) be able to reduce the effect of risk by
being ahead of schedule. Similarly, keep an extra budget to deal with risks and
unforeseen circumstances. Always have CAR policy
before the start of the project it covers this type of damage
Risk Mitigation Strategies for Construction
Risk Response Strategy |
Risk Handling Method |
Risk Avoidance |
1. Increase unit cost or overhead |
Risk Transfer |
1. Use Insurance |
Risk Mitigation |
1. Develop a strategic staffing plan |
Risk-retention |
1. Prepare contingency planning |
Conclusion
Risks can result in over budgets, delays, and toxic work
environments. The risk management process identifies, transfers, and mitigates
risks to successful project completion. As a construction manager, deal with
risks based on their likelihood and impact. Tackle high-probability risks
first, then tackle low-probability risks. The same goes for effect.
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