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apc sa offers a variety of risk
management solutions that meet a diverse set of customer
needs. our services enable clients to convert prospective
ideas into reality by providing a distinct strategy to
manage and also develop and approach alternative risk
programs tailored to their specific needs.in order to
maintain quality and balance in the contingencies of risk
associated with contractual, financial, operational
requirements, proper risk identification is vital. our risk
management process entails identifying key construction
exposures and formulating an effective program to mitigate
the potential for loss.by utilizing a holistic approach to
assessing multiple risk factors, we help our clients manage
construction deficit mitigation, construction risks and
construction deficit mitigation, construction risks and
exposure, complex insurance programs and help eliminate
total losses.
construction professionals need
to know how to balance the contingencies of risk with their
specific contractual, financial, operational and
organizational requirements. in order to achieve this
balance, proper risk identification and risk analysis is
required. the risk management process entails identifying
construction risks and exposures, and formulating an
effective risk management strategy to mitigate the potential
for loss.
many construction professionals look at risks individually
with a myopic lens and do not realize the potential impact
that other associated risks may have on their business
operations. using a holistic risk management approach will
enable a firm to identify all of the organization's business
risks. this will increase the probability of risk
mitigation, with the ultimate goal of total risk
elimination.
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the two most problematic areas for construction
professionals to effectively manage are contractual risks
and the i nsurability of projects. contract reviews and
insurance facilitation are critical components on an
effective risk mitigation and management program. insurance
facilitation assumes the probability that accidents will
occur and seeks an efficient way of distributing and/or
transferring the risk.
in many instances the ultimate loss is transferred to the
insurer, using conventional insurance as the risk transfer
method. in other instances, the use of contractual risk
transfer methods, utilizing indemnification provisions, are
used. however, in most cases, the combination of insurance,
risk financing, and contract indemnification provisions are
used.
indemnification can be viewed from the perspective of worker
safety and avoidance of accidents, with an emphasis on the
exculpatory aspects of indemnification. however, sometimes
escaping liability and the associated consequences can
create problems with the misuse of indemnification
provisions. particularly, with the broad form or
intermediate form, which can exculpate the indemnities from
his/her own wrongdoing or negligence.
problems with indemnification provisions can occur, for
example, if a prime contractor removes the indemnification
provision from all of its subcontract agreements. this
minimizes the prime contractor's responsibility, and could
minimize the incentive for the prime contractor to properly
control project operations. this could also increase the
potential for injuries to workers at the project jobsite.
construction professionals should be aware that contract
indemnification provisions are statutory. they require legal
interpretation from the appropriate legal counsel with
knowledge of indemnification statutes for the client's
specific geographical area, or where the proposed
construction project under consideration will be built.
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more foresight, fewer setbacks. you can identify, prevent
and mitigate potential costly delays and disruptions before
breaking ground or during project execution with apc sa锟絪
risk management services. our construction experts
understand the changing engineering and construction
industries and draw upon years of experience to provide
cost-effective solutions that work. we锟絣l be there
throughout the construction process, helping you to make
informed decisions and keep your project moving forward.
apc sa provides construction and engineering risk management
by identifying and analyzing potential risks that may occur
throughout the construction process. apc sa锟絪 construction
management team performs risk assessments on construction
projects to assist our clients in preventing and mitigating
costly potential delays and disruptions.
as the complexity of construction and engineering projects
changes, the magnitude of risk involved for owners,
contractors, architects, and engineers increases the
possibility of negative impacts and damages on projects. apc sa
recognizes this potential. our construction risk consultants
adapt to the continuously changing engineering and
construction industries while maintaining proven practices
and procedures throughout the construction process.
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construction risk
management services |
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risk
identification |
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contract and
specification requirements |
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disaster prevention
and relief planning |
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probability
assessments |
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constructability
review |
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multi-variable
regression analysis |
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sensitivity
analysis |
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modeling risk
profiles |
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international
risk
evaluations |
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request for
information (rfi) assessment |
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cost
escalation
analysis |
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risk monitoring |
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schedule & cost
forecasting |
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delays and
disruptions |
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decision
risk
analysis |
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damage assessment |
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