Report Shows Collaboration Practices Reduce Risk On Large Projects

Report Shows Collaboration Practices Reduce Risk On Large Projects

Nine in 10 building owners and contractors believe that increasing collaboration among project teams can reduce risk of future claims, according to a new report by Dodge Data & Analytics sponsored by Procore. The report highlighted the value of collaboration approaches including regular team meetings, formal brainstorms, and groups of stakeholders coming together to develop risk management plans together. The notion of such proactive collaboration practices has long been known throughout the construction industry, but with the rise of mega projects comprising huge numbers of subcontractors and partners, the stakes for mitigating risk have only gotten higher. Among the findings... Read More