How we go about procuring buildings is of perennial importance for our industry, even as procurement evolves to suit market norms and conditions. A recurring challenge is the pursuit of safe passage through the construction phase, which is likely to be the riskiest phase in the whole life cycle of any built asset. Managing risk is the right starting point. Time, cost and quality are inextricably linked, but each may have a different risk prioritisation for any given project. Managing these risks is therefore both subjective and relative.
展开▼
