Construction Risk Management

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OUR EXPERTISE

Construction Risk Management

NWM’s Construction Risk Management services involve identifying, assessing, and mitigating risks associated with construction projects. These risks can be financial, operational, environmental, or legal, and managing them effectively is crucial for the successful completion of any construction project.

250,000 +

Projects Completed

50

States

15

Years Of Experience

400 +

Lenders

Plan and Cost Review

Budget review

General Contractor Review

Post Construction Analysis

ABOUT CONSTRUCTION RISK MANAGEMENT

Key Components of Construction Risk Management

Risk Identification

Comprehensive Risk Identification: Recognizing potential risks that could impact the project.
Documenting Risks: Keeping detailed records of all identified risks to ensure they are tracked and managed throughout the project.

Risk Assessment

- Identify Risks: Evaluating the likelihood and potential impact of identified risks.
- Analyzing Financial Assumptions: Evaluating the validity of financial assumptions such as schedule of values, allowances, and market conditions to ensure budget accuracy.

Risk Mitigation

Developing Mitigation Strategies: Creating strategies to minimize the impact of identified risks, including contingency plans and cost control measures.
Monitoring and Adjusting: Continuously monitoring risks and the effectiveness of mitigation strategies, making adjustments as needed to address new or evolving risks.
Stakeholder Communication: Ensuring open communication with all stakeholders about risk management activities and any changes in risk status.

Progress Monitoring

Utilize NWM’s Progress Monitoring Services to track risks and report on their status throughout the project lifecycle.

We adhere to industry standards by utilizing RSMeans building data for cost feasibility, reviewing AIA contract documents for compliance, and applying CSI MasterFormat divisions for detailed cost breakdowns and specifications.

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Our Comprehensive Construction Risk Management Services

Budget Review

A construction budget review is a detailed examination of a project’s financial plan to ensure its accuracy, feasibility, and alignment with project goals.

Plan and Cost Review

A plan and cost review is a comprehensive assessment of a project’s scope, design, and associated costs to ensure they are accurate, feasible, and aligned with project objectives.

General Contractor Review

A general contractor review is an evaluation of a contractor’s qualifications, performance history, and capabilities to ensure they can successfully complete a project to the required standards.

Post Construction Analysis

A post-construction analysis is a comprehensive review conducted after project completion to evaluate the project’s performance, outcomes, and adherence to the original objectives, identifying lessons learned for future projects.

Along with these services, Construction Progress Monitoring can further enhance the management of construction risks.

PROJECT TYPES

Experienced In Every Project Type

Loan Types:

Residential

Commercial

Land Development

Modular

OUR TERRITORY

Providing Nationwide Services

We are proud to provide nationwide services to all our clients. You name the city, we’ve got you covered.

CONTACT US

Do You Have A Question?

Reach out to our team and we will answer any questions for you.

Address

6950 SW Hampton St
Suite 321
Tigard, OR 97223

Mailing

PO Box 25362
Portland, OR 97298

Phone

888.622.0397

Email

sales@nwmriskmanagement.com

GET IN TOUCH!

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Construction Risk Management

OUR EXPERTISE