Mastering Construction Risk Management: A General Contractor’s Perspective

 

When embarking on a new construction project, developers face a myriad of risks—financial uncertainties, scheduling delays, quality control issues, and much more. At The Douglas Company, we understand these challenges deeply. With nearly 50 years in the industry, we’ve refined a comprehensive approach to construction risk management. Our proprietary Integri-D Process is designed to guide you through every phase of your project, ensuring peace of mind and successful outcomes. Here’s a detailed look at how we manage construction risk from a general contractor’s perspective.

1. Risk Management in the Preconstruction Phase

Detailed Plan Review

Managing risk begins long before the first shovel hits the ground. At The Douglas Company, we meticulously review every iteration of project plans to ensure that the scope of work is accurately defined. This involves:

  • Thorough Analysis: Each plan is scrutinized for potential discrepancies or omissions.
  • Scope Confirmation: We verify that all components of the project are included in the plan to avoid unexpected costs and delays.

Pricing of Scope Changes and Value Engineering

Change is often inevitable in construction projects. To manage this risk, we provide transparent pricing for any scope changes and offer value engineering options. This allows you to make informed decisions about how changes will impact both the budget and timeline. Our goal is to ensure that you have a clear understanding of all financial implications before any modifications are made.

2. Utilizing Quality Subcontractors

Prequalification Process

The success of a construction project heavily relies on the quality of subcontractors. At The Douglas Company, we have a rigorous prequalification process to select only the best partners. This process includes:

  • Manpower and Experience Assessment: We assess whether subcontractors have the necessary manpower and experience for the project type.
  • Supplier Reference Checks: Ensuring subcontractors have a good payment record is crucial for maintaining project flow.
  • General Contractor References: We check with other general contractors about the subcontractor’s performance, quality, and responsiveness.
  • Jobsite Visits: On-site evaluations help us gauge the subcontractor’s current performance and their ability to meet project standards.

3. Adhering to Proven Process Systems

Consistency is key in managing construction risk. Our tried-and-true process systems are designed to deliver reliable project outcomes. By following established protocols, we minimize the likelihood of unexpected issues and ensure that each project phase transitions smoothly into the next. Click here for a more in-depth look at our Integri-D Process.

4. Implementing Quality Control Checklists

Inspection at Key Stages

Quality control is integral to mitigating risk. We employ detailed quality checklists to inspect work during critical stages:

  • Rough-In Stage: We ensure that all systems (electrical, plumbing, etc.) are installed according to specifications.
  • Finish Stage: Final inspections are conducted to confirm that all finishes meet the project’s quality standards.

These inspections help catch potential issues early, allowing for prompt corrections and reducing the risk of costly rework.

5. Thorough Project Closeout

Detailed Project Manuals

The project closeout phase is where we wrap up all loose ends and prepare the project for handover. Our comprehensive closeout process includes:

  • As-Builts: Detailed drawings that reflect the final state of the project.
  • Operating and Maintenance Manuals: Documentation for the ongoing operation and maintenance of the building systems.
  • Material Lists and Warranty Information: Complete records of all materials used and associated warranties to support future maintenance and repairs.

The Douglas Company’s Commitment

At The Douglas Company, our Integri-D Process is more than a set of procedures; it’s a commitment to our clients’ success. We work collaboratively with you from concept to completion, providing straightforward communication and proactive management. Our extensive portfolio and proven track record speak to our ability to handle complex projects while reducing risk.

Our approach allows developers to focus on running their communities and achieving their project goals while we handle the complexities of construction. By leveraging our experience, process systems, and quality control measures, we ensure that your project is completed on time, within budget, and to the highest standards.

If you’re considering your next project, let The Douglas Company be your trusted partner. With our deep industry knowledge and commitment to risk management, we’ll help you navigate the construction landscape with confidence.

For more information on how we can assist with your upcoming project, visit our website or explore our portfolio.

Pete Zimmerman
Vice President
The Douglas Company

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