Create an extensive risk mitigation program.
Nowhere is a risk management plan more significant than on a construction site — from safety hazards and liability insurance risks to labor qualifications and critical capital project timelines. Developing a construction risk management plan is a vital step in mitigating risks and planning for the unexpected.
To recognize the appropriate level of risk tolerance for each venture, Exponent works with clients to tailor the project risk and opportunity assessment process to suit the level of detail and specific needs of each project. In combination with Exponent's expertise in diverse technical disciplines, this approach affords a total understanding of risks associated with the project and allows for the establishment of thorough mitigation plans. Through this process, Exponent's professionals collaborate with the client's key project team members to:
- Evaluate the cost estimate, schedule, and execution plan for the project
- Identify and assess project risks and opportunities
- Quantify the probability of occurrence, potential cost, and schedule impact for each risk or opportunity
- Establish a project risk management plan, including the development of risk mitigation strategies
Capabilities
Exponent's Construction Consulting team has extensive experience assisting project owners and construction site managers through all phases of the complex construction process. Learn more about our capabilities in risk management.
Our Capabilities Are Unparalleled
With expertise in over 90 disciplines and hundreds of capabilities, tools, and methodologies — we get to the root of even the most complex challenges and give you the objective answers you need.
![Skyscrapers surrounded by industrial cranes. Exponent technical support for construction claims.](/sites/default/files/styles/cards_home_card/public/media/images/Support-for-Construction-Claims-1600x840-1.png.webp?itok=HpjXRjcH)
Support for Construction Claims
Evidence-based analysis of construction claims, including business risks, delay, acceleration, and contract termination.
![Pleasant expert discusses project in office setting. Exponent's construction project advisory services help improve safety and efficiency.](/sites/default/files/styles/cards_home_card/public/media/images/GettyImages-533719066.jpg.webp?itok=5xc51wqZ)
Project Advisory Services for Construction
Construction project advisory services including front-end planning, project initiation, design, procurement, construction, and closeout.
![Exponent data science teams help you extract, clean, and organize data to make informed decisions.](/sites/default/files/styles/cards_home_card/public/media/images/GettyImages-1171740108.jpg.webp?itok=1g6e-aa8)
Capital Planning & Construction Advisory
Capital planning and consulting for high-value, high-risk construction projects.
![Business meeting and handshakes. Engineering support for international arbitration and construction disputes.](/sites/default/files/styles/cards_home_card/public/media/images/GettyImages-958531338.jpg.webp?itok=zw1SDp9b)
International Arbitration for Construction Challenges
Extensive international arbitration support for construction challenges and disputes.
![Construction consultant in an office meeting on cell phone, Exponent project management and schedule audits.](/sites/default/files/styles/cards_home_card/public/media/images/Construction_construction-meeting_1600x840.png.webp?itok=Qkas26t2)
Project Management & Schedule Audits for Construction Projects
Thorough project assessments to help identify and manage risks to construction project scopes and schedules.
![Construction worker stands on an elevated iron I-Beam. Exponent helps reduce cost and maximize ROI through construction cost analysis.](/sites/default/files/styles/cards_home_card/public/media/images/GettyImages-1298191558.jpg.webp?itok=h9iReB88)
Cost Analytics for Construction Projects
Project cost estimates, contract assessments, forensic material, and cost analyses for construction projects.
Experts
Our global and comprehensive expertise across industries gives us a deep understanding of current challenges, best industry practices, and the implications of emerging technologies.
![Winnie Hung, P.E., LEED AP](/sites/default/files/styles/people/public/media/images/winnie-hung-301-uuid-67523403d879e.png.webp?itok=2dVAgw7P)
![Susan Bomba, P.E., PMP, CCM](/sites/default/files/styles/people/public/media/images/susan-bomba-57-uuid-6750bc321991c.png.webp?itok=DecKofin)
![John Corbin](/sites/default/files/styles/people/public/media/images/john-corbin-123-uuid-6750bcaba768c.png.webp?itok=IXiFNzOI)
![Matt Grant, P.E.](/sites/default/files/styles/people/public/media/images/matt-grant-5118-uuid-67520d7c0eb3c.png.webp?itok=qtZJzjWf)