
Top Five Ways to Mitigate Risk in Large Construction Projects
By Henry Baskerville The construction industry has experienced skyrocketing growth recently, but supply chain issues, labor shortages and inflation continue to stymie projects. Material costs are up from 20% to 80%, depending on the item. A recent poll of general contractors nationwide found that a full 80% were having difficulty finding qualified tradespeople and laborers to hire. And hiring was just half the battle. Retention can be even more difficult,