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Managing subcontractors and suppliers

Managing subcontractors and suppliers: Construction Management: Managing Risk
Managing subcontractors and suppliers: Construction Management: Managing Risk

One of the common methods of mitigating risk in construction is to transfer that risk to a party that is better suited to handle it, also known in construction as hiring a subcontractor. In this video, learn how subcontracting may shift some risks to the hired party, but there are also inherent risks. Look at these risks and methods to mitigate them while continuing to evaluate risk vs. reward.

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Skill Level Intermediate
59m 27s
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Skills covered in this course
Business CAD Construction Finance

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