Improve risk management

Poor risk allocation and management is driving up costs and reducing efficiencies and quality in the building and construction industry. There is a need for new thinking around risk and responsibility.

Scope

This priority area will explore how to:

  • Reshape procurement processes so that risk allocation and management is contracted in more sensible, equitable and fairer ways
  • Improve collaboration to better manage risk across the value chain
  • Align the risk-based consenting approach with the quality assurance approach
  • Change the regulatory environment to support the uptake of new materials and technology while maintaining acceptable risk management

Measuring success

We want to achieve the following shifts:

  • Procurement processes are more efficient
  • Less time and money is spent on legal advice, intervention and disagreement

Progress to date

Work to date investigating the issue of risk management and allocation, including:

 

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