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Thursday, February 27, 2014

Balancing Risk and Cost to Make Projects Survive Severe Weather

Buildings collapsing due to storms, heavy rainfall, floods and other natural calamities highlight the significance of the steps that require to be incorporated in building projects that can actually withstand and survive severe weather conditions. Contractors need to focus on the precautionary steps that must be taken in order to protect buildings from natural hazards.

It is important to invest money on the prevention measures than at remedial works after a calamity. Just as Network Rail that has been asked by the Office of Rail Regulation to make sure that each region of the UK offers climate resilience plan by September this year, it is essential that proper plan is followed and remedial factors are focused. According to the Highways Agency, preventive measures are a priority now in relation to climate change adaptation.

The precautionary measures should strike a balance between risk and cost. It is of course a matter of debate as to check the probability of an event to take expensive preventive steps or the same expense should be invested elsewhere. With the increasing problem of heavy rain and floods recently, clients want to ensure the safety and protect their assets.

Contractors can take various steps to help-out clients. For an attractive bid, contractors should make it clear to the potential client that the whole-life cost of a project has been calculated and the weather conditions have been modeled and considered.

They can also set their business apart by offering advice on strengthening all kinds of construction projects against adverse weather conditions. Thus they can leave behind a legacy for the future generation with a bridge, rail, road, infrastructure system etc. that have survived the worst weather conditions.

Balancing Risk and Cost to Make Projects Survive Severe Weather

Published By
Tuhin Maity

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