On-Site Magazine

Risk Management

News ConstructionRisk Management

Project risk matrix

September 24, 2014 DAVID BOWCOTT

Everybody has a risk matrix these days. Often every major stakeholder in a project will develop their own risk matrix in order to identify, quantify and treat risks. This tool is very helpful, as it ensures proper due diligence around

Article Risk Management

Risk and capital: A paradigm shift for capital underwriting?

August 1, 2014 DAVID BOWCOTT

“We’ve always done it this way.” That statement represents the death of many a good idea. When the person questioning the way things are done hears those words, they often shrug their shoulders and simply go back to doing things

Article LawRisk Management

Law column: defining risk in construction contracts


Beware of what you warrant

Article Risk Management

Risk Column: It’s about the design

February 1, 2014 David Bowcott

Recently our construction and infrastructure team at Aon did some data mining in the area of project delays with a focus around Canadian P3 projects.  We’re lucky enough to have leading market share within the Canadian marketplace and that allows

Article Risk Management

Is there a need to revamp surety capacity measures?

December 1, 2013 DAVID BOWCOTT

Vital to most contractors’ existence is access to security that guarantees their contractual obligations to their clients. These guarantees take the form of parental guarantees, holdbacks, letters of credit, surety bonds, EDC performance security guarantees, subcontractor default insurance, cash reserves,

Article Risk ManagementSkills Development

Planning for success

October 1, 2013 DAVID BOWCOTT

Why are we so anxious to get started on our key projects that we are willing to forgo strong planning practices that will almost certainly improve our chances for success? There’s a feeling that if we aren’t actually doing what

Article Risk Management

Treating risk before and after

August 1, 2013 David Bowcott

Managing risk requires imagination and experience. In a lot of ways you’re trying to predict not only the future, but also all the steps you need to take prior, during and after a risk event occurs. This precognitive skill could

Article Risk Management

Celebrating failure to manage risk

April 1, 2013 David Bowcott

“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that

News ConstructionRisk ManagementSkills Development

IHSA aims to prevent fatalities with Working at Heights course

March 4, 2013 Don Procter

PREVENTING FATALITIES             Many construction workers in Ontario die or are seriously injured from falls –often from roof tops. Most of those tragic mishaps wouldn’t have happened if the workers had been in safety harnesses properly tied off at anchor

Article Risk Management

The problem with insurance

March 1, 2013 David Bowcott

Some of you may think there are several problems with insurance, but for the purposes of this article I’m going to focus on one problem that relates to construction projects and the operations of those projects after substantial completion. What

Article FinancingRisk Management

Suicide bid season is open for business

December 1, 2012 David Bowcott

Suicide bid season is upon us. This cyclical phenomenon is typically seen when the pipeline of construction projects in the economy start to drop off by a significant level. It is a regional occurrence so far, but even the most

EllisDon was recently awarded its first managed services contract for work being completed at PwC Tower in Toronto. Photo courtesy of EllisDon.
News ConstructionFinancingRisk ManagementSkills Development

EllisDon wins first managed services contract

November 16, 2012 On-Site staff

EllisDon recently entered new territory, when the company was awarded its first managed services contract for work being completed at PwC Tower in Toronto. The 650,000-sq.-ft. office building is owned by the British Columbia Investment Management Corporation and is located

News ConstructionFinancingRisk ManagementSkills Development

CCA announces new guide for cost predictability of construction projects

November 5, 2012 On-Site staff

The Canadian Construction Association (CCA) has made a new guide designed to improve cost predictability of construction projects available on its website as a free download. The document, titled Guide to Cost Predictability in Construction: An Analysis of Issues Affecting

News ConcreteConstructionConstruction MaterialsDemolitionFinancingLawLEEDP3sRisk ManagementSkills DevelopmentSoftware / Hardware

EllisDon launches Uprising

October 29, 2012 On-Site staff

EllisDon has launched Uprising, a crowdsourcing platform that has the potential to revolutionize construction problem solving. Uprising was created by EllisDon to “push problem-solving beyond the boundaries of any one company and into the collective intelligence of the world’s brightest

SOURCE: Paul Slovic (1987)
Article Risk Management

Aligning risk perception and reality

October 1, 2012 David Bowcott

Ideas with Paul Kennedy is a show put on by CBC Radio, and in mid-September they aired a two-part series on risk. The first part of the series focuses on how decisions are made based on the individual’s perception of

Some $400 million worth of equipment was stolen in 2010 in the U.S., according to the 2010 Equipment Theft Report published by the National Equipment Register (NER), Jersey City, N.J. As little as 19 per cent was recovered. Thinkstock photo.
Article Compact EquipmentFinancingHeavy EquipmentMachine ControlRisk ManagementTrucks

Hot iron

October 1, 2012 Jim Barnes

Do thieves think you are an easy target?

Article FinancingInfrastructureLEEDP3sRisk Management

Better bids

August 1, 2012 Jim Barnes

Clarity, accurate risk allocation are keys to effective contracts

Article Risk Management

Choosing a risk advisor

August 1, 2012 David Bowcott

Change abounds within the construction industry. Never has your choice of business advisor been so important, and given the increasing level of risk dialogue going on in the Canadian construction marketplace, your choice of risk advisor could mean the difference between losing or winning jobs. Before we

Article FinancingInfrastructureLEEDRisk Management

Preparing for Pan-Am

August 1, 2012 Andrew Snook

Getting the Athletes’ Village ready for the Toronto 2015 Pan/Parapan Games

Ontario Place
News ConstructionInfrastructureLEEDP3sRisk Management

Advisory panel: Turn Ontario Place into a mixed-use facility

July 26, 2012 Andrew Snook

The final report on the fate of Ontario Place was released today and the message is clear: park it, all year round. Turning Ontario Place into a multi-use site that features waterfront and parkland for the public to enjoy was