Risk Assessment Model: A Practical Guide for HVAC and Sheet Metal Contractors

Researcher(s)

Dennis Sowards
Quality Support Services
1437 N. Coleman Circle
Mesa, AZ 85201
Tel: (480) 835-1185
Email: dennis@YourQSS.com

Topics

Summary

Risk assessment, management, and mitigation are critical components to ensuring project success. This Risk Assessment Manual/Model:

  • Develops understandable model calculations to assess risk factors
  • Identifies risk mitigation options based on the nature and severity of the risks
  • Documents the process so that it can be followed by contractors

The report includes a documented process that guides the user in answering these questions:

  • What risks should I consider for this project?
  • What do I do about these risks, including countermeasures to manage the risk and/or adding a risk amount to the profit margin?

The report helps contractors as they seek to identify early on, which risks/opportunities deserve resources, develop early stages of an effective project risk assessment/management plan, and improve results using effective risk assessment/management tools.

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