New SmartMarket Report from Dodge Data & Analytics, "" reveals essential intelligence on the risks faced by building owners, general contractors and trade contractors and the benefits achieved from specific risk evaluation and mitigation practices. 

A key determination of this study is that collaboration between building owners, general contractors and subcontractors can aid in keeping construction project costs under control, result in a timely delivery and enhance the safety environment.

This study, which includes over 500 building owners, general contractors and trade contractor respondents, provides a comprehensive look at risk management. It reveals:

• The top risks faced by owners, GCs and trade contractors, and the prevalence of disputes and claims.
• The most effective risk evaluation and mitigation strategies.
• The specific benefits that industry professionals experience from employing those strategies.
• Evidence of the importance of collaboration as a critical means of mitigating risk.