Q. What is the importance of risk assessment in construction project?

What is the importance of risk assessment in construction project?

Risk assessment refers to determine and foreseeing the future situation and event that might harm your work and projects. In the field of construction risk assessment can help to determine risk and control it on time so that minimum or no harm is done to the project in future.
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Jan, 2023

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Economy

Supply, demand and rate, defines economy. The surplus production at on place is sent to a place of scarcity. With the growth in population it has been quite a task for countries to maintain a balanced economy. Economics is the study of making sound choices. An economically literate population improves the public ability to comprehend and evaluate critical issues. Economy is the art of making the most of all, which includes not just earning well but also spending well.

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