Owners Surveyed on Capital Construction Risk Management

Mon September 29, 2008 - National Edition

FMI and CMAA (Construction Management Association of America) are conducting the Ninth Annual Survey of Owners. The survey is a definitive resource within the industry on building and construction owners’ perspectives. The popularity of this survey is due to the role CMAA has played in supporting project execution and fostering discussion around topics of concern to construction owners.

According to Jeff Lukowski, consultant at FMI, “Owners drive the construction industry. It is their push that drives innovation in the capital construction and that is precisely why their input is invaluable. Any information that can be gathered from this select group is central to predicting the future of the construction industry.”

The focus of this year’s survey is Capital Construction Risk Management and its impact on the construction process. In the final report, FMI will articulate the trends and best practices with regard to how owners mitigate and manage construction risk in today’s capital, material and labor intensive environment.

The results of the survey will be presented at the CMAA National Conference on Oct. 12 to 14, 2008, in San Francisco.

For more information, call 919/785-9211.