In recent months, nearly every aspect of society has been affected by the COVID-19 pandemic. The construction industry has not been spared. Globally, businesses and economies have been brought to their knees and, in an ultra-globalized world, a tangled web of risks and challenges for employers, contractors and other stakeholders in the construction industry have emerged. COVID-19 has not, broadly speaking, rendered construction projects impossible to complete, but it has drastically slowed them down and caused delay and disruption, even if only because supply chains have been severely disrupted. Depending on the region, many projects have even been stopped, usually however, with the intention to resume work at a later date.
At OPEX PM Project Contract risk and portolio management conference we will explore key considerations for contractors, operators and sharholders including: