No construction project is risk free

No construction project is risk free.
Risk can by managed, minimized, shared, transferred or accepted. It cannot be ignored!
– Sir Michael Latham (1994)

 

Wikipedia.org:

Sir Michael Anthony Latham (born 20 November 1942, Southport, Lancashire) was British Conservative Member of Parliament for Melton from February 1974 to 1983, and for Rutland and Melton from 1983 until he stood down in 1992.
In 1994, he wrote the influential joint government and industry report ‘Constructing the Team’ (known as the Latham Report). In it he advocated partnerships within the fragmented construction industry.
He is Chairman of the Construction Industry Training Board, of ConstructionSkills, the Sector Skills Council for Construction, Deputy Chairman of Willmott Dixon Limited, Chairman of the Collaborative Working Centre Limited and was from 2000-2005 non-executive Deputy Chairman of BIW Technologies.