The Impact Of Insurance Policies To Building Project Contracts

ABSTRACTConstruction industry is subject to more risk and uncertainty than many other industries. The development of a construction project from inception to completion takes a long time and involves many phases. It brings workers with different skills and interests together and involves the use of large and diverse set ofequipments. All of these complex requirements have to be handled with proper co-ordination to provide a smooth flow of activities. It is necessary to identify and analyse the risks that may appear during project risks means the control of the project itself .Insurance is, of …