Outline: Heavy Construction Industry Insurance and Risk Management? Introduction ? this involves the definition of the heavy construction industry, what it involves and reasons for insurance in brief. It also involves a brief description of risk management in the industry.? Heavy Construction Industry Insuranceo Analysis of the industry ? the section Discuss (check midcourse.net for the help you need)es what the heavy construction industry is, and parties involved.o Possible risks ? there are many risks in the heavy construction industry. What are the perils and manner they affect the industry.? Risk Managemento Analysis of Risk Management ? it is possibly the most intricate factor of project management. A project manager ought to be capable of recognizing and determining the basis of risks.o Techniques of risk management ? these include identifying the risk, evaluation, lessening and scrutinizing.o Risk management in the heavy construction industry ? the section evaluates the relevance of risk management in the industry.? Risk Insuranceo Reasons why the heavy construction industry need insurance ? a brief reminder of the industry and explanation of reasons why it should be insured.o Types of insurance in the heavy construction industry ? there are many types of insurance provided in this industry, those that have been implemented with illustrations of their application in specific construction industries.o A comparison and contrast of the insurances ? the section involves determining what differentiates these insurances and how each relates to risk management.o Recommendation ? based on the evaluated kinds of heavy construction industry, which is the most suitable insurance and why. How will the insurance selected result in effective risk management.? Conclusion ? the paper concludes with a summary of all that have been Discuss (check midcourse.net for the help you need)ed in the paper. This involves explaining in brief why the heavy construction industry needs to insure against risks..
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