A great deal of attention is given to infrastructure in the current administration, and the interest in the P3 model is apparent. The uncertainties with shifting of risk in alternative project delivery models has created a need for education. This panel will walk the audience through the risks and rewards of P3s.
The panel will demonstrate, through practical experience and audience engagement, how to ensure that risk is appropriately identified and allocated.
• P3s are emerging in the majority of states and panelists will provide insights to best approach new projects
• Case studies will identify potential challenges and provide practical insight on effectively approaching the P3 model
• Identify how both small and large projects can apply to contractors with means and methods to make a P3 project successful
• Provide insight on bonding and LOC requirements needed for P3 projects from a banking and insurance perspective
As Sub-Specialty Contractor’s how many times have we gone months into a project with cost projections and WIP schedules showing a project on Budget only to have it fade in the last few months of the contract schedule. Issues with our customers, lower tier subcontractors and suppliers, along with change order problems, unreasonable punch lists and general contract demands, back charges and many other “valid reasons” can impact a Sub-Specialty Contractor’s Financial Health.
Cyber-related attacks and data breaches continue to be among the most damaging and expensive risks facing organizations. However, many contractors still operate under the “If it’s not broke, don't fix it” approach to their information systems. Attendees will be educated on cyber attacks from a hacker's perspective as well as other current threats and trends, and learn strategies to take a proactive approach to security and overall risk management.
• Based on breaches from real data, what are some of the high level trends in cyber security and which of these are a concern for the construction industry
• Using breach scenarios, profile at a high level how breaches actually occur from the initial attack to data exfiltration (sensitive data leaving your company) • Highlight the three latest trends, defenses, and/or vulnerabilities in cyber security (ransomware, incident response, spectre and meltdown, etc.) and how they apply to the construction industry
• Define the Internet of Things (IoT) and what companies are doing to protect these devices as the world becomes more connected
• Conclude with a “Story from the Field”: Performing social engineering testing during a career in cyber securitySpeaker(s):