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ARTICLE · 13 JUNE 2018

The insurance of project management activities

Article discusses how construction project managers may minimise their risk of inadequate cover.

AustraliaInsurance
Shannon Blain
Shannon Blain

In brief - How construction project managers may minimise their risk of inadequate cover

A project manager engaged on a major construction project will often undertake a number of tasks, which can be both diverse and complex. The project manager's diverse services often result in uncertainty about insurance cover.

This uncertainty arises because major and complex construction projects generally involve comprehensive insurance programmes to manage the flow of risk and liability arising in relation to various potential losses.

Often, project management is a functional role performed by the head contractor, rather than a service contracted to a third party "professional services firm".

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