AI & Construction Law: An Essential And Inevitable Partnership - Part 1

Part 1: Risk and contract management

"Risk and contract management" may sound boring and tedious to some. However, when it comes to keeping on top of your construction contracts, nothing could be more important. Any tool which assists in this respect and increases the chances for a project's success is therefore essential. When we consider how artificial intelligence (AI) and machine learning may play a part in all of this, we see that the use of these tools is inevitable. It is only a matter of time before they become part and parcel of daily contract and project management routines. If risk and contract management become more reliable, more robust, easier and more efficient through the use of intelligent and automated processes, perhaps they may even become a bit more exciting to some.¹