Project risk management for Contractor’s All Risks (CAR), Erection All Risks (EAR) Insurance followed by Advanced Loss of Profit/Delay in Start Up (ALOP/DSU).
Risk management before and during the construction or erection of a project which can be a building, a factory, or a power plant.
The implementation of the risk management program allows anticipation of heavy losses by considering critical points and phases during the construction or erection.
It includes the ALOP monitoring which will assist in avoiding or mitigating any anticipated loss of profit component.