Contractor Risk Assessment Tracker for Construction Projects
Why This is an Opportunity
The current workflow is fragmented and manual, requiring PMs to compile data from various sources without real-time insights. Our solution centralizes risk data, offers a scoring mechanism, and provides alerts for critical thresholds, making it easy to monitor at a glance. This is mostly CRUD operations with a reporting dashboard.
Key Pain Points
- •Manual data entry from disparate sources
- •Delayed risk adjustments due to monthly spreadsheet updates
- •No real-time alerts for critical risk factors
- •Requires toggling between multiple spreadsheets
- •Takes hours to compile a comprehensive risk report
Original Discovery
Construction project managers need to continuously evaluate subcontractor risks based on safety incidents, financial stability, and performance metrics. Currently, this involves sifting through spreadsheets and safety logs, resulting in outdated or inaccurate risk profiles. A web app that aggregates and scores risk factors, alerting managers to rising risks, could streamline decision-making.
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