Yes, labor availability is a construction risk that a contractor must face.
Yes, labor availability is a construction risk that a contractor must face.
Availability of skilled and reliable labor is crucial for the successful completion of construction projects. If labor is not readily available, it can lead to delays, increased costs, and potential quality issues. Contractors need to consider factors such as market conditions, labor market fluctuations, and the availability of subcontractors or specialized workers.
For example, if there is a shortage of skilled workers in a specific trade, it may be challenging for the contractor to find qualified workers within a reasonable timeframe. This can result in project delays or the need to hire less experienced workers, which may impact the overall quality of the construction.