Photo of Eric A Harvey “Employing a simple decision model that focuses on risk assessment, while considering some of the most urgent risks facing the industry, will better equip you to navigate future uncertainties,” the author writes.

INDIANAPOLIS—Real estate and construction professionals are accustomed to calculating subjective risk scores and risk-adjusted return on capital, but some industry executives may not be considering certain risks that impact enterprise on a daily basis. Executives have been trained to reduce risk management to a checklist or calculation that is triggered only under particular parameters, rather than using risk assessment as an active part of daily decision making. Even commonly practiced decision models fail to adequately focus on assessing risk. Employing a simple decision model that focuses on risk assessment, while considering some of the most urgent risks facing the industry, will better equip you to navigate future uncertainties.

Implementing a Risk-Adjusted Decision Model

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.