Looking for something? Unlock the construction industry’s latest buzzwords, trends, and technology with Maxwell GeoSystems’ dynamic glossary!
The process of tracking conditions and performance as they happen, using sensors, IoT devices, and monitoring systems. It enables instant detection of anomalies and rapid response to potential risks. Real-time data supports informed decision-making and helps maintain safety, quality, and efficiency in projects.
The process of identifying, evaluating, and applying strategies to minimize potential risks in a project. It includes preventive measures, contingency planning, and continuous monitoring to minimize impact. Effective risk mitigation ensures safety, reduces delays, and protects financial and reputational interests.
This glossary provides clear, concise definitions of key concepts in construction and infrastructure management, helping readers understand the technologies, processes, and practices that shape the industry. It serves as a quick reference for both technical and non-technical audiences looking to stay informed in a rapidly evolving field.
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