Project controllers and project managers operate in the tension between cost, schedule and quality requirements. The associated liability and project risks require a sound understanding of practical processes and decision structures within such projects.

Risks can arise in particular from schedule delays, cost deviations or coordination deficiencies. In addition, incomplete decision bases, faulty forecasts or delayed warnings can contribute to wrong decisions and potential liability claims.

This risk situation is further influenced by current developments. Rising construction costs, volatile market conditions, increasing project complexity and dynamic requirements raise the likelihood of deviations and make them harder to manage. At the same time, the growing importance of data-based decision processes means that even imprecise or incomplete information can have significant effects.

In this environment, project controllers and project managers share responsibility for project success, often without direct control over operational implementation. This gives rise to liability risk, especially in connection with recommendations, analyses and steering services.

Our experts develop individual insurance solutions tailored precisely to the activity profile of project controllers. Risks beyond classic standard market solutions are also taken into account, for example deadline and schedule overruns under professional indemnity insurance.

As an alternative to your own cover, we already offer the second generation of combined builders’ all risks and liability insurance — efficient, integrated, digital. Where individual solutions otherwise lead to coordination effort, coverage gaps and disputes in the event of a claim, AIC BauKombi Insurance 4.0 provides clarity: liability and property risks are bundled object-related and without interfaces in a uniform coverage concept for everyone involved in construction, including project control.

In combination with AIC BauKombi insurance and optional construction warranty insurance, an integrated “full coverage concept” emerges for everyone involved in construction, including project control, that reliably covers the relevant construction risks.