More often than not, the success of a particular construction project is determined by how well project leaders deal with risks. Risks are inherent in every business—and it’s obvious that they carry a dollar value—just look at the insurance industry. Contractors who are able to understand the risk factors in their business, and can work to mitigate these risks, are in a position not unlike insurance companies. By assuming more of the risk for the projects that they are involved with, contractors can take the burden of risk off of owners or subcontractors and charge a premium for doing so. Even if this doesn't become an actual source of profit in and of itself, contractors who work actively to understand and control risk are in a position to make smarter project decisions which can lead to higher profit margins.