What key aspect should be considered when a contractor has multiple ongoing projects?

Considering the potential exposure to various risks is crucial when a contractor has multiple ongoing projects. Each project comes with its unique set of risks, such as liability issues, environmental concerns, safety hazards, and financial implications. When managing multiple projects, these risks can multiply, leading to more complex exposure and requiring careful assessment and management strategies.

For instance, the contractor might face increased liability claims if an incident occurs at any project site. Additionally, if a contractor is unable to manage risks effectively across multiple sites, the financial strain could lead to challenges in protecting both their business and their clients.

While limitations on the number of jobs, proximity of job sites, and time management skills are all relevant considerations, they do not capture the breadth of risk exposure that encompasses client safety, project compliance, and overall business sustainability. Therefore, focusing on the various risks associated with ongoing projects ensures that the contractor can make informed decisions and maintain high safety and operational standards.