In this episode, hosts David Tibbetts and Shayne Gaffney break down risk mitigation plans and why they’re a critical part of managing both safety and financial risk. Using real-world examples, they discuss when corrective action plans, exception management plans, and other mitigation strategies are necessary, and how they should function as active tools, not paperwork that sits on a shelf.

They explore how to set the right tone when engaging contractors, what effective plans should include, and why follow-through and performance monitoring are essential to preventing serious incidents or project disruption.

Whether you’re evaluating contractors or managing active projects, this episode offers practical guidance on turning identified risks into meaningful action.