Are joint ventures the answer to risk management?

Richard Jones CROP

In an uncertain world joining forces with another stakeholder has its rewards, but there are some key principles to keep in mind, says Arcadis’ Richard Jones

One of the consequences of the uncertainty in the housing sector brought about by covid-19 and Brexit is the need for the key stakeholders to adopt more robust risk management strategies. Increasingly we are seeing the adoption of joint venture or collaborative working practices at the heart of these strategies.

Primarily these joint venture arrangements are between public and private sector partners although not exclusively (there are examples of private/ private and public/ public partnerships).

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