Stronger Controls for Change Order Risk

Change Orders are one of the biggest sources of financial risk in construction, and most teams are still managing them with manual processes that weren't built for the job. In this webinar, Clearstory founder Cameron Page walks through a Change Order Risk Control Matrix built from the ground up for the COR process.

Eight categories from scope identification through closeout, with a clear framework for spotting weak controls, understanding where digital workflows outperform manual ones, and making the whole process more audit-ready.

The matrix works regardless of your workflow or software stack. Bring it back to your team and put it to work the same day.

 

 

Key Takeaways:

 

The RACM is a baseline and a starting point, not legal or financial advice. Every company has different workflows, ERP systems, and field practices. It should be reviewed, tailored, and customized to your specific business with input from your team, auditors, and counsel.

The matrix covers full change order lifecycle, from first scope identification through final closeout, with key risks, controls, accountability owners, and financial statement assertion mapping for both GCs and subs.

 Key learnings from the webinar include: 

  • How to identify the most common risk categories across the Change Order process.
  • How to apply a risk control matrix framework to improve compliance and efficiency.
  • Why auditing plays a critical role in validating Change Order accuracy.
  • How stronger Change Order controls reduce disputes and financial exposure.