Mark Fields on risk management
From Avoiding disputes in large capital projects with Fluor’s Mark Fields · · BIC Magazine
“I think a lot of times when you see disputes you look at you know there's a different view on who owned the risk. You have fair sometimes you have risks that are unbalanced. People take on risks be it the owner or the contractor that they really don't control. When they can't control the risk and those risks actually mature, then that usually leads to a dispute or a serious discussion about who's going to compensate for those risks.”
On , Mark Fields, Group President of Project Execution at FLUOR CORP, spoke about risk management during Avoiding disputes in large capital projects with Fluor’s Mark Fields on BIC Magazine.
About Mark Fields
Mark Fields, group president of project execution at Fluor, spoke at the ECC Annual PerspECCtives Conference in September 2025 about avoiding disputes in large capital projects. He stated that a good contract with a clear division of responsibility is foundational, and that collaborative models with aligned incentives for both owner and contractor teams are often the most successful. Fields advocated for early intervention tools, such as regular change meetings and the use of neutral third parties to analyze issues, and said that resolving disagreements requires maturity and a fair and balanced view from both parties. He also noted that disputes often arise when one party takes on a risk it does not control. In earlier remarks from 2024, Fields discussed his career at Fluor, describing moves from the Midwest to California, then to Africa, and later to Thailand, where he worked on a refinery project that he said transformed a small village into a town with industry and employment. He encouraged young people to be flexible and willing to move to opportunities for growth and development.