Why Construction Projects Still Struggle With Failure Costs
What you learn from this free whitepaper
The construction industry creates many of the world’s most complex, beautiful and essential structures. And stricter regulations, energy transition demands, and climate change result in projects becoming even more complex.
Unfortunately, projects frequently suffer from massive cost overruns and delays, creating ongoing concerns within the industry. The question arises: why do construction projects continue to struggle with these cost overruns, and what can be done to mitigate them?
This paper covers:
- The true extent of failure costs within the construction industry.
- What are the most commonly cited causes of construction project cost overruns.
- The effectiveness of current mitigation measures.
- Our perspective on the underlying cause of cost overruns on construction projects.
- A proposed direction that finally addresses the root of the problem.
