Construction is one of the world’s most indispensable industries because it literally builds the physical infrastructure on which society runs. But its importance and the nature of its work, from both a human safety and business stability perspective, also make it very risky.
Budget-breaking project delays manifest in many forms: adverse weather, unforeseen or hazardous site conditions, design changes, scope creep, material and equipment delays, and more. Other common hurdles—like strict compliance regulations, unpredictable material prices, supply chain disruptions, skilled labor shortages, issues with subcontractors, and miscommunication—can also slow projects down, cause cost overruns, and make an already demanding job even more challenging.
It takes effort and dedication to run a...
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