Remove Change Management Remove Cost Control Remove Risk Management
article thumbnail

Mark Wild radical reset plan to rescue HS2

Construction Enquirer

Performance-related pay rises for senior managers and excutive bonuses relating to last year have been scrapped. Wild’s four-point HS2 reset strategy Simplify the opening phase – by trimming features like automatic train operation and opening at lower speeds to reduce risk and allow earlier services.

article thumbnail

Infrastructure costs keep rising. Consider these approaches to mitigate them.

Civil + Structural Engineer

On one hand, the federal Bipartisan Infrastructure Law (BIL) has catalyzed unprecedented infrastructure investment, while on the other, rising costs for materials, labor and energy are squeezing project budgets and complicating project planning and execution. Infrastructure project delivery is at a crossroads. percent, which is a 2.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Episode 3: Cost Control in Construction Projects; Here’s how to control them

iField Smart

Cost overruns run large in the construction industry, leading to project delays, disputes, and financial losses. To mitigate these risks, the construction industry must implement robust cost control strategies. Risk Management on Site: Create contingency plans to address challenges that might come up unprecedented.

article thumbnail

When Speed Counts: EPCM Delivery for Industrial and Manufacturing Projects

Civil + Structural Engineer

Owners building complex industrial projects face a wide range of risks in delivering their projects as quickly and as cost-effectively as possible. For owners facing this scenario, integrated services like the Engineering, Procurement, and Construction Management (EPCM) delivery method may be the best option for your project.

article thumbnail

How Top Construction Firms Reinvent Cost Control

This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking. Learn how to structure contracts with price protections, streamline procurement workflows with automation, and avoid labor cost increases with smarter workforce planning.

article thumbnail

Early Contractor Involvement & Improved Sustainment / Construction Cost Management

Job Order Contracting

Construction = repair, renovation, maintenance, and new builds 4bt.us [contact-form] The post Early Contractor Involvement & Improved Sustainment / Construction Cost Management appeared first on 4BT. The issues associated with Traditional Construction * Project Delivery (DB, DBB, CMAR…) are clear.

article thumbnail

iFieldSmart Technologies: The Best Construction Scheduling Software Solution

iField Smart

In the complex world of construction project management, effective scheduling is the linchpin of success. Limited Real-Time Visibility: Outdated software fails to provide real-time insights into project progress, hindering proactive decision-making and risk mitigation.

article thumbnail

Boost Growth & Efficiency with a Unified Construction Software Platform

It integrates workflows like job costing, resource planning, forecasting, and compliance control into one system. This guide offers 12 reasons why CMiC is the right choice for reducing risk, increasing profitability, and preparing your business for growth. It helps manage bids, track resources, and easily handle change orders.