2023 was a year of discovery across the construction industry. According to InEight’s Global Capital Projects Outlook, 2023 Edition, the largest organisations with the most capital projects consistently fell behind, nearly half (44%) consistently...
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Behind the Build
Browse our collection of construction blogs written by industry experts that offer insights on the latest trends in capital project management.
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Each capital project involves multiple types of financial outlay. Those expenses can fall into one of several classifications, with some of the more common ones being capital expenditures (CAPEX), sustaining capital projects (SUSCAP) and operating expenditures (OPEX). Because of the immense size and sophistication of many of today’s capital projects, how you address and manage […]
It’s no secret that having a consolidated picture of project status in the capital construction industry remains challenging. Complex projects are becoming even more complex — physically, commercially and environmentally — leaving traditional, disparate construction processes and systems struggling to keep up with an ever-growing demand for greater project certainty. With an average of only […]
In construction, efficiency is the name of the game. Certainly, at the project level, individual functions — estimating, scheduling and commissioning, for example — must be on point. But that efficiency must be more systemic for a contractor managing the entire construction process and subcontracting work to various tradespeople. Labor resources, such as on-site managers […]
The sheer size and complex nature of infrastructure projects and other substantial long-term builds requires careful planning and budgeting. Yet despite all good intentions and efforts, project outcomes rarely mirror exactly the expectations set at the beginning. And project owners, having grown weary of all-too-frequent runaway costs and delays, are rather apprehensive about taking on […]