After a season of global labor shortages, supply chain challenges, and evolving regulations, the construction industry remains as optimistic as ever. According to InEight’s Global Capital Projects Outlook, Third Edition, 92% of owners and 99% of...
InEight Blog
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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Most people would agree with the general statement that increased collaboration in a business is a good thing. Since the new engineering contract model, version four (NEC4) has a reputation for improving collaboration between construction clients and suppliers, jumping onboard with such contracts should be a no-brainer, right? The answer, as usual, is that it […]
Spurred on by the gradual shift toward digital transformation to improve project outcomes, contractors are zeroing in on performance and progress data to monitor how well projects align with those outcomes. Many are using earned value management (EVM)https://ineight.com/process-solutions/earned-value-management/, widely considered to be an industry standard for calculating and tracking project performance metrics, as their method […]
As evidenced by the latest InEight Global Capital Projects Outlook report, contractors who use benchmarking simply perform better. Where we see the use of historical data and industry benchmarks it has a markedly positive impact on project certainty. However, over half of the industry still has not yet integrated this information into project planning and/or […]
Capital projects have long contended with blown budgets, compromised timelines, scope changes, design errors, change orders and inefficiencies, all exacerbated by manual practices. And the consequences have often resulted in costly construction disputes and lawsuits. It’s no wonder the industry has become a litigious one. Digging out of a legal ditch consumes precious time, money […]
Change is hard. This is something that most people, no matter their field of expertise, can agree upon. Giving up a common practice or a familiar way of working is not taken lightly or given up easily. But lately, it seems like resistance to change has been magnified even further in the construction industry as […]
The sophistication and complexity that define modern capital projects demand fine-tuned construction workflows that will keep tasks and data moving smoothly along the construction continuum. The challenge is when those workflows, once underway in the field, don’t align with the schedules and costs outlined at the project’s outset. Because despite all the careful workflow planning […]