In March of 1930, construction began on a project as mega as they come, The Empire State Building. Shortly over a year later, it was finished under budget. Why does this seem so impossible to us today?
Through an analysis of more than $1 trillion worth of capital projects over the past five years, McKinsey has uncovered the trend, we simply stopped collaborating well. In other words, there is a direct correlation between increasing productivity and improving basic project-management outcomes. Not only does this direction seem to offer the most promise for improving site and operational performance, but also the relationship between owners and the design construction teams themselves. It sounds simple, but the difficulty lies in how we tackle the challenge of productivity and with what tools?
Join ENR and AJ Waters, VP of Industry Solutions, InEight, and Dr. Theodore J. Weidner, Professor of Engineering Practice, Construction & Engineering Management, Purdue University, as we explore best practices and technology for improving productivity, and how these can help better align the overall interests of capital project owners and contractors alike.
In this webinar, topics covered include:
- Enhancing operational efficiencies by improving communication between owners and contractors
- Strengthening scenario planning by involving construction and procurement teams in the design phase
- Leveraging planning tools to improve operational and tactical success
- Optimizing processes with more effective change order management
- Empowering project management teams with the right technology tools at the right time