Engineering and construction firms are under massive
pressure to deliver more for less. Has the time finally come for
the sector to start innovating?
The status quo in the construction industry is unsustainable.
Engineering and construction companies are under mounting pressure
to do more with less, to be more innovative and to become more
efficient. Yet costs and complexity are rising, risks are poorly
aligned and capabilities are becoming outdated. The need for change
is clear. The path to change is somewhat less so.
Start with the demand pressures. Governments and businesses are
under incredible pressure to deliver new infrastructure and
transform existing assets. But they only have so much capital
available. And it's not enough to cover everything. So project
owners are looking to cut costs, drive efficiency and get more for
less. They do not have the elasticity for cost overruns or delays.
Which means they are looking for construction partners to become
much
