Balancing Risk And Reward: The Complexities Of Stadium Construction Projects

This article was written for the Engineering News-Record and first appeared here.

From grand designs to opening day, stadium construction projects present a captivating blend of high-profile opportunities and significant challenges and risks. Navigating this complex landscape is not easy, but when managed properly, the potential rewards, both in terms of reputation and finances, can make it a gamble worth taking. While each stadium project is different, some of the more common risks include:

1. Securing adequate labor, materials and equipment based on the size of the project;
2. Logistical concerns regarding the concurrent performance of multiple trade scopes on a single site;