While many factors contribute to construction project cost overruns, the primary factor is low productivity. In fact, construction is one of the few industries that is less productive now than it was 60 years ago. Low construction productivity costs the global economy $1.6 trillion a year. As costs from inefficiencies continue to soar, the construction industry must make productivity a priority. Download this ebook to learn the seven best ways to complete projects faster, reduce costs, win more bids, and increase profits.
We'll discuss ways to reduce inefficiencies by:
• Adopting new technology
• Using data to improve planning
• Implementing productivity training
• And more!