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Construction Delays

How to Deal with (and Prevent) Commercial Construction Delays

by Jenny Clavero, eSub on May 11, 2020

As nearly anyone who works in commercial construction will tell you, delays are a big problem in the industry. How big? A McKinsey study found that a staggering 98 percent of megaprojects (those with budgets over $1 billion) faced cost overruns or delays. Another study found that 60 percent of construction cost overruns at all budgetary levels are due…

Topics: Business, Contracting
Construction Delays, eSUB

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