Monday, 21 August 2017

Poor project management blamed for construction budget blowouts

Fletcher Building’s admission that it has struggled with poor project management on some of its biggest projects is an indication of a much wider problem.

That is according to a project management specialist, who says the industry as a whole is losing money hand over fist.

Fletcher Building’s chairman Sir Ralph Norris has blamed the $292 million loss in its construction division in 2017 to poor project management and governance, design changes and a lack of resources, specifically workers.

Accurate construction contract pricing was almost an art, he said at the company’s annual results last week.

from Ellie NZ Rss http://www.stuff.co.nz/business/property/95358391/Poor-project-management-blamed-for-construction-budget-blowouts




from
https://ellieplume83.wordpress.com/2017/08/21/poor-project-management-blamed-for-construction-budget-blowouts/

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