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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