Industry Trends: Megaprojects are on the Rise

They’re big, and they’re big business. Megaprojects — large-scale and often high-profile construction projects that cost $1 billion or more — are taking the industry by storm. When compared with “standard” projects, megaprojects are a different animal. They have ambitious objectives, lengthy lead times, amplified complexity and intense stakeholder involvement. Consequently, they come with bigger […]

It Pays to be Picky When Choosing a Business Partner

There comes a point in the existence of many construction companies when the owner may want to bring in a partner. This is usually a good sign – the company is probably growing and there’s just too much work or opportunity for one person to handle. If you find yourself in such a situation, be […]