No.1 Reason Why 70% of capital projects are late, over budget, or both!

A poorly defined/communicated scope is the No. 1 root cause of construction project failure.

The No.1 Reason Why 70% of capital projects are late, over budget, or both = Poorly defined Scope of Work

A “hidden fact” leading to this failure point is that most owners don’t know how to clearly define and effectively communicate a Scope of Work.

At some point during the process a granular, detailed line-item list of construction tasks, complete with labor, material, equipment, and productivity (time) information is a MANDATORY requirement for defining a project and success measurement.

How many owners require a detailed scope and an associated proposal using granular local market data?

How many owners could even evaluate it?

 

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