by C Fadipe | Oct 18, 2024 | Infrastructure Project
The UK government is set to launch the National Infrastructure and Service Transformation Authority (NISTA) by spring 2025. This new authority aims to address inefficiencies in the country’s infrastructure projects. These projects have struggled with cost...
by C Fadipe | Oct 9, 2024 | Infrastructure Project
Link text INTRODUCTION As reported by McKinsey (2022), “Infrastructure projects that integrate robust cost and change management strategies experience a 30% higher success rate in delivering projects on time and on budget. OVERVIEW Infrastructure projects, such...
by C Fadipe | Sep 12, 2024 | Infrastructure Project, News
UK construction sector recovery and challenges 2024 The UK construction industry continued its upward momentum in August 2024, marking the sixth consecutive month of growth, despite slight reduction in growth. The S&P Global UK Construction Purchasing...
by C Fadipe | Sep 5, 2024 | Infrastructure Project, News
Effective Construction Cost Management Strategies The construction industry, marked by its complex nature and dynamic environment, presents unique challenges when it comes to cost control. Here are some of the primary challenges that project managers and contractors...
by C Fadipe | Aug 8, 2024 | Infrastructure Project, News
A £3 billion project to transform Scotland’s Loch Ness into a massive energy storage facility is moving forward. Glen Earrach Energy (GEE) is spearheading the initiative, which involves building a 2GW pumped hydro energy storage (PHES) plant at the Balmacaan...
by C Fadipe | Aug 1, 2024 | Infrastructure Project
https://share-eu1.hsforms.com/1RzJVan2YQtCHGMVVOC5W5Ag3th8 INTRODUCTION According to a study by McKinsey & Company, 30% of large infrastructure projects face cost overruns of 20% or more, underscoring the need for meticulous project planning and financial...