Project Disruptions Impacting Construction Industry
FMI, a provider of management consulting and investment banking to the engineering and construction industry, released its annual CURT Owners Survey. The report is based on surveying 45 member of the Construction Users Roundtable (CURT). CURT provides a national and international forum for the exchange of information, views, practices and policies of construction users from an array of industries and represents nearly $200 billion in capital and maintenance spending power.
How capital program owners respond to both the current and future environment will significantly influence their ability to effectively plan, design, procure and manage capital projects. Based on survey responses, many capital-program owners have already begun the process of identifying future challenges and mitigating the impact. However, more than half are not confident in their responses to date.
The survey addresses:
Traditional design/bid/build remains the most commonly selected delivery method. However, as project size increases, the use of other project delivery methods increases significantly.
To download a copy of the full report, click here. For reprint permission or to schedule an interview with the author, please contact Sarah Vizard Avallone at 919.785.9221.
|Last Updated on Tuesday, 18 December 2012 12:05|