Construction Business: Strategy, Risk and Regulations

Could this be the year of construction management?

By John Setra 2024-02-22T07:00:00

John Setra of construction management specialists K2CM argues for an alternative to the design and build method of procuring substantial projects

Many clients and investors are nervous about current market conditions, with all the resulting uncertainty and real risk of contractor insolvency, even of the largest construction companies. Laing O’Rourke’s recent record losses are a stark reminder of the difficulties faced by contractors.

With the background of a technical recession, high interest rates, material price inflation and skills shortages, the construction market has never seemed so precarious. So could the flexibility of construction management be the right solution for managing these risks?

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