Creating an accurate cost estimate in the present is challenging enough but extending that estimate into the future presents an even steeper incline. Whether it's a week, a year, or even a five-year ...

From financial dashboards to factory-based assembly, utilities and their contractors are deploying new tools and processes to improve project cost performance. In decades past, the decision to pursue ...

Imagine you’re a visionary city leader eager to deliver the new fire station your community needs. In 2024, you secure approval for a $20 million project, aiming to break ground by 2029. But have you ...

On April 10, 2025, the Central Development Working Party (CDWP) reviewed the 2nd Revised Project Concept-I (PC-I) of the Dasu Hydropower Project (HPP), which amounts to Rs1,737 billion. The CDWP ...

In today’s market, contractors often find themselves playing The Price is Right when bidding material costs — trying to hit the number just right without going over. But with new (and changing) ...

Construction activity is beginning to steady in many parts of the world, with costs not rising as fast as in recent years. Most countries expect escalations to be between 2% and 6% in 2026. This shows ...

In the construction industry, the choice of procurement approach is a critical decision that shapes project risk allocation, financing structures, equity support requirements, and practical execution ...