Good planning is key to successful construction projects, survey reveals

Good project planning is one of the most important factors to prevent construction projects going over budget, says new research by the Association for Project Management. The recent survey by APM, the chartered body for the project profession, and Censuswide asked project professionals whose primary job in planning is to keep projects on or under budget to specify the factors that contribute to a successful project. Among project professionals whose main project is over budget, the most commonly cited factor was external factors beyond the project manager’s control. Those whose primary project is over schedule also tended to cite external factors as a contributing factor. Good project planning was cited most frequently by respondents in the construction sector, with 55% of survey respondents saying this had helped them to stick to their budget. 56% of respondents whose main project is on or ahead of schedule said good planning was a contributing factor for this, too.

Spotlight

Spotlight

Related News

Construction

Construction Partners, Inc. Completes Acquisitions in Alabama and Georgia

PR Newswire | January 03, 2024

Construction Partners, Inc, a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired SJ&L General Contractor, LLC, a hot-mix asphalt and sitework company headquartered in Huntsville, Alabama, and Littlefield Construction Company, a soil base, surface treatment and sitework company headquartered in Waycross, Georgia. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "A key component of our growth strategy is to actively expand service capabilities within existing markets. Both the SJ&L and Littlefield acquisitions expand our services offerings in existing markets while also adding valuable crews and equipment." Smith continued, "The greater Huntsville metro area and Interstate 65 corridor continue to experience tremendous growth, and we look forward to integrating the SJ&L team with our existing operations at our Alabama platform company, Wiregrass Construction Company. As a combined organization, we can now offer turnkey services spanning the construction value chain on both private and public project opportunities within this market. Likewise, our Georgia platform company, The Scruggs Company, entered the Waycross market just a few months ago through the establishment of a greenfield hot-mix asphalt plant. Now having acquired Littlefield, we are even better positioned to capitalize on a robust surface treatment market and to offer a full range of infrastructure services from a strategic location that can reach from the Port of Brunswick on the Atlantic coast into south-central Georgia. We are pleased to expand both of these crucial growth markets and proud to welcome the employees of SJ&L and Littlefield into our continually growing CPI family."

Read More

Engineering Tech, Construction

QMB Launches New MASH Tested Road Safety Products

PR Newswire | January 08, 2024

Driven by operational excellence and innovation, QMB proudly introduces its new cutting-edge line of products and movable barrier services across North America. Three Decades of Expertise QMB's evolution from a turnkey movable barrier operator and product distributor to an innovative manufacturer of specialized roadway safety products stands as a testament to three decades of passion and meaningful industry relationships. While QMB's sister company Versilis is well established as a leading manufacturer of automated gates and highway warning systems, it is no surprise that QMB is looking to bring its own wealth of experience to the market. Certified MASH TL-3 Crash Testing Success Amidst a busy year, QMB achieved certified MASH TL-3 crash testing for three groundbreaking products: The QUASH™ water-filled non-redirective crash attenuator, the TALL42™ Movable Barrier, and the HP-LOCK™ Portable Concrete Barrier. Comprehensive details, features, visuals, and videos are available on the new company website www.qmbsafety.com. QMB looks forward to gaining FHWA eligibility and state DOT approvals in 2024. Innovative Offerings and Turnkey Solutions While the QUASH™ attenuator and HP-LOCK™ technology will be available through distribution networks, QMB aims to provide turnkey solutions to movable barrier clients, covering mobilization, operation, and maintenance. This service guarantees optimized operation and efficiency, ultimately driving cost savings and ensuring peace of mind for clients. Marc Seguin, QMB's VP, enthusiastically shares, "This is an exciting new chapter in our history, and our team is fired up and ready for what's ahead.''

Read More

Engineering Tech, Construction

Day & Zimmermann Awarded $985M Tennessee Valley Authority Non-Nuclear Maintenance Contract

PR Newswire | January 05, 2024

Day & Zimmermann (D&Z) announced today that the Tennessee Valley Authority (TVA) has awarded its Maintenance and Construction division a contract to perform maintenance and modification (M&M) services for all of the utility's hydroelectric dams, gas, coal, and pumped-storage hydroelectricity facilities. D&Z will also perform scaffolding, coatings, insulation, asbestos abatement, and lead abatement work. The $985 million contract spans five years with the option to renew for an additional five years. Mobilization will be completed by the end of January. "As the nation's leading maintenance and modifications provider to the power industry, D&Z is best positioned to deliver innovation, a cost-effective and flexible delivery model, and safe and reliable, quality services to TVA," said John McCormick, president of D&Z's Maintenance and Construction division. "With our more than 25 years of experience working with TVA, we've grown to be part of the fabric of the region. We're honored to further lend our expertise and ultimately serve the people of the Tennessee Valley." D&Z has extensive experience and a strong partnership with the union building trades in and around the Valley, which helps the company optimize its resource pool in the area. The contract award underscores D&Z's ability in finding the right quantity and quality of craft professionals to help meet TVA's current and future needs. "As a strong utility partner, D&Z is vested in the Tennessee Valley's prosperity—its people, its community, and its energy needs. We hold long-standing relationships with union labor leaders at the local levels and have a proven track record of safety and developing skilled craft professionals and leadership," said Jason Dunaway, president of Day & Zimmermann's union operations. D&Z has a history of community outreach across the Tennessee Valley and a deep-rooted system of local diverse suppliers. In April 2022, TVA named D&Z its 2022 Prime Supplier of the Year through TVA's Diversity Alliance Program. D&Z has instituted an enterprise-wide supplier diversity initiative with defined diversity standards and processes and administers an employee recognition campaign that rewards employees financially for identifying and developing diverse suppliers. D&Z's Maintenance and Construction division helps customers in power, government, and industrial markets lower their total cost of ownership and do their best work better by delivering safe, first-time quality maintenance, construction, engineering, and specialty services.

Read More