Kenya: building a sustainable future
Kenya is East Africa’s largest economy and due to its strategic location, has a high profile on the international stage.
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Kenya is East Africa’s largest economy and due to its strategic location, has a high profile on the international stage.
While construction activity remains low, tender prices are expected to increase as the market responds to the new COVID-19 safe re-start measures, supply chain disruption and continuing labour shortages.
Project management has traditionally revolved around a constant schedule of site visits and face-to-face meetings but can now equally immerse clients in a remote working environment by putting them at the centre of their projects virtually.
As the construction industry adapts to COVID-19’s perfect storm of change – with its challenges and threats – two things are already apparent.
To understand first-hand the significance of COVID-19, we have conducted surveys with key contractors across Australia to understand the immediate pressures and the future longer-lasting challenges.
Risks are inherent in every major oil and gas project, and many owners believe that there is greater security in using a fixed price lump sum contract pricing model.
Accurately predicting how much contingency you might need on your project is a difficult but well understood issue. What can be even harder to calculate, is the rate at which you may need to spend it throughout the project, aligned to the risk profile.
The use of standard forms of contract as opposed to bespoke forms could help improve project delivery for organisations of all sizes.
As 30 Hudson Yards nears completion, Senior Vice President for WarnerMedia real estate Tom Santiago looks back at the decisions and milestones that set up and kept the project on track for success, passing on the lessons he has learned to the next generation of real estate leaders.