The ultimate achievement for any construction company is to be able to report that the project came in on-time and on-budget. Learn the difference between a streamlined procurement method and the delays that can result in infamy.
If profit is the ultimate measure of a construction company, imagine telling your boss that you'd gone over budget by 1990%. Some poor bloke in Canada had to when the Montreal Olympic Stadium went from a forecasted cost of $148, 667,400 to $3,107,148.600 three years later.
Don't forget to check out the world's greatest projects that were budget nightmares.
The next stage of works under the Southern Projects program in Tasmania are expected to commence in the summer construction season, with tenders for the Macquarie/Davey Street Bus Improvement project released to market.
Construction has begun on a vital section of the $80.6 million South West Loddon pipeline project at Korong Vale which will help strengthen Victoria’s water grid.
Today the first sod has been turned for major works on the $384.24 million Cooroy to Curra Section C project which will widen the Bruce Highway to four lanes between the Traveston interchange and the proposed Woondum interchange, south of Gympie.
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