The global challenge of managing innovation—and the risks that come with it—galvanized a record crowd of international engineers meeting in New Delhi, India, last month, as they struggle to raise the profession’s image worldwide and tackle the planet’s growing problems. Photo: Neelam Mathews International design-firms group FIDIC reports a record attendance at its conference last month in New Delhi. “In order for us to be innovative, it is time for our profession to be accorded higher standards so we’re not looked at as a commodity to be bought at the lowest price,” Gregs Thomopulos, president of the International Federation of
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.