Our long history and experience is that, in general, the failure rate for construction projects has remained high. Why haven't advances in project-management science, computer technology and communications been more effectively brought to bear in our business? What about the advertised beneficial impacts of 3D computer-aideddesign, computerized critical-path method schedules and building information modeling? Are today's engineers not as good as those who built yesterday's megaprojects—the Panama Canal, the Empire State Building or the Hoover Dam?Owners, architects, engineers and contractors have been challenged to deliver capital projects on time and on budget because of their complexity and because of the
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.