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.
BMD has announced that it has been awarded an engineering, procurement and construction contract for works at the Hawkesdale wind Farm project in the south west region of Victoria.
The Cadia Valley gold operations in New South Wales is set to be expanded with the Newcrest Board approving a two-stage $865 million expansion project that will increase the mine’s processing capacity to up to 33Mtpa during the first stage.
The contract to build the $86 million Ellerton Drive extension project in Queanbeyan, New South Wales has been awarded to WBHO Infrastructure Pty Ltd and works are expected to soon.
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