Foresight Is Key To Large-Cap Construction Projects

By Scott Greer, David Strickland and Michael Yates (May 17, 2017, 11:10 AM EDT) -- The arduous, start-to-finish process of developing and constructing a large-scale project is akin to a marathon that begins at the earliest stages of development and ends after several years (or more) of technical and design development, complex commercial considerations, and lengthy engineering, procurement, construction, commissioning and start-up periods.

Most owners and developers already fully appreciate the significant, upfront technical efforts necessary for such projects to be successful. This article highlights some of the other early challenges faced by commercial, technical and legal personnel, and how early engagement between these personnel can yield significant positive results for the ultimate "finish line" —...

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