Unveiling the Critical Oversights in Feasibility Studies: Pitfalls and Solutions for Successful Mega Projects in the Construction Industry
1. Inadequate Market Assessment: The Missing Link Problem Failing to conduct a comprehensive market assessment undermines the understanding of in-demand trends, upcoming projects, and supply-demand dynamics, leading to misalignment with market needs. In the realm of large-scale construction projects, an essential aspect of feasibility studies is a thorough market assessment. However, inadequate market assessment remains […]
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The Human Factor: Why Workforce Competence is the Cornerstone of Megaproject Success
In the dynamic landscape of managing megaprojects within the construction sector, meticulous attention to the project’s human capital is imperative for success. Beyond the foundational stages of feasibility studies and project design, the focus shifts towards a diligent workforce that serves as the beating heart of large-scale construction endeavours. The importance of a competent and […]
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