flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Most top U.S. contractors rarely deliver projects on time: new study

Contractors

Most top U.S. contractors rarely deliver projects on time: new study

Struggles with supply chain disruptions, construction costs, and new sustainability requirements cause delays, according to a new study by XYZ Reality.


By Peter Fabris, Contributing Editor | June 26, 2023
Photo by Ricardo Gomez Angel on Unsplash
Photo by Ricardo Gomez Angel on Unsplash

About 63% of leading U.S. contractors are delivering projects out of schedule, according to a survey of over 300 C-suite executives and owners in the construction industry by XYZ Reality.

The study implies that the industry is struggling with significant backlogs due, in part, to avoidable defects, scan, and rework. The construction sector is also hampered by supply chain disruptions (cited by 52% of respondents), rising construction costs (43%), and meeting new sustainability requirements (36%).

Other reasons cited for falling short of schedule benchmarks include poor communication (45%), inexperienced workers (39%), and insufficient supervision (34%). This data suggests that a significant amount of human error is to blame, XYZ notes.

Design changes, or the misinterpretation of them, were also cited by about a quarter of respondents. To control costs and cope with industry challenges, contractors are increasingly looking to technology solutions such as augmented reality.

Related Stories

| Jun 7, 2012

Craig joins Cannon Design as associate principal

Craig will work closely with the firm's Corporate/Commercial Interiors leadership to help facilitate initiatives that strengthen awareness around workplace innovation and offer counsel on strategic workplace decisions.

| Jun 7, 2012

Stantec publishes 2011 corporate Sustainability Report

Stantec's fifth annual Sustainability Report was prepared in accordance with the internationally recognized G3.1 Sustainability Reporting Guidelines, developed by the Global Reporting Initiative.

| Jun 6, 2012

KPF designs tower for Yongsan IBD

The master plan, created by Studio Daniel Libeskind, is a dynamic urban environment containing contributions from 19 different architects practicing in diverse locations around the globe.

| Jun 6, 2012

SOM urges Chicago tenants to partner with landlords to cut energy use

Tenants can exceed building energy challenge targets recently announced by Mayor Emanuel.

| Jun 6, 2012

KLMK Group awarded contract with Parkland Health & Hospital System in Texas

KLMK will also provide planning guidance in all aspects of the project related to facility activation.

| Jun 5, 2012

Cannon Design joins forces with Peter Ellis New Cities

Peter Ellis will now lead Cannon Design's urban planning and city design practice in collaboration with the firm's executive leadership.

| Jun 5, 2012

Walker Parking opens office in Abu Dhabi

Walker has been in Abu Dhabi since May 2011 but in a temporary office suite.

| Jun 5, 2012

Glumac hires Drit Shoemaker as new director of business development

Shoemaker will research, connect, and forge new client relationships with architects, developers, owners and brokers while strengthening relationships with current clients.

| Jun 5, 2012

Hoffman Architects Arbuckle elected president of New York/Tri-State DOCOMOMO

As chapter president, Arbuckle will guide and oversee the organization's efforts on behalf of Modern buildings and sites, and he will act as the main spokesperson for the organization. 

| Jun 4, 2012

Brownfield goes green

Chicago Center for Green Technology uses high-speed, energy-efficient hand dryers to share its green message and earn LEED credits.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021