Industry Best Practice
Disputes and extension of time claims average 10.7% of contract price, according to CRC Construction Innovation, an Australian research organization (Guide to Leading Practice for Dispute Avoidance and Resolution, 2009). A separate survey of 190 projects worth $20 billion (Scope for improvement, A survey of pressure points in Australian construction and infrastructure projects, 2006), [...]
The following may sound and feel a bit like a parable made up to convey a warning, but it’s a 100 percent true story. A major mining company invested several years and tens of millions of dollars on a massive feasibility study of a mineral deposit. When the study was complete, the company decided not [...]
An Aconex staff member recently called the help desk of another online service due to a problem with their account. The help desk person on the other end of the phone promptly logged into her account and fixed the problem. When challenged as to how he had logged into her account, he responded “I used [...]
ENR Mountain States reported last week that the team building the 23-mile link from downtown to Denver International Airport expects the project to come in 11 months early and $300m under budget. It’s one of many Denver, CO, transit projects being managed on the Aconex platform. The project is being designed and delivered by a [...]
