THE INFRASTRUCTURE BILL & LABOR SHORTAGE The bipartisan Infrastructure Investment and Jobs Act (IIJA) will bring $550 billion of new federal investments in America’s infrastructure over the next five years. How will that affect the labor and staffing needs in the construction industry? And what does it mean for project owners? The impending construction boom and how firms in the industry respond...
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Meeting The Infrastructure Moment: How Owners of Projects/Programs Will or Won’t Succeed – Part 7
Systems Big Data, machine learning, blockchain, and augmented reality are all hot topics across industries right now. In the Construction industry, discussion of digital twins, robotics, and automation of processes are talked about as if they might be just around the corner. While there is no doubt that such advancements are having and will continue to have a material impact on the construction...
Continue reading →Meeting The Infrastructure Moment: How Owners of Projects/Programs Will or Won’t Succeed – Part 6
The Best Approaches to Ensuring Compliance Once your organization has developed internal structure, processes, and procedures as we covered in Part I of our series, and then as it has progressed to develop a detailed plan and budget as we covered in parts 4 and 5 of our series, the next step to successfully delivering the program is to establish systems, processes, and staff dedicated to...
Continue reading →Meeting The Infrastructure Moment: How Owners of Projects/Programs Will or Won’t Succeed – Part 5
Budgets/Cost Management There is nothing more important in achieving the program’s objective than a comprehensive project budget. The success of a project hinges on getting the alignment of budget goals, scope, schedule, and quality right at the beginning of the project and maintaining this alignment throughout the project life cycle. As we covered in Part IV of our series, the approach to...
Continue reading →Meeting The Infrastructure Moment: How Owners of Projects/Programs Will or Won’t Succeed – Part 4
Scope Considerations and Planning In an institution in the northeast, there was a bit of a joke that at least three initial planning studies needed to be completed prior to a project being ready to go forward…into planning. While this may make some cringe, the fact is that most Owners struggle with planning and executing an effective planning process that encompasses a comprehensive and defined...
Continue reading →Meeting The Infrastructure Moment: How Owners of Projects/Programs Will or Won’t Succeed – Part 3
The Importance of a Trained Workforce: Formalization, Implementation, and Benefits Once an organization has established their governance structure, they have a strategic, ethical, and operational responsibility to train their workforce for the mission to be successful. Organizations that will be most successful in implementing a formalized training program will embrace investing to aggregate...
Continue reading →Meeting The Infrastructure Moment: How Owners of Projects/Programs Will or Won’t Succeed – Part 2
Are you and your organization ready to deliver? Recent legislation is an alphabet soup of huge new funding sources for public and private organizations alike, and a great opportunity for organizations to embrace long awaited transformation. Owners of infrastructure have the opportunity to offer improved and new services to passengers, residents, students, patients, and communities.
Continue reading →Meeting The Infrastructure Moment: How Owners of Projects/Programs Will or Won’t Succeed – Part 1
We have some celebrating to do! Recently the #ARPA passed with $465 Billion in funding allowable to support infrastructure and #IIJA passed with an additional $1Trillion in funding for infrastructure of all types. Finally, owners, lenders, and developers of infrastructure across the US will have the opportunity to access funding to repair, maintain and expand critical infrastructure of all types...
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