In the United States, healthcare consolidation is booming these days. The sheer number of healthcare-related mergers and acquisitions hit a new record in 2018, up from a record set just one year prior.
Project Controls SME, Enstoa
There’s no getting around it. The financial risks of doing work in the built environment are significant for everyone involved. Capital projects budgets are big, so the stakes are too. If you’re an owner, you’re often worried about expensive change orders and padded GMP budgets. If you’re a construction firm, you’ve almost definitely endured the burden of late payments by owners (while still having to pay your crew on time) and maybe even uninsured losses due to an owner’s overly narrow policy.
Vice President, Enstoa
If you work for a large company, chances are it has multiple construction and infrastructure projects in play throughout the year. It has, in other words, a capital projects portfolio—a collection of resource-intensive activities that it’s doing or considering doing.