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Keep up to dateBy Toby Hunt and Helen Collie 2021-12-29T05:00:00
Toby Hunt and Helen Collie share the lessons from the latest Crux Insight 2021 analysis of project cost and time overruns, which found design issues are now the top cause of disputes
After the initial hiatus of the pandemic, the UK construction industry appears to be rebounding strongly. Chronic housing undersupply, regional economic rebalancing and infrastructure upgrades will be powerful drivers as we exploit new technologies, build climate resilience and advance towards carbon net zero.
However, the rise in construction output comes amid heightened uncertainty. Skills shortages, supply bottlenecks, cost inflation and covid-19 multiply the risks facing major capital projects. Claims and disputes are already exacting a heavy toll, as HKA’s Crux Insight 2021 analysis shows.
The underlying causes are clear. We must mitigate these risks to avoid even more costly blow-outs and worsening delays.
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