Big Projects ME spoke with Andrew Skudder, CEO CCS, regarding the growing pressure the construction sector is under, as a result of a tightening economy. Construction companies should be looking at ways to streamline their business processes, improve cash flow management and tighten risk management. Those that sharpen internal processes and systems today will be best positioned for an upswing in government and private sector investment in the years to come.
The sector faces numerous challenges – poor economic growth, shrinking margins, skills shortages, rising resource and labour costs – which means it’s under pressure to start innovating.
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