flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Most top U.S. contractors rarely deliver projects on time: new study

Contractors

Most top U.S. contractors rarely deliver projects on time: new study

Struggles with supply chain disruptions, construction costs, and new sustainability requirements cause delays, according to a new study by XYZ Reality.


By Peter Fabris, Contributing Editor | June 26, 2023
Photo by Ricardo Gomez Angel on Unsplash
Photo by Ricardo Gomez Angel on Unsplash

About 63% of leading U.S. contractors are delivering projects out of schedule, according to a survey of over 300 C-suite executives and owners in the construction industry by XYZ Reality.

The study implies that the industry is struggling with significant backlogs due, in part, to avoidable defects, scan, and rework. The construction sector is also hampered by supply chain disruptions (cited by 52% of respondents), rising construction costs (43%), and meeting new sustainability requirements (36%).

Other reasons cited for falling short of schedule benchmarks include poor communication (45%), inexperienced workers (39%), and insufficient supervision (34%). This data suggests that a significant amount of human error is to blame, XYZ notes.

Design changes, or the misinterpretation of them, were also cited by about a quarter of respondents. To control costs and cope with industry challenges, contractors are increasingly looking to technology solutions such as augmented reality.

Related Stories

Sponsored | | Nov 26, 2014

Virtual reality in 3D models, iPhone thermal imaging: Inside one very cool tech toybox

A little over a year ago, I embarked on a search to find individuals in the AEC space who were putting new hardware to work in the field. 

| Nov 25, 2014

Behnisch Architekten unveils design for energy-positive building in Boston

The multi-use building for Artists For Humanity that is slated to be the largest energy positive commercial building in New England.

| Nov 25, 2014

Study: 85% of employees dissatisfied with their office environment

A vast majority of office workers feel open floor plans cause multiple distractions and that more private spaces are needed in today's offices, according to a new study by Steelcase and research firm IPSOS.

| Nov 25, 2014

Emerging design and operation strategies for the ambulatory team in transition

As healthcare systems shift their care models to be more responsive to patient-centered care, ambulatory care teams need to be positioned to operate efficiently in their everyday work environments, write CannonDesign Health Practice leaders Tonia Burnette and Mike Pukszta.

| Nov 24, 2014

Midsize construction firms see a brighter business horizon

Uncertainty about government spending clouds an otherwise positive economic outlook among 59 middle market construction firms polled recently by GE Capital.

| Nov 24, 2014

Adrian Smith + Gordon Gill-designed crystalline tower breaks ground in southwestern China

Fitted with an LED façade, the 468-meter Greenland Tower Chengdu will act as a light sculpture for the city of Chengdu.

| Nov 21, 2014

Rental apartment construction soars to 27-year high: WSJ report

The multifamily sector is now outpacing the peak construction rate in the previous housing cycle, in 2006, according to the WSJ. 

| Nov 21, 2014

Nonresidential Construction Index rises in fourth quarter

There are a number of reasons for optimism among respondents of FMI's quarterly Nonresidential Construction Index survey, including healthier backlogs and low inflation.

| Nov 21, 2014

NCARB: Number of architects in U.S. grows 1.6% in 2014, surpasses 107,500

The architecture profession continues to grow along with a gradually recovering economy, based on the results of the 2014 Survey of Architectural Registration Boards, conducted by the National Council of Architectural Registration Boards.

| Nov 20, 2014

Lean Led Design: How Building Teams can cut costs, reduce waste in healthcare construction projects

Healthcare organizations are under extreme pressure to reduce costs, writes CBRE Healthcare's Lora Schwartz. Tools like Lean Led Design are helping them cope.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021