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The Lean Advantage for Large Construction Projects

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The Lean Advantage for Large Construction Projects

Industrializing Project Execution to Create Value

Boston Consulting Group,

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Large construction projects’ profitability is plummeting. It’s time for a new approach: a “lean approach.”

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Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

Large construction projects, such as “power plant and oil platform construction, civil and structural engineering, shipbuilding and railway network construction and maintenance,” generally experience scheduling delays and cost overruns. Christian Greiser, Roland Haslehner, Santiago Castagnino, Armin Lohr, Pascal Engel and Ailke Heidemann at The Boston Consulting Group analyze why the increasing complexity of large construction projects is negatively affecting productivity and profits, and they explain how a lean approach can help. getAbstract recommends this report all those involved in the management of large construction projects.

Summary

The increasing complexity of managing and executing modern-day large civil and structural construction projects across multiple industries negatively affects the productivity and profits of these projects. The complexities of construction projects involve not only the product, but also the process, which means coordinating among subcontractors and stakeholders, managing the supply chain, handling evolving customer specifications, finding the best people for various jobs, and scheduling and sequencing the necessary work. Contractors...

About the Authors

Christian Greiser, Roland Haslehner, Santiago Castagnino, Armin Lohr, Pascal Engel and Ailke Heidemann are experts at The Boston Consulting Group, a business management and strategy consulting firm.


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