In the second part of FMI's Labor Productivity Study, we dive into prefabrication. Understanding the current opportunities and challenges with prefabrication can help construction companies understand needed shifts in strategies and business models to successfully integrate it.
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Labor productivity is the central economic engine of labor-intensive, self-performing contractors that drives profitability. Our research suggests that contractors lost approximately $30 billion to $40 billion to labor inefficiencies in 2022. Download the 2023 Labor Productivity Study to learn more.
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Field positions are the hardest to fill. Discover top challenges for field leaders and how to invest in their development.
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The talent cliff if looming, with 93% of construction industry respondents saying they're having trouble finding qualified talent. Discover more insights into the state of E&C industry talent.
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Learn what top executives see as the biggest risks for 2023 in the latest FMI/AGC risk survey.
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A recession is coming and many are wondering how long and how severe the downturn will be. In this paper, we outline three potential recession scenarios and how that will impact the engineering and construction industry.
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Learn what top executives see as the biggest risks for 2022 in the latest FMI/AGC risk survey.
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In this white paper, we explore the three pillars that underpin a successful design-build approach for E&C companies of all sizes and across all customer verticals.
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At its core, the construction equipment fleet is meant to facilitate the building of projects. Yet, somewhere along the way, many in our industry lost sight of this truth and became lovers of equipment for its own sake. We propose a concept that should be less controversial than it will be – that the equipment fleet is a strategic asset and should be managed as one.
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In this final segment on how to right projects that go awry, we provide a practical framework for executives to work through the key issues impacting a project while also allowing project staff to focus their energies on completing the project.
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