Transcription of REINVENTING CONSTRUCTION: A ROUTE TO HIGHER …
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REINVENTING CONSTRUCTION: A ROUTE TO HIGHER …
REINVENTING construction : A ROUTE TO HIGHER . PRODUCTIVITY. FEBRUARY 2017. IN COLLABORATION WITH. MCKINSEY'S CAPITAL PROJECTS & INFRASTRUCTURE PRACTICE. EXECUTIVE SUMMARY. Since its founding in 1990, the McKinsey Global Institute (MGI) McKinsey's Capital Projects &. has sought to develop a deeper understanding of the evolving Infrastructure Practice global economy. As the business and economics research McKinsey's Capital Projects & Infrastructure arm of McKinsey & Company, MGI aims to provide leaders in Practice is a leading adviser on the planning, the commercial, public, and social sectors with the facts and financing, construction delivery, and operation insights on which to base management and policy decisions.
REINVENTING CONSTRUCTION The construction sector is one of the largest in the world economy, with about $10 trillion spent on construction-related goods and services every year. However, the industry’s productivity has trailed that of other sectors for decades, and there is a $1.6 trillion opportunity to close the gap.
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