Summary of The Lean Advantage for Large Construction Projects
Industrializing Project Execution to Create Value
Boston Consulting Group, 2015
Large construction projects’ profitability is plummeting. It’s time for a new approach: a “lean approach.”
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.
In this summary, you will learn
- Why modern-day large construction projects so often suffer time and cost overruns,
- How the lean approach’s four “lean principles” and six “actionable levers” can help contractors combat this trend, and
- How contractors can begin to apply and test the lean approach in their own future projects.
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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