Stem waste while building to boost real estate marginsReal estate returns have dwindled in the last couple of years. How do we expect high real estate margins when we are stuck to medieval construction ways that have normalised time and cost overruns on nearly every project? Lean construction? Project consultants whose professional fees are calculated based on a project contract sum are always reluctant to ensure that variations which increase project budgets are eliminated if not minimised. But we must be ingenious with our construction ways to achieve this.

Source: Standard Digital November 30, 2019 09:45 UTC