Humankind is responsible for some of the most breathtaking examples of construction and engineering ingenuity there’s ever been.
Humankind is also responsible for breathtaking levels of stupidity and screwing stuff up, especially in modern construction.
This industry hasn’t changed much in the last 50 years, and frankly, it’s in need of serious revision.
Contractors put the “con” in their names to good effect.
They can be notorious for deliberately misleading owners with too-good-to-be-true low bids.
They capitalize on owners’ inexperience, and they use the lack of information owners have of the profession to their advantage, often overwhelming their hapless victims with costly and time-consuming change orders and up-charges.
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10 Years Later, At 14x The Cost
There are countless modern day examples of construction projects that took way too long and went way over budget:
1. The San Francisco-Oakland Bay Bridge:
A magnitude 6.9 earthquake was the catalyst for building a new suspension bridge able to withstand earthquakes common in the region… but not before it surpassed its initial $1.1 billion budget by more than $5 million, and took five years longer to build than planned!
2. The Sydney Opera House in Australia:
Among the world’s most iconic buildings, and a pioneer of new construction methods and engineering, its status didn’t come without a price.
The Australian government pushed for an early start in construction due to fear of public backlash. Unfortunately, they started so early that the plans weren’t yet finalized, which resulted in having to rebuild the roof-supporting central podium columns.
A number of other setbacks and unforeseen disputes between the designer and the new Australian government led to the eventual completion of the opera house 10 years after its initial completion date, and at 14 times more than the original budget.
3. The Big Dig (the Central Artery/Tunnel Project):
If you’re a Bostonian, you’re surely familiar with the most expensive construction scheme in U.S. history.
A project whose goal was to speed the flow of traffic down Boston’s main artery by building a massive underground road consisting of eight to 10 lanes, erecting several major bridges, roads and tunnels – one of which going under Boston Harbor – was supposed to finish in 1998 for $2.6 billion.
It was finally completed in 2007 at a cost of $14.8 billion, but because of interest due on the borrowed funds to be paid through 2038, the real cost of the Big Dig is estimated to reach $22 billion.
There are many other examples I could cite, but you get the idea: construction projects are notorious for overblown budgets and seemingly never-ending delays.
“Doing the same thing over and over again, and expecting a different result” is Einstein’s definition of insanity. But it perfectly suits the current model of the construction industry. It remains broken, but history repeats itself.
I have witnessed some disastrous construction projects, and some of the most underhanded versions of humanity in my long career, which led me to come up with a better way.
A New Way Of Doing Construction
The Risk Free Construction Solution™ seeks those looking to improve their results year over year. This revolutionary system is for people who are willing to take chances and are open to new ideas.
Our system is atypical. We are atypical.
We don’t let projects get delayed by 10 years, 5 years, or 1 year. We don’t let costs run 14x the original estimate.
If you prefer the typical way of doing things, then you’ll get typical results, as with the above examples of failed construction projects.
But some people won’t settle. They want atypical, and they demand extraordinary.
When we work with these clients, magic happens!
The Solution for Today’s World
Buckminster Fuller said, “You never change things by fighting the existing reality. To change something, build a new model that makes the old model obsolete.”
I’m excited about Risk Free Construction Solution™ because it is the new model. It has enormous potential to improve how the entire construction industry operates.
The industry leaders, the forward thinkers and doers will be successful in creating predictable outcomes.
They’ll execute their projects with efficiency and cost-effectiveness.
And over time, as the movement builds, it will change the construction industry’s landscape forever.
Go here to learn about this process and exactly how it protects you on your project.
[Link to post – Complete Your Construction Project On Time And On Budget (A 6 Step Process)]
