15 August 2020
How To Extract More Value From Your Infrastructure CAPEX Projects Post-Crisis?
However, the COVID-19 crisis has radically changed the landscape and presented several new challenges for the future, demanding new strategies, investments, and tools. Before the Coronavirus pandemic, the average budget of a capital project typically overran by 65 percent. A further 50 percent of projects reported completion delays. Budget blowouts and schedule overruns can negatively impact the overall financial performance of a company and ultimately affect the share price. This was before a global pandemic - imagine how high the stakes are now.
Leaders have always dealt with the critical challenge of delivering CAPEX projects on time and to budget. However, the COVID-19 crisis has radically changed the landscape and presented several new challenges for the future, demanding new strategies, investments, and tools. Before the Coronavirus pandemic, the average budget of a capital project typically overran by 65 percent. A further 50 percent of projects reported completion delays. Budget blowouts and schedule overruns can negatively impact the overall financial performance of a company and ultimately affect the share price. This was before a global pandemic - imagine how high the stakes are now.
