Understanding escalation can help project owners and other stakeholders navigate economic uncertainty and deliver projects with confidence. In this paper, Cumming Vice President and economic expert Dan Pomfrett defines escalation and the factors that contribute to it, describes recent escalation trends as well as expected patterns for 2020, and provides some general advice on how to apply this knowledge to a construction project.
The trade war between the U.S. and China has resulted in a series of tariffs from both countries that have had widespread impact on the construction industry. In this paper, Cumming Vice President and economic expert Dan Pomfrett takes a closer look at the details of these tariffs, including the rationale behind their implementation, their effects to date, and what to expect going forward.
Noted MEP estimating expert Pete Melucci details why published metrics are so valuable in producing estimates, and how their widespread adoption will enable construction projects overall to be more efficient, reliable, and transparent.
