Construction 2025
Is anyone else of the opinion that the Construction 2025 report is similar to the rubbish we have been reading in previous reports?
If all of the savings projected in all the reports had actually been delivered, construction would now be free. There is a list of similar reports all the way back to 1934 at Construction Industry Reports.
They all say similar things, but fail to resolve the contradiction between making substantial savings in construction costs whilst also delivering whole-life value. Whole life value requires recognition of the fact that the cost of construction is tiny compared to the cost of running a business through the life of a building - ie short term savings may run against long term interests.
The list of government reports reciting all the ways in which the construction industry is wasteful and inefficient is long and old. Seeing as the government very rarely gets a good deal from public sector construction, perhaps it would be best to revise the incentives behind these projects, since there is no client other than the taxpayers, who will socialise the financial loss of any lack of productivity or delays, with no power to pull out and withdraw investment.
If efficiency, waste reduction and value-for-money is what the government is after, perhaps it should concede more of its functions to private enterprises, who would not be able to finance themselves indefinitely in a coercive way.
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