Most Expensive Cities for Construction as of June 2021

The 20 most expensive international cities to construct a 4 / 5 Star Hotel or Class “A” Office Building: The average cost in Geneva Switzerland is $427 a Square Foot or $4,595 a Square Meter. The cost in Singapore is $362 a Square Foot or $3,895 a Square Meter. Cost Excludes Architectural / Engineering (Detailed […]

Why are so many Construction Projects unsuccessful in meeting their cost and schedule goals?

Cost Estimate Word Art

To protect against failure, construction organizations need to make sure all components of the project have been fully scoped out prior to the start of Detail Engineering, Procurement & Construction activities. Construction project cost overruns and schedule delays occur on more than 6 out of 10 construction projects. Compass International is frequently asked to investigate […]

Coronavirus Construction Cost Reduction Checklist

Coronavirus Construction Cost Reduction Checklist

The escalating consequences resulting from the Coronavirus Pandemic will drive the US & World economies into an unmatched contraction that could cause serious economic disruption & possible job loss that hasn’t been seen in the last 50 years. Approximately, just under 10 million US construction professionals & workers are employed in the US construction & […]

10 Ways to Improve Construction Labor Productivity:

construction productivity

Improving construction productivity can result in significant construction cost savings and result in earlier delivery of construction projects. There are numerous issues that impact construction labor performance and the related added cost of extended field in-directs. This article touches on some of the main issues that negatively impact Construction Labor Productivity. If these issues can […]