The Infrastructure Investment and Jobs Act (IIJA) signed into law in 2021 has created a perfect opportunity to leave behind some commonly believed myths about capital construction projects and programs.
While the world lived through another year enduring a global pandemic, many industries, including construction, forged forward by adopting and integrating new ways of conducting daily business. Infrastructure Investment and Jobs Act (IIJA) was signed into law in 2021, creating a perfect opportunity to leave behind commonly believed myths held when it comes to capital construction projects.
Top ten commonly believed myths in the construction industry:
- Myth #1: The construction industry lives in the past
- Myth #2: Sustainability and construction don’t go together
- Myth #3: There is little inclusivity and diversity in the construction industry
- Myth #4: Collaboration across departments and amongst stakeholders is hard
- Myth #5: Only large agencies with big tech budgets can afford capital construction project management software
- Myth #6: Project data is always inconsistent
- Myth #7: Right of Way (ROW) and land acquisition is a tedious process
- Myth #8: Online public engagement is difficult to manage
- Myth #9: Construction projects are always delayed
- Myth #10: Cash flow is not transparent
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