The Domino Effect of Idle Time in Construction

The construction industry is one of the least productive sectors worldwide and costs the global economy 1.6 trillion dollars per year in lost value. By tackling what is commonly known as idle time (aka lost productivity), the astonishing 98% of construction megaprojects worldwide that experience costs overruns of more than 30%, and 77% that are at least 40% late could be something of the past. 

Dynamic Planning and Control of Civil Infrastructure Systems, Frontiers of Engineering: Reports on Leading-Edge Engineering from the 2001 NAE Symposium on Frontiers of Engineering

IDLE TIME in Construction Projects

Idle Time: The Silent (Profitability) Killer - myComply

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Idle Time: The Silent (Profitability) Killer - myComply

How to Track and Improve Equipment Utilization

The Domino Effect of Idle Time in Construction

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Equipment tracking to reduce idle time and avoid site delays

Idle Time: The Silent (Profitability) Killer - myComply

Keyword:payment delays - FasterCapital