Browsing: project management News
The National Audit Office commends the 10-year refurbishment of Buckingham Palace, which remains within its £369m budget despite challenges.Initiated in 2017, the project aims to update…
CBRE, a leading US commercial estate agent, is enhancing its global project management by merging with Turner & Townsend, a UK firm.The merger will result in…
The strategic allocation of risk in construction contracts is crucial to project success, navigating numerous uncertainties and complexities inherent to the industry.External and internal factors such…
A recent parliamentary report has raised alarms about the UK’s capability to deliver its ambitious infrastructure plans. The report, authored by the Public Accounts Committee (PAC),…
The Procure Partnerships Framework has announced the opening of bids for its new professional services framework, marking a substantial £800m opportunity over the next four years.Following…
Recent trends indicate an increased inclination to hire contractors among UK employers.A notable 32% of employers intend to hire more contract staff this year.The forthcoming IR35…
Recent research highlights a significant challenge in project management across various industries.According to the Project Management Institute (PMI), 26% of projects do not meet their business…
A recent survey of over 1,000 project management professionals highlights growing concerns about the skills gap. Conducted by the Association for Project Management (APM), the results…
Megaprojects play a crucial role in advancing societal infrastructure, yet only a small fraction succeed in staying within budget and on schedule.Only around 8.5% of megaprojects…
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editor@financial-news.co.uk.
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