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ECA News

ARTICLE

Date ArticleType
6/5/2024 4:00:00 AM Industry News

Panel: The Age of Megaprojects

The Regional Plan Association (RPA), which services the New York/New Jersey/Connecticut triangle, hosted a panel earlier this spring to discuss the mega-project boom. 
 
Panelists from companies such as Turner Construction, Blackstone, the MTA and others discussed how those involved can help avoid the myriad pitfalls between approval and construction, and they explored the challenges of delivering massive infrastructure projects. They also shared best practices for contractors, advocates, and agencies to better develop, facilitate, and ultimately deliver transformative projects on time and on budget.
 
ConstructionDive.com offers a summary of the panel HERE. The three key takeaways are:
The importance of managing risk.
Making sure to take into consideration key factors such as labor needs, potential supply chain issues, and even climate change.
You'll need to navigate the political arena, from the local to federal levels along with the changing faces and ideals based on election successes/failures.
 
You can watch the entire panel conversation on the RPA’s website by clicking here (the conversation starts at the 23:45 mark).

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