The Industrial Construction Cycle: Where Are We?
The focus of this oil and gas report is to assess the current state and future prospects for industrial construction along the Texas-Louisiana Gulf Coast region. The analyses has keyed on questions such as: what are the construction consequences of an increase in capacity utilization or a decline in chemical prices or an improvement in process technology for industries like chemical production, natural gas liquefaction and export, and electricity generation, among others. As with typical forecasts, the results of these investigations have not been definitive, yet despite the relative uncertainty, such efforts can be useful, because they provide a framework for thinking about the future.
In general, the analyses have pointed to the worrisome aspects of the current boom in industrial construction. In particular, capacity utilization for chemicals and for petroleum refining are low, raising questions about the wisdom of adding more chemical plants, natural gas processing facilities, and petroleum refineries to the world supply. But national oil companies are reportedly planning to expand their capacity to produce chemicals and refined petroleum products, part of an effort to lift revenues given lower crude prices.
Use the form to the right to download this report and read more…
A Detailed Look at the Labor Shortage Impact On Projects
Craft labor shortages are a serious issue with a huge impact on project productivity. To gain a better understanding of productivity from their perspective, the Construction Labor Market Analyzer and the Construction Users Roundtable have collaborated in recent years to conduct surveys of construction owners, contractors and unions across the U.S.
Not only does this white paper examine productivity past and present, it also discusses the impact of labor risk on project outcomes; and concludes by offering owner recommendations for addressing labor risk in an imbalanced market and improving construction productivity. With such a clear correlation between productivity decline and the labor shortage, effective risk management, productivity tracking and workforce growth is vital to improving project outcomes and the construction industry overall.
How Owners Can Overcome Labor Risk Problems on a Project
Your career and the future of your company can depend on your ability to successfully and consistently deliver industrial construction projects safely, within budget and on time. The last thing you want is for your project to fall behind and face disruptions due to labor imbalances.
To help you with this, we’ve put together an eBook to help you recognize and avoid labor risk on your construction project. Our eBook also covers exactly how these different types of risks can become long-term problems within your project if left unchecked.
Accidents Are Avoidable
Too often, construction is dangerous and unfortunately, there are still too many construction accidents during projects. It doesn’t have to be this way. On the continual journey to achieving an accident-free work site, leading indicators are an effective way to understand your safety risks and whether your construction project will likely experience more accidents than average.
Our guide can’t stop accidents from happening on your construction site, but it can help you identify accident risk factors and plan accordingly, preventing injuries and delays to keep your workers safe and your project on schedule.