Kanga Metrics
Why Projects Fail
Every failed construction project can usually be traced to one or more of four causes:
- Poor understanding of scope
- Poor pricing
- Poor planning
- Poor execution
Most contractors focus heavily on execution while giving insufficient attention to the earlier stages of project development. A contractor may mobilize resources to site only to discover that key materials were overlooked during pricing. Another contractor may secure a project at an unrealistically low price and spend months trying to recover losses. Others create schedules that look impressive but have little relationship to actual site operations.
The consequences are predictable:
- Delays
- Cost overruns
- Claims
- Disputes
- Cash flow problems
- Project failure
The purpose of this book is to provide a practical framework that helps contractors avoid these outcomes.
Four Pillars of Success
Every successful construction project rests on four pillars:
Scope
As a contractor you must clearly understand what is to be delivered.
Time
As a contractor you must understand when it must be delivered.
Cost
As a contractor you must understand how much it will cost to deliver.
Quality
As a contractor you must understand the required standard of delivery.
A weakness in any of these pillars threatens the success of the entire project.
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