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NCE Podcast | Why construction must move from ‘lowest cost’ to ‘value procurement’ to reduce avoidable error
['Lee Kenny']
New Civil Engineer
He told New Civil Engineer news editor Lee Kenny about Giri’s work to reduce avoidable error across the construction industry and why he believes changing culture, improving planning and focusing on value rather than cost are essential.
Smith said Giri’s research found around 21% of project costs are attributable to avoidable error, a figure that equated to around £25bn a year across the UK construction industry.
He said Giri has focused on addressing the root causes of error since it was established following an Institution of Civil Engineers (ICE) discussion in 2015.
Loading…“It’s a question of getting the right technology to address your particular challenges,” he said.
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