Foresight Featured in Data Center Dynamics
Foresight’s co-founder and professor of Megaproject Management at the Saïd Business School, at Oxford, Dr. Atif Ansar writes about the financial impact of time delays on data center construction -- in the Construction Channel of Data Center Dynamics.
There are multifaceted financial impacts of data center construction project delays, underscoring the necessity of adhering to schedules and mitigating time overruns. These financial impacts include:
• lost business opportunities and deferred income
• standing army costs
• minor delays can result in substantial SLA fines
• extended periods of debt servicing
• inflation can lead to materials and labor cost increases
• opportunity costs if developers cannot promptly start new projects
Transform your projects with our proven tools and witness a significant reduction in the duration of your projects while realizing a substantial return on investment. Our AI-enabled construction project management platform helps owners and contractors involved in major construction projects make data driven decisions by extracting insights from their complex construction schedules.
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