EU Membership Brings New Cost Challenges - ENR | McGraw-Hill Construction
Keywords: management, construction industry, labor, legislation, government, costs, analysis, ENR
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 12-DEC-07
Format: XML document
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Article Description| Managing construction costs in the emerging economies of the European Union’s newest member states poses a new set of problems for project managers running large fast-track projects in Romania and Hungary. Construction costs there are being driven by currency fluctuations, lack of skilled workers, outdated transportation infrastructure, unrealistically low bids, over-engineering of structures, lack of familiarity with fast-track procedures and conflicting standards between the EU and the new member states. |
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