5
December
by Jeffrey C Kadlowec, Registered Architect Construction projects are filled with uncertainty from conception to completion and beyond. These variables fluctuate within probable ranges, though an increase in any risk factor can affect project performance, typically results in greater cost and longer duration (Feng 2022). Decision making in early stages have the greatest impact on outcome when uncertainty is high, while changes made at later stages will come at highest costs. Proper planning is therefore crucial to project success and must incorporate financing, design, building and operations by knowledgeable and experienced personnel from various industries. Given the high levels of.
