Like the global building sector, Middle Eastern construction has had its fair share of challenges in recent years. In order to meet the aggressive schedules of destination-scale projects, more than one-third of the construction experts surveyed recently in the area believe that improving supply chain performance, project governance, and procurement strategy refinement are critical goals.
Due to the urgency of the situation, asset owners must embrace best practices and strategic innovations while identifying the most important areas for process improvement. These actions are essential to the effective realization of visions that have great financial and cultural significance for nations in the region.
A Significant Chance for Development in 2024
Rework dramatically affects project timetables and drives up prices in the worldwide construction industry. Rework accounts for thirty per cent of construction activities since an expected 35 per cent of projects will need a significant adjustment. Large financial losses result from this inefficiency. It will cost more than US$177 billion a year only in the United States. Redesigns are to blame for eighty per cent of this substantial expense.
The potential financial impact, when concluded to destination-scale projects in the Middle East, may exceed US$310 billion, or more than Finland’s GDP. The comparison between the two clearly shows how asset owners must implement better project governance practices in order to reduce expensive setbacks.
Additional Read: Construction Costs in UAE and Saudi Arabia Set to Increase
Rework Minimization
Due to misaligned judgements that disregard the supply chain’s limitations and capabilities, a large amount of rework is the result of insufficient expert input and validation during the design phase. In order to reduce rework from the beginning of a project’s life cycle, the asset owner must find trustworthy partners with the necessary capacity and knowledge. In order to assess the project design against market realities and create the best technical and financial parameters prior to the design being approved and the procurement process starting, these partners function as extensions of the asset owner’s team, drawing on their specialised knowledge and vast industry experience.
After the design has been authorized, more effort is needed to evaluate bidders, oversee installation to guarantee adherence to approved work plans, manage quality control at the material source, and create method statements. To reduce the likelihood of rework during the development lifecycle and guarantee the asset owner on-time, on-budget project delivery, quality management from beginning to end is necessary.
The Middle East is establishing new worldwide standards for project ambition and execution with its destination-scale initiatives. New projects like King Salman Boulevard by DGDA and Zardun by Neom, which were just announced, will spur the region’s building boom even more.
Asset owners should take advantage of this opportunity to implement more efficient methods for reducing rework in order to fulfill their commitments in 2024 and beyond. Moving forward, these buildings will be remembered for the creative processes they pioneer, which will usher in a new era of world-class construction, as much as for the way they transform skylines.
Additional Read: Solving the Worker Shortage in Middle East Construction
In conclusion, the construction industry in the Middle East is set to undergo a massive transformation in the coming years. With projects like NEOM and Vision 2030 on the horizon, the demand for skilled labor is only going to increase. As a job seeker or a business looking to tap into this market, it’s important to partner with a reliable recruitment agency that understands the nuances of the industry and has the expertise to provide tailored solutions.
At Dynamic Staffing Services, we are committed to revolutionizing the construction industry in the Middle East by providing access to top-tier talent and fostering career growth. With decades of experience and a deep understanding of the market, we are well-equipped to help businesses and candidates navigate through the complexities of the job market and connect seamlessly.
Whether you are a skilled worker looking for job opportunities in the Middle East or a business looking to expand your workforce, we are your ideal partner. Contact us at enquiry@dss-hr.com or +91-11-40410000 to find out more about what we offer and how we can support you in achieving your goals in the construction sector.
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