Electric Perspectives: Managing Capital Projects in a Seller's Market

Approaches and tools that facilitate owner empowerment will be critical for successful capital project delivery.
January, 2009

Today’s volatile and uncertain construction environment can put owners at a distinct disadvantage in executing projects on time and for a reasonable and predictable cost. This environment, when combined with the complexity or novelty of many energy projects such as large-scale transmission, wind, solar, efficiency, environmental retrofits, and next generation nuclear, is resulting in a shift of greater project risk to owners.

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