About timelines and estimates in construction projects
"Managers" connected with a mega construction project for my university are targeting a timeline of less than 3 years for move-in to the facilities of about 1.5M gross square feet (gsf) area which is a large mix of buildings of engineering and science departments, offices, classrooms and housing etc. Their optimism defies the past experience on the same project where for about 0.9M gsf area of similar nature the project has taken more than 5 years, and yet the move-in date is (hopefully) one year from now. I have been sceptical about such optimistic estimates, and have been researching about the timelines and completion data about similar projects. In fact, in one of my earlier posts I tried to highlight some statistics about project failures and some of the key reasons for such slippages as observed by many project managers and organisations across the globe. Unrealistic estimates about complexity and real quantum of work is one of the major reasons for failure. Cons