CONTENT EXPIRES: December 31, 2027 

In today's rapidly changing environment, understanding the intersection of economic trends, project delivery methods, and risk management is more critical than ever for the construction industry. This session will explore the following three interconnected topics that are shaping the industry's future: 

Economic Forecast: As the economy continues to recover and evolve in the wake of global disruptions, construction professionals must stay informed about key economic indicators that could influence project budgets, timelines, and resource availability. We'll provide insights into the latest economic trends and forecasts, focusing on how these changes are likely to impact the construction industry in the near and long term.  

Design-Build Market Trends: With shifting economic conditions, there has been a growing shift toward design-build. In this segment, we will discuss the current market trends in design-build, including market size, drivers, opportunities, and challenges.  

Managing Risk in Progressive Design-Build - Research in Progress: As design-build continues to grow in popularity, understanding how to effectively manage risk in progressive design-build contracts is paramount. This portion of the session will present research currently in progress into the unique challenges and risks associated with progressive design-build projects. You'll gain early insights into this ongoing research and its potential implications for best practices in managing risk in progressive design-build projects.