Strategies for Accelerating Project Execution
20 Jan 2021
More than 75 percent of the companies responding to a recent survey from the National Association of Manufacturers (NAM) expect the COVID-19 pandemic will have a financial impact on their business, with more than 50 percent anticipating changes to their operations.
Prior to the pandemic many manufacturing companies had design and construction projects, either in progress or in the pipeline, with aggressive schedules. To slow the spread of the disease, many manufacturing operations and construction sites were shut down while new safety precautions were developed and implemented. Furthermore, uncertainty in the market caused many companies to delay committing large capital investments into expanding their operations.