
Today’s global infrastructure investment, estimated to be $2.5 trillion per year, falls short of the $3.3 trillion annual investment needed to keep pace with expected growth, not to mention renewal of existing aging infrastructure. With funding flat or declining, new ways of increasing productivity by streamlining project delivery are needed, according to a 2016 report from McKinsey & Company, “Bridging Global Infrastructure Gaps.” The report also states that improving project selection and maximizing existing assets could result in cost savings as high as 40 percent, which would help close the gap. But just how can streamlining project delivery lead to increased productivity — particularly in the case of complex water and wastewater projects?
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