By: Terence Creamer

The overheating global project economy has put the once-depressed engineering and construction (E&C) community back on to the front foot. But it also raises the spectre of risk for both contractors and their clients as human, material, logistics and financial resources are leveraged to near unprecedented levels.

In many cases in South Africa, project owners have leveraged their human resources at a ratio of one to 100. In other words, the client often has just one person for every 100 contractor and subcontractor staff.

The idea is to access skills in the C&E community immediately, while, hopefully, developing more of these resources internally as the projects evolve. This is a natural and obvious response to the skills challenge, but appears to be exacting a toll.

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Posted by dcjaya at November 15, 2007 12:46 AM