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hello and welcome to this webinar from KHL in partnership with idea jensamp;#39;s Mail Manager on the subject of curing the headache of rework some people say that reducing rework is the Holy Grail of construction uh we might have to ask our speakers about that later but itamp;#39;s certainly true that rework can and should be reduced particular ularly given some of the technological tools that we uh have at our Disposal today itamp;#39;s also true to say that major construction projects are very likely to encounter largely unforeseen events such as weather delays changes in a project scope or timeline material shortages possibly even a global pandemic the question is are these unforeseen events enough to explain constructions historically poor productivity record and that is a cue for some statistics so ing to research from McKenzie and Company 98% of Mega projects suffer from cost overruns of more than 30% 98% of Mega projects 77% of large construction projects are time delayed by
