As developers sound the alarm about the rising inflation and interest rates impacting construction projects, GeoFocus Group is increasing its efforts to help clients analyze their distressed projects while creating, implementing and executing a turnaround or recovery plan.
The construction industry is facing an unprecedented shortage of workers complex construction projects are often left to inexperienced, understaffed and underfinanced general contractors and site managers. According to leading construction company The GeoFocus GroupSkills shortage is a pressing issue that needs to be addressed.
“Projects are delayed, deficient and/or non-performing, leading to many failures and suspensions of construction projects,” said Adam Altobelli, the company’s president.
Adam referenced the need to examine the root causes of problematic, distressed and delayed projects and develop approaches to successfully assess, recover and complete their projects.
For example, The GeoFocus Group helps clients by assessing a project and running a recovery process that monitors and investigates the need for possible interventions. When intervention is required, the company uses internal staff to facilitate “boots on the ground” actions and ensures that staff with competent experience in delay analysis and project recovery participate in the completion of at-risk projects.
Clients have the expertise of GeoFocus Group as land acquisition experts, pre-construction consultants, construction managers, post-construction analysts, construction consulting specialists, owner representatives, project delivery and turnaround contractors, developers, payment certifiers, construction managers, contract administrators, and surveyors.
With project delay, adversity and disruptions plaguing the industry, Adam says GeoFocus Group offers leadership, experience and technical expertise. His more than 50-year record in the…
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