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Video

In this video, McKinsey experts describe how high-rise buildings might change in the coming decade—and how construction and real-estate companies should evolve.

Aliza DzikJennifer KilianJan MischkeAditya Sanghvi, and Gernot Strube, McKinsey & Company

Article

Industry leaders are using the agile approach to reimagine how capital projects are delivered.

Claire de Weerdt, Alistair Hamilton, Kevin Stokvis, and Pasley Weeks, McKinsey & Company

Article

We are taking the advice we typically give our clients and applying it to our own construction project—and we’ll be sharing the challenges and lessons as we go.

Ailke Heidemann, Cinzia Lacopeta, Sebastian Overlack, and Gernot Strube, McKinsey & Company

Article

Tony Hansen, Global Infrastructure Initiative

Article

Despite promising early successes, collaborative contracts remain a tough sell, especially in the context of a pandemic. Best practices can help project owners transition to greater collaboration.

Jim Banaszak, Jeff Billows, Rudi Blankestijn, Matthieu Dussud, and Rebecka Pritchard, McKinsey & Company

Article

Attracting private capital to help finance infrastructure projects is more important than ever, according to Michael Sabia, chair of the Canada Infrastructure Bank.

Michael Sabia, Canada Infrastructure Bank

Article

Climate change poses serious threats to infrastructure systems and the human lives that depend on them. It’s time for industry players to begin building resilience.

Brodie Boland, Peter Cooper, Kimberly Henderson, Robert Palter, and Jonathan Woetzel, McKinsey & Company

Article

COVID-19 has reinforced the need for new ways to fund projects. Approaches taken on urban transportation projects shed light on a potential path forward.

Clare Burgess, Paul Carrington, Alain Dodds, Joanna Lilley, Michael Pearson, and Nick Wong, Clifford Chance

Article

Montréal’s Réseau express métropolitain (REM), a new light-rail network currently under construction, serves as a model for how investors can help build crucial infrastructure quickly and sustainably.

Macky Tall, CDPQ Infra

Article

US infrastructure could again act as the country’s central nervous system—if the industry joins together to pursue connected construction.

Bryn Fosburgh, Trimble

Article

Market changes, technological progress, and disruptive entrants will overhaul industry dynamics. All players must choose whether to defend the core or to reinvent themselves.

Timmy Andersson, Jonas BiörckJan Mischke, and Erik Sjödin, McKinsey & Company

Article

An ecosystem of connected digital twins is the start of a new approach to planning and managing assets.

Mark Enzer, CDBB and Mott MacDonald

Article

Building companies seeking to make informed materials-procurement choices may confront data that are either lacking or too complex. A precompetitive consortium has responded with a free, open-source tool that anyone can use to help fill in the gaps.

Lynelle Cameron, Autodesk

Article

At the sixth Global Infrastructure Initiative Summit, experts shared perspectives on how the infrastructure industry has responded to the COVID-19 crisis, how it can restart and reset, and how it can integrate pre-COVID-19 agendas with post-pandemic realities.

Article

Engineering, construction, and building materials have a vital role to play in a post-pandemic recovery of our communities and economies. Seven actions can help companies prepare for the next normal.

Jonas Biörck, Jose Luis Blanco, Jan Mischke, Maria João Ribeirinho, David Rockhill, Erik Sjödin, and Gernot Strube, McKinsey & Company

Article

Standby agreements for major capital projects can help preserve relationships as well as shore up suppliers’ and contractors’ solvency during construction standstills.

David Metzger, Clifford Chance

Article

COVID-19 is a humanitarian challenge that will have lasting effects on how people live, work, and play. By acting today, real estate leaders can best serve end users and ensure their own viability.

Vaibhav Gujral, Robert Palter, Aditya Sanghvi, and Brian Vickery, McKinsey & Company

Article

At the sixth Global Infrastructure Initiative Summit, experts shared perspectives on how the infrastructure industry has responded to the COVID-19 crisis, how it can restart and reset, and how it can integrate pre-COVID-19 agendas with post-pandemic realities.

Article

Amid the pandemic, many CFOs are struggling to stabilize cash flows. A quick reset of capital spending—which can usually be achieved in about four weeks—can help them reach their goals.

Tom Brinded, Zak Cutler, Erikhans Kok, and Prakash Parbhoo, McKinsey & Company

Article

While much of the world is stalled, one global engineering consultancy is planning for the recovery by reorganizing its employee engagement while preserving engineering and construction operations.

Paul Dollin, WSP

Article

Owners and contractors can protect both workers and project economics by embracing a more efficient approach to project execution.

Shu’aib Mahomed, Praveen Matta, Piotr Pikul, Filippo Rossi, and Samer Theodory, McKinsey & Company

Article

Advancing infrastructure projects means owners must protect people, projects, and performance. This will require adopting an agile posture, continually assessing risks, and adjusting operations.

Jim Banaszak, Roberto Charron, Jack Guevara, and Kevin Stokvis, McKinsey & Company
Article

Research demonstrates that greater diversity creates better organizational and financial performance. Leaders from GII’s Building Change roundtable in San Francisco discuss the value of diversity and strategies for organizations to develop a more diverse and inclusive workforce.

Video

The mobility, energy and infrastructure sectors are converging and will need to adapt to major disruptive forces—technological, societal and environmental. Leaders from GII’s Building Change roundtable in San Francisco describe these new challenges and how to begin adapting to disruption now.

Video

Research demonstrates that greater diversity creates better organizational and financial performance. Leaders from GII’s Building Change roundtable in San Francisco discuss the impact of diversity and strategies for organizations to develop a more diverse and inclusive workforce.

Article

Mobility, energy and infrastructure are converging and need to adapt to major disruptive forces—technological, societal and environmental. Leaders from GII’s Building Change roundtable in San Francisco describe these new challenges how and how to begin adapting to disruption now.

Article

Industry leaders convened to address environmental and technological disruptions, their impacts on the infrastructure industry, and paths for moving forward.

Kimberly Henderson, Shannon Peloquin, Giulia Siccardo, and Holly Skillin, McKinsey & Company

Article

It’s more important than ever for leaders to overcome fears and embrace the new energy landscape. Empowering consumers to make informed decisions can help.

Katy George, McKinsey & Company, and Lynn Jurich, Sunrun

Article

Tony Hansen, Global Infrastructure Initiative

Article

The current labor shortage is just one reason why automation, if approached in the right way, could have a positive effect on the construction industry.

Michael Chui and Jan Mischke, McKinsey & Company

Article

As the construction industry evolves, industry leaders share their takes on how the workforce will respond.

Article

The energy, resources, and infrastructure sectors are low on a crucial source of talent: women. New data shed light on the size of the problem—and point to potential solutions.

Donatela Bellone, Layan Kutob, Giulia Siccardo, and Jillian Noël, McKinsey & Company

Article

The next generation of workers see the world differently than their parents did. Laurie Mahon, vice chair of CIBC’s global investment banking business, explains what this means for the infrastructure industry.

Laurie Mahon, Canadian Imperial Bank of Commerce

Article

New skills and new entrants are needed in infrastructure-project delivery. Fortunately, the workforce of the future might be closer to home than expected.

Greg Bentley, Bentley Systems

Article

Infrastructure builds hard assets—but rising complexity and diversity mean that the soft skills will matter more for future success, say infrastructure experts Greg Stanmore and Bruce Williamson.

Greg Stanmore and Bruce Williamson, Spencer Stuart

Article

Improving the well-being of construction workers is a key component of successful major projects and an ethical imperative. Tideway’s chief technical officer, Roger Bailey, shares his perspective.

Roger Bailey, Tideway

Article

The engineering and construction industry, long berated for lagging behind in terms of digitalization, is picking up steam. New business models are changing the game.

Katy Bartlett, Jose Luis Blanco, David Rockhill, and Gernot Strube, McKinsey & Company

Article

Tony Hansen, Global Infrastructure Initiative

Article

Bruno Balbinot’s background in the automotive industry informs his view of the construction landscape and how modular can meet a growing need.

Bruno Balbinot, Ambar

Article

Digital replicas of real-world objects can help construction companies mitigate risk and deliver more with fewer resources. Lendlease Group illustrates how this technology can be applied and scaled.

Daryl Patterson and Bill Ruh, Lendlease

Article

Real-estate developers are in prime position to lead the shift to modular construction. Crafting their product strategies and supplier partnerships are good places to start.

Nick Bertram, Jan Mischke, and Erik Sjödin, McKinsey & Company

Article

A look at countries that have embraced modular construction reveals that two critical conditions—labor dynamics and housing demand—predict adoption, though other factors can also play a big role.

Nick Bertram, Jan Mischke, Maria João Ribeirinho, and Gernot Strube, McKinsey & Company

Article

Achieving a fully integrated modular construction offering relies on pragmatic leadership and a people-first culture.

Mark Skender, Skender

Article

As Katerra strives to digitally disrupt the construction industry and “productize” the way we build, CEO Michael Marks discusses lessons learned and aspirations.

Michael Marks, Katerra

Article

Encouraging UK governments and construction companies to scale modern methods of construction can help address concerns over diminishing housing as well as prepare the emerging workforce to manage it.

Nick Walkley, Homes England

Article

As modular construction gains traction, industry leaders weigh in to identify common patterns and obstacles to overcome.

Darren Bechtel and Kaustubh Pandya, Brick & Mortar, Roz Buick, Trimble, Joseph Schottland, Innovatus, and Kez Taylor, ALEC 

Article

Unmanned aerial vehicles (UAVs), commonly known as drones, are a hot topic of debate. McKinsey asked two professionals close to the issue to weigh in on whether they believe UAVs will gain traction and claim a significant share of urban deliveries by 2030.

Will Hetzler, Zipline, and Carlo Ratti, SENSEable City Lab

Article

What infrastructure improvements will promote the growth of autonomous vehicles while simultaneously encouraging shared ridership?

Tyler Duvall, Eric Hannon, Jared Katseff, Ben Safran, and Tyler Wallace, McKinsey & Company

Article

What does the data tell us about the performance of urban transport systems across different geographies?

Article

Five actions can help players across the private and public sectors move toward new mobility. Collaboration is key.

David McAlister, WSP

Article

As Seoul’s mayor seeks to bring transportation improvements to the city, he must carefully consider how to implement sustainable infrastructure and new technologies to best meet citizens’ needs.

Park Wonsoon, Seoul Mayor

Article

Los Angeles International Airport has undertaken one of the largest public works projects in California’s history. A focus on public–private partnerships has helped keep things on track.

Deborah Flint, Los Angeles World Airports

Article

Our road and rail infrastructure is not ready for the future of mobility. Owners and operators should act now or risk being left behind.

Carsten Lotz, McKinsey & Company

Article

Transport authorities are navigating lower public-transit ridership, declining air quality, and growing financial pressures. Integrating bus networks into the broader urban infrastructure is key.

Emma Loxton, Denis O’Connor, and Naba Salman, McKinsey & Company

Article

Jakarta's flagship rapid-transit project has proven successful within its first year. MRT's director envisions a total of 230 kilometers of railway alleviating some of the world's worst congestion.

William Sabandar, MRT Jakarta, and Rajat Agarwal, McKinsey & Company

Article

Tony Hansen, Global Infrastructure Initiative

Article

McKinsey’s latest mobility start-up and investment tally shows the industry invested $120 billion in the last 24 months.

Daniel Holland-Letz, Benedikt Kloss, Matthias Kässer, and Thibaut Müller, McKinsey & Company

Article

Urban traffic is getting worse. Here's how public- and private-sector leaders can forge a strategy toward seamless mobility.

Eric Hannon, Stefan Knupfer, Sebastian Stern, and Jan Tijs Nijssen, McKinsey & Company

Article

Understanding what makes large-scale real-estate projects different than smaller projects can greatly improve developers’ chances of maximizing profitability.

Inaki Azaldegui and Siddharth Jha, McKinsey & Company

Article

Developers can optimize success rates for major projects by focusing on inhabitants’ health, community, and quality of life.

Guy Perry, McKinsey & Company

Article

Large-scale and integrated real-estate developments are full of risks and often fail to deliver, but they aren’t going away. As consumer preferences continue to change and technology evolves, developers must take a new approach.

Akash Soomro, Mukund Sridhar, and Kunal Tara, McKinsey & Company

Article

First constructed in the 1930s and decommissioned some 50 years later, the Battersea Power Station has been the focus of numerous redevelopment projects, none of which were successful. A new, seven-phased approach has helped reverse that trend.

Simon Murphy, Battersea Power Station Development Company

Article

Whether it is a boutique hotel or a multibuilding, multiuse major development, the brick-and-mortar aspects of real estate may soon be meaningfully influenced by the value of services provided.

Ed Walter, Urban Land Institute

Article

Large-scale integrated urban developments can be challenging endeavors, especially as customer needs and technologies keep changing. One master urban developer discusses successful approaches to overcoming obstacles in the development process.

Cindy Lim, Keppel Urban Solutions

Article

Hudson Yards is a 28-acre, mixed-use neighborhood on the west side of Manhattan. Outfitting it with sustainable power and technology solutions was no easy feat—but well worth the effort.

Jay Cross, Related Hudson Yards

Article

When a mall operator uses advanced analytics to select tenants, optimize mall layout, and determine rents, its revenues can rise by 20 percent.

Ismail Bel-Bachir, Sandrine Devillard, Alex Sawaya, and Ivana Valachovicova, McKinsey & Company

Article

Real-estate major projects are notoriously difficult to manage given their long timelines. Complexity, risk, and new technology compound the struggle. One developer sees a path forward in leading with vision, customer centricity, and open architecture.

Vikas Oberoi, Oberoi Realty

Article

Tony Hansen, Global Infrastructure Initiative

Video

Almost one billion people around the world don't have safe access to critical resources like health care, education, or employment due to an impassable river. Tackling this challenge through last mile infrastructure investments, Bridges to Prosperity has positively impacted the lives of over one million people in 22 countries. President and CEO Avery Bang shared her story at the Global Infrastructure Initiative Summit.

Article

Tony Hansen, Global Infrastructure Initiative

Article

Climate-related risks are on the rise, and our critical infrastructure is underprepared. Both public and private infrastructure owners should pursue three actions immediately to shore up our assets.

Michael Della Rocca, Tim McManus, and Christopher Toomey, McKinsey & Company

Article

In an era of rising customer demands, the infrastructure industry needs to support new solutions, reshape capital markets, and take a long-term term approach to asset development.

Scott Jacobs, Generate Capital

Article

To promote wider adoption of document and process standardization in the infrastructure industry, public- and private-sector organizations should foster greater collaboration during the early stages of project development.

Michael Pearson, Nick Wong, Tony Giustini, Clare Burgess, Gianluca Bacchiocchi, and Joanna Lilley, Clifford Chance

Article

To thrive in changing industries, capital projects and infrastructure owners, contractors, and operators must acknowledge the importance of culture, build forward-looking leadership teams, and embrace diversity and inclusion.

Manie Dreyer, Greg Stanmore, and Hugh Thorneycroft, Spencer Stuart

Article

Technology and data can help cities absorb future growth and weather any shocks that come their way.

Jonathan Woetzel and Jaana Remes, McKinsey & Company

Article

A shortage of affordable housing is taking a toll in every geography and on every segment of society. Several strategies can help governments free up supply of land, resources, and productivity.

Mourad Limam, Jan Mischke, Shannon Peloquin, Sangeeth Ram, and Jonathan Woetzel, McKinsey & Company

Article

As the digital world becomes increasingly connected, it is no longer possible for infrastructure owners and operators to remain agnostic in the face of evolving cyber threats. Here’s what they can do to build an integrated cyber defense.

James Kaplan, Christopher Toomey, and Adam Tyra, McKinsey & Company

Article

In the effort to tackle the backlog of infrastructure maintenance in the United States, five steps can help prioritize projects to not only meet the greatest needs but also build resilience.

Kristina Swallow, American Society of Civil Engineers

Article

As the costs of energy-storage systems continue to fall, engineering and construction companies will need to improve their operations to stay competitive.

David Frankel, Sean Kane, and Christer Tryggestad, McKinsey & Company

Article

The country’s long-term vision, use of innovative technologies, and stakeholder engagement efforts have been critical to its success.

Khoo Teng Chye, Centre for Liveable Cities

Article

Larsen & Toubro CEO SN Subrahmanyan sheds light on how he’s seen digital technologies, particularly sensors, evolve the major projects industry.

SN Subrahmanyan, Larsen & Toubro

Article

By mitigating key risks of investing in major infrastructure projects in emerging markets, banks, governments, and international financial institutions can close the funding gap in developing Asia.

Sir Danny Alexander, Asian Infrastructure Investment Bank

Article

Tony Hansen, Global Infrastructure Initiative

Article

Through history, from the Great Wall of China to today’s transport and energy infrastructure, major projects have set themselves apart—but what are the keys to success with leading the very largest projects?

Sergey Asvadurov, Tom Brinded, and Mike Ellis, McKinsey & Company

Article

What elements lay the groundwork for “smart infrastructure,” and how can the public sector drive them?

Tony Meggs, UK Infrastructure and Projects Authority

Article

Leaders don’t want their projects to be in a turnaround situation, but that often happens. Here are some tactics for resolving problems quickly.

Mark Kuvshinikov, John Levene, and Filippo Rossi, McKinsey & Company

Article

In an era fraught with change, senior partner Robert Lewis and partner Jose Luis Blanco spoke with Jacobs chairman and CEO Steve Demetriou about how E&C companies can set themselves up for success.

Steve Demetriou, Jacobs

Article

Technology is disrupting construction on multiple fronts. What are the consequences for infrastructure-investment managers?

Fredrik Dahlqvist, Alastair Green, Paul Morgan, and Robert Palter, McKinsey & Company

Article

Full implementation of integrated project delivery (IPD) or other forms of alliance contracting isn’t for everyone. But everyone can and should implement collaborative contracting practices today to improve project outcomes.

Lukasz Abramowicz, Jim Banaszak, TG Jayanth, and Homayoun Zarrinkoub, McKinsey & Company

Article

By understanding the full suite of potential BIM benefits and hiring the right people to oversee project-wide implementation, engineering and construction players can better leverage this nearly ubiquitous tool in major projects.

Doug Brent and Chris Shephard, Trimble, and Dennis Shelden, Georgia Institute of Technology

Article

Tony Hansen, Global Infrastructure Initiative

Article

Owners and contractors can share “integrated project delivery” benefits on any project—including digital workflows and increased visibility—through a connected data environment.

Greg Bentley, Bentley Systems

Article

With digital solutions poised to disrupt capital projects, companies must overcome their long-standing reluctance to apply these tools. Here’s how.

Steffen Fuchs, James Nowicke, and Gernot Strube, McKinsey & Company

 

Article

Engineering and construction is behind the curve in implementing artificial intelligence solutions. Based on extensive research, we survey applications and algorithms to help bridge the technology gap.

Jose Luis Blanco, Steffen Fuchs, Matt Parsons, and Maria João Ribeirinho, McKinsey & Company

Article

As construction moves into the cloud, here’s what industry leaders must do to lay the groundwork for change.

Thomas Wolf, RIB, YTWO Formative

Article

Asset owners are lagging other industries in data analytics. Now’s the time to get going.

John Levene, Sacha Litman, Ian Schillinger, and Chris Toomey, McKinsey & Company

Article

Stakeholders serious about garnering support for infrastructure projects can turn to technology to tell the story and highlight value.

Jan Bunge, Squint/Opera

Article

Has the construction industry been thinking about capital project delivery in the wrong way?

Amit Varma, VEERUM

Article

Utilities have found it hard to scale their digital pilots up to full digital-transformation programs. Adopting digital ways of working, adding talent, and modernizing IT will speed their efforts to reinvent themselves as digital enterprises.

Adrian Booth, Eelco de Jong, and Peter Peters, McKinsey & Company

Article

How home sharing is reshaping cities and travel—and the many opportunities for continued innovation.

Margaret Richardson, Airbnb

Article

India’s smart-city program offers a road map for cities working to prepare for mass urbanization with limited funds.

Suveer Sinha, McKinsey & Company

Article

To prepare cities for the future, we need to develop and deploy the services that will power them. It will take political courage, foresight, and coordination.

Dan Doctoroff, Sidewalk Labs

Article

Moscow addressed its road and public transit congestion problems and developed one of the world’s smartest and most-used public transportation systems. Here’s how.

Maksim Liksutov, City of Moscow

Article

Plans are afoot to transform this Shanghai district into a world-class innovation hub. Here’s how leaders hope to overcome challenges in an emerging city and bring their vision to life.

Katrina Lv and Ivan Wang, McKinsey & Company

Article

Water scarcity is a problem worldwide—but improved water-supply networks are starting to make a dent in the problem.

Amir Peleg, TaKaDu

Article

Tony Hansen, Global Infrastructure Initiative

Article

For Latin America’s cities to remain competitive, they must understand their citizens’ experiences and needs—and design policies accordingly.

Andres Cadena and Patricia Ellen, McKinsey & Company

Article

In the age of the smart city, leaders must adapt their resilience strategy to match their evolving risk profile—otherwise they risk building a smarter but more fragile city.

Paul Nicholas, Microsoft

Video

The global real estate market is changing. Standardization, prefabrication, and smart technology are gaining traction as rising populations confront the need for affordable housing and livable, sustainable cities. Senior partner Subbu Narayanswamy discussed these evolutions and more at GII 2017 with leaders from Barcelona Housing Systems, Arup, and the Centre for Liveable Cities.

Video

When it comes to infrastructure and capital projects, managing risks and incentives correctly can be a major enabler for opening up new funding streams and creating bankable project pipelines. McKinsey senior partner Roberto Fantoni sat down with leaders from Macquarie, Arup, HSBC Singapore, and MTR Corporation at GII 2017 to discuss the challenges at stake and the opportunities to overcome them.

Video

Construction projects have traditionally been founded on risk, not collaboration—a root cause of the sector’s low productivity. At the 2017 GII Summit, McKinsey partner Michael Della Rocca joined leaders from Atkins, Bentley Systems, and King Abdullah Economic City to discuss how relational contracting and shared incentives can create better outcomes for infrastructure and capital projects.

Video

Once at the forefront of innovation, construction now lags behind in the adoption of new technologies. But the industry is at a tipping point. We spoke with executives from Atkins, Siemens, and RIB Software at GII 2017 about how they’re embracing the disruptive potential of digitization.

Article

Tony Hansen, Global Infrastructure Initiative

Video

How can airports incorporate design and customer experience strategies to craft positive end-user journeys? Executives from McKinsey, JFK International, Orlando International Airport, and CCR USA weigh in on how airports can center customer experience.

Article

Despite—or because of—low rates, service is bad and shippers are angry. The port-and-shipping sector must and can improve, not only for shippers, but also for the lines and ports themselves.

John Murnane, McKinsey & Company

Article

The new world of transport will demand different skills, capabilities, and culture.

Lisa J. Caswell, Christina E. Coplen, and Jonathan R. Visbal, Spencer Stuart

Article

Self-driving vehicles, ride-hailing services, and other technologies are transforming urban mobility. To capture the benefits of the shift, cities will need sound infrastructure plans and investments.

Shannon Bouton, Eric Hannon, Stefan Knupfer, and Swarna Ramanathan, McKinsey & Company

Article

The journey to a ticket-free transit system—and the path ahead.

Shashi Verma, Transport for London

Article

How electrification is helping Sweden meet its environmental sustainability goals.

Lena Erixon, Trafikverket

Article

Transportation will be dramatically different in ten years. To adapt, public entities and stakeholders must act today.

Steffen Fuchs and Rafat Shehadeh, McKinsey & Company

Article

Proponents of the high-speed technology envision an end-to-end revolution in transportation.

Nick Earle, Hyperloop One

Article

Connectivity could dramatically change the commute of the future.

Roland Busch, Siemens

Article

Tony Hansen, Global Infrastructure Initiative

Video

Shanghai-based WinSun is pioneering 3-D printing as a construction process. With as few as three employees overseeing the process, commercially viable houses are being built in under one week, using materials from construction and industrial waste. Chairman and CEO Ma Yihe explores how large-scale 3-D printing could transform the industry with respect to design, cost, and time.

Video

McKinsey research explores the underlying reasons for the construction industry’s productivity challenges, identifying the root causes and seven actions that could create a step-change in construction productivity. With $1.6 trillion at stake, where do we start?

Article

In the United States, governments are increasingly turning to public-private partnerships (P3s) to implement public infrastructure works. Here's why the benefits of P3 project delivery, not just financing, will continue to shift the market in this direction.

Michael Della Rocca, McKinsey & Company

Article

To manage costs and schedules more effectively, a four-pronged strategy can identify and limit variability in process execution.

Leigh Jasper and Karthik Venkatasubramanian, Aconex

Article

When major mining projects face trouble, leaders often find it hard to determine how or when to intervene. Six key strategies can help get projects back on track.

Mark Kuvshinikov, Piotr Pikul, and Robert Samek, McKinsey & Company

Article

There's a monster that eats projects: scope creep. To keep the creep at bay, organizations need discipline, collaboration, and a relentless focus on real user needs.

Steffen Fuchs and Rafat Shehadeh, McKinsey & Company

Article

Why understanding the client's view of value is critical for effective project outcomes.

Alan Krause, MWH Global (now part of Stantec)

Article

McKinsey research finds seven levers can fix construction's productivity problem, but they require a new approach from all players. We heard from industry leaders about which barriers to change are most likely to fall first.

Filipe Barbosa, Jan Mischke, and Matthew Parsons, McKinsey & Company

Article

Construction lags behind other industries in its ability to manage complex projects, but two new approaches will help close the gap.

Bruce Grewcock, Kiewit Corporation

Article

Mired by under-digitization and fragmentation, construction must find a new way to build.

Michael Marks, Katerra

Article

Major capital projects are habitually beset by overruns and delays, but three solutions offer a path out of entrenched dysfunction and to increased profitability.

Jim Banaszak, Rob Palter, and Matthew Parsons, McKinsey & Company

Video

City infrastructure projects are extraordinarily complex—but they can also be an avenue for new economic growth and digital disruption. GII spoke with the mayors of Bristol, Seattle, and Syracuse about how new approaches to financing, big data, and technology are making their cities more accessible and efficient. From predictive analytics for water mains to integrated spatial plans for housing and transportation, here’s how cities are exploring newfound potential.

Video

Today’s airports must evolve to meet growing demand, new technologies, updated security requirements, funding pressures and rising customer expectations. These forces will grow stronger, as will the complexity of projects and the public’s desire for transparency into performance. McKinsey leaders joined executives from some of North America’s busiest and largest airports to discuss major issues facing the sector today.

Video

Today’s airports must evolve to meet growing demand, new technologies, updated security requirements, funding pressures and rising customer expectations. These forces will grow stronger, as will the complexity of projects and the public’s desire for transparency into performance. McKinsey leaders joined executives from some of North America’s busiest and largest airports to discuss major issues facing the sector today.

Article

Tony Hansen, Global Infrastructure Initiative

Article

Karl Kuchel of Macquarie Infrastructure Partners believes the United States could become a much bigger market.

Karl Kuchel, Macquarie Infrastructure Partners

Article

The market for solar power is growing faster than ever, but profitability has been lagging. The keys to improvement are better capital and operational efficiency.

David Frankel and Dickon Pinner, McKinsey & Company

Article

Financing costs are higher but the results are worth it.

Brian Budden, Plenary Group

Article

America’s approach to planning, financing, building and maintaining public infrastructure is fragmented and inefficient. Here is how to improve it.

Michael Della Rocca, Tyler Duvall, and Rob Palter, McKinsey & Company

Article

Singapore shows how an effective housing program can promote social and political stability.

Wong Heang Fine, Surbana Jurong

Article

The key is to ask, and answer, the right questions.

Tyler Duvall, Mike Kerlin, and Rob Palter, McKinsey & Company

Article

How and why Europe’s largest airport plans to manage a major expansion.

Emma Gilthorpe, Heathrow Airport

Article

​BP’s Starlee Sykes discusses the future of deepwater development.

Starlee Sykes, Offshore at BP, Laura Borland and Kassia Yanosek, McKinsey & Company

Video

California needs policies that cultivate long-term economic growth and offset decades of unsustainable, economically inefficient urban sprawl. In this session, policymakers and thought leaders discuss what can be done to meet the need for higher-density, lower-cost housing near job centers.

Video

Principal Sangeeth Ram presents the main ways government and the private sector can address the global affordable housing challenge.

Sangeeth Ram, McKinsey & Company

Video

Since 2012, the Global Infrastructure Initiative (GII) has convened industry leaders to identify ways to improve the delivery of new projects and get more out of existing assets. GII’s Innovation Site Visits expose a select group of global leaders to some of the most exciting advances in infrastructure from around the world. Here’s how it works.

Article

As the global real-estate market changes, developers need to focus more on the customer experience.

Ankit Gupta, Bruce Xia, and Haimeng Zhang, McKinsey & Company

Article

Real-estate developers should accept that business as they have known it is changing. By adopting new construction technologies, they can improve delivery and affordability.

Mukund Sridhar, McKinsey & Company

Article

Careful planning and an eye on the future can help the cities that host them.

Bill Hanway, AECOM

Article

America’s biggest state needs to build 3.5 million homes by 2025. Here are some approaches that can help.

Jan Mischke and Jonathan Woetzel, McKinsey Global Institute; Shannon Peloquin and Daniel Weisfield, McKinsey & Company

Article

The traditional shopping mall is under threat. Here is how to meet the needs of digital customers.

Sangeeth Ram, McKinsey & Company

Article

Improved rail connectivity could transform development opportunities—and the entire economy—in the United Kingdom.

Sir David Higgins, High Speed Two Ltd.

Article

Tony Hansen, Global Infrastructure Initiative

Article

Palava shows a future that may work.

Abhishek Lodha, Lodha Group; Subbu Narayanswamy, McKinsey & Company

Article

Institutional investors have been cautious when it comes to real estate. There is evidence, however, that the terms of engagement are changing.

Samvit Kanoria and Hasan Muzaffar, McKinsey & Company

Article

China Vanke executive Zhang Xu describes how his real-estate company has met the challenges of overseas expansion.

Guangyu Li, McKinsey & Company; Zhang Xu, China Vanke

Article

How one Asian developer is using planning and technology to make cities work for people.

Lim Ming Yan, CapitaLand

Article

The industry needs to change; here’s how to manage it.

Rajat Agarwal, Shankar Chandrasekaran, and Mukund Sridhar, McKinsey & Company

Article

Tony Hansen, Global Infrastructure Initiative

Article

Lessons from the expansion of the Panama Canal.

Jorge L. Quijano, Panama Canal Authority

Article

Engineering and construction firms suffer from low margins and relatively low productivity. Here is how to do better.

Jose Luis Blanco, Mauricio Janauskas, and Maria Joao Ribeirinho, McKinsey & Company

Article

The best projects provide, connect, and produce sustainable outcomes.

Craig Albert and Tam Nguyen, Bechtel Corporation

Article

An interview with Jacqueline Hinman.

Tony Hansen, McKinsey & Company, and Jacqueline Hinman, CH2M Hill

Article

Tony Hansen, GII

Podcast

Trevor Fowler, City Manager of Johannesburg; Uwe Krueger, CEO of Atkins; Kasim Reed, Mayor of Atlanta

Video

Geopolitical futurist Parag Khanna foresees a world in which megacities, supply chains and connective technologies redraw the map away from states and borders.

Parag Khanna, Hybrid Reality Institute

Video

McKinsey's Jonathan Woetzel talks about how cities are engines of productivity by enhancing the number and frequency of interactions.

Jonathan Woetzel, McKinsey & Company

Video

Michael Berkowitz, President of 100 Resilient Cities, talks about planning for future sustainability.

Michael Berkowitz, 100 Resilient Cities

Video

Jay Walder, CEO of Motivate, talks about the influence of technology and infrastructure innovations for the cities of the future.

Jay Walder, Motivate

Article

Understanding an infrastructure asset’s unique characteristics can extend its life span—and save money.

Janna de Groot and Ashay Prabhu, Assetic

Article

By working together, cities can help solve global problems.

Benjamin Barber, Global Parliament of Mayors, and John Means, McKinsey & Company

Article

How consumers and technology are redefining how people get around.

Interview with Jay Walder, Motivate

Article

An interview with Helle Søholt.

Interview with Helle Søholt, Gehl

Article

There are signs that America’s city dwellers are beginning to change the way they get around. Here is how city leaders can plan ahead.

Shannon Bouton, Stefan Knupfer, and Steven Swartz, McKinsey & Company

Article

China is leading the effort to create the world’s largest economic platform.

Tian Jinchen, China's National Development and Reform Commission

Article

To build a city from scratch, create a solid economic foundation.

Fahd Al-Rasheed, King Abdullah Economic City

Article

How governments can encourage private-sector infrastructure investment.

Christopher Heathcote, Global Infrastructure Hub

Video

Every weekday, roughly 560,000 people - nearly the population of Portland, OR - travel between the East Bay and San Francisco making the trans-bay crossing the Bay Area's most important transportation link by connecting millions of people to their jobs and lives on either side of the bay.

Video

Senior executives from Bechtel and AECOM discuss their companies' adoption of disruptive technologies.

Article

What can other cities learn from Hong Kong’s approach to transit?

Lincoln Leong, MTR Corporation

Video

Three experts give their views on attracting private capital to public infrastructure efforts.

Article

When natural disasters strike, governments step up. Here’s how they can improve the odds of a successful long-term recovery.

Benjamin Cheatham, Anne Healy, and Becca O’Brien Kuusinen, McKinsey & Company

Article

A former finance minister makes the case for openness and discusses “de-risking.”

Interview with Joaquim Levy, Brazilian Ministry of Finance

Article

Most big infrastructure projects run late and over budget. Here’s how to do better.

Tim McManus, McKinsey & Company

Article

Bringing the consumer experience back into the infrastructure discussion.

Andrew Macmillan, Heathrow Airport

Article

Aaron Bielenberg, Mike Kerlin, Jeremy Oppenheim, and Melissa Roberts, McKinsey & Company

Article

The construction industry has historically been slow to pursue innovation, but Crossrail's Innovate 18 is setting out to change that.

Andrew Wolstenholme, Crossrail

Article

Diverse stakeholders, complex projects, and straitened budgets: a survey of global infrastructure leaders defines the challenges to the industry—and how to address them.

Jordan L. Brugg, Suzanne M. Burns, Arnaud Despierre, Hugh Thorneycroft, and York von Wangenheim, Spencer Stuart

Video

James Crawford, Chief Executive Officer, Orbital Insight

Video

William Ruh, Chief Executive Officer, GE Digital & Chief Digital Officer, GE

Video

Michael Linse, Partner, Kleiner Perkins, Caufield and Byers

Video

Each year, the world spends $9 trillion dollars on infrastructure. Unfortunately, up to 40% is misspent due to bottlenecks, limited innovation, and market failures. The 2015 McKinsey & Company Global Infrastructure Initiative will convene the world’s most senior leaders in infrastructure from across the value chain for a focused discussion that explores how innovation and technology can disrupt and improve infrastructure delivery.

Video

Jaana Remes, MGI Partner, McKinsey & Company

Video

Ron Ritter, Expert Principal, McKinsey & Company

Article

On September 8th, approximately 30 infrastructure leaders from around South Africa convened for the GII Johannesburg Roundtable. The topic was Boosting infrastructure productivity to secure long-term growth in South Africa, drawing from the recently released MGI Report, South Africa’s big five: Bold ideas to unleash inclusive growth.

Article

Building big infrastructure projects is always risky, but there are ways to improve the odds of a smooth landing.

Nicklas Garemo, Stefan Matzinger, and Robert Palter, McKinsey & Company

Article

A synopsis of the Global Infrastructure Initiative Philadelphia Roundtable, focusing on the airport passenger experience, airport and terminal privatization, and what US airports can do to accelerate redevelopment.

Article

A synopsis of the Global Infrastructure Initiative London Roundtable, focusing on how transport leaders can successfully navigate digital transformation and capitalize on the opportunities, while managing the threats from new disruptive businesses.

Video

Nicklas Garemo and Martin Hjerpe address how increasing infrastructure productivity can help save $1 trillion globally.

Nicklas Garemo and Martin Hjerpe, McKinsey & Company

Video

Carl-Stefan Neumann presents how big data and digitization can help improve a city’s infrastructure.

Carl-Stefan Neumann, McKinsey & Company

Video

MIT’s Carlo Ratti discusses how technology can enable cities to understand how people use infrastructures, to better meet the transportation needs of their citizens.

Carlo Ratti, MIT

Video

What makes a great city? Jonathan Woetzel explains that when it comes to cities, greatness is a pursuit, a pursuit of a better versions of themselves.

Jonathan Woetzel, McKinsey & Company

Article

The need for speed in delivering progress.

Bill Wiseman, McKinsey & Company

Article

The public appreciates the creation of great infrastructure—but the process is difficult.

Adrian Booth, McKinsey & Company

Article

How traffic, energy, water, and security issues will shape the future.

Rik Kirkland, McKinsey & Company

Article

Self-driving cars are not just about a hands-free driving experience. Their emergence points to an urban transformation that will change the way people navigate, access information, and interact with one another.

Matthew Claudel and Carlo Ratti, SENSEable City Lab, MIT

Article

Digitization in infrastructure networks could improve forecasting, promote reliability, and increase efficiency.

Carl-Stefan Neumann, McKinsey & Company

Article

How small changes could make a big difference.

Rik Kirkland, McKinsey & Company

Article

Going after quick wins helped city leaders create momentum for continuing improvement.

Yakov Sergienko, McKinsey & Company

Video

Principal Sangeeth Ram presents the main ways government and the private sector can address the global affordable housing challenge.

Sangeeth Ram

Article

Infrastructure productivity can and should be much better. Here’s how to start improving.

Nicklas Garemo, Martin Hjerpe, and Jan Mischke, McKinsey & Company

Article

Privatizing government assets is just one way to improve fiscal health or invest in new infrastructure. To create value for the public, all options should be considered.

Robert Palter and Stuart Shilson, McKinsey

Article

US infrastructure is aging, while the population is growing. To improve the transportation system, argues the secretary of transportation, the United States needs more funding and less red tape.

Anthony Foxx, US secretary of transportation

Article

Spending money, not raising it, is the biggest problem when it comes to financing infrastructure.

Tyler Duvall, Alastair Green, and Mike Kerlin, McKinsey & Company

Article

Olympian Wolfgang Maennig argues that it’s time to reconsider ambitions for infrastructure when it comes to mega-events.

Rik Kirkland, McKinsey & Company

Article

Consulting stakeholders before digging makes for better, cheaper projects.

Isabel Dedring, Transport, London

Article

A synopsis of the Global Infrastructure Initiative New York Roundtable, examining some of the key challenges, opportunities, and real potential solutions to increase the pipeline of bankable projects in North America.

Article

Effective urban leaders focus on doing three things well.

Shannon Bouton, Jay Dearborn, Yakov Sergienko, and Jonathan Woetzel, McKinsey & Company

Article

Megaprojects always face challenges, but looking only at cost and timing may not be the only way to judge their success.

Virginia A. Greiman, professor of megaprojects and planning, Boston University

Article

Infrastructure is about much more than cement, says the former US secretary of state and chair of the Albright Stonebridge Group.

Norah Ferry, McKinsey & Company

Article

In some of the most promising markets, supply of and demand for reliable energy has outpaced infrastructure. For discerning investors, the opportunity to fund energy infrastructure is significant.

Arif Naqvi, group chief executive, The Abraaj Group

Article

More sustainable financing, higher quality in urban projects, and new markets to soak up construction overcapacity will determine how the country writes the next chapter of its remarkable story.

Zuo Kun, executive vice president, China Development Bank Capital

Article

To bring the benefits of urban life to hundreds of millions of new residents in city clusters, infrastructure development and financing must be innovative, sustainable, and high quality.

Xiaodong Ming, deputy director of the planning department of China’s National Development and Reform Commission

Article

Even the best planning can’t always stave off an infrastructure failure when a major disruption hits. But building in resilience can help infrastructure withstand shocks or fail safely.

Judith Rodin, president, The Rockefeller Foundation

Article

The secret to hitting a moving target is to aim slightly ahead of its trajectory. Stakeholders in infrastructure design, construction, and management face a similar challenge in working to develop cities capable of sustaining us tomorrow.

Uwe Krueger, CEO, Atkins

Article

For institutional investors and government agencies, greenfield infrastructure projects are ripe with opportunity. By structuring them as public–private partnerships, both parties have better chance of meeting their individual goals.

Thierry Déau and Julien Touati,, Meridiam

Article

A synopsis of the Global Infrastructure Initiative Beijing Roundtable, an engaging discussion on how to take China’s One Belt One Road (OBOR) strategy forward.

Article

Matching up infrastructure projects and institutional investors is difficult. Better knowledge of how infrastructure assets will behave and new ways to monitor performance can help.

Frédéric Blanc-Brude, research director, EDHEC-Risk Institute

Article

Infrastructure leaders who are looking to win public support for new projects can learn from industries that understand their customers.

Dominic Maxwell, Julian Mills, and Stuart Shilson, McKinsey & Company

Video

Mustafa Abdel-Wadood, partner at the Abraaj Group, presents at 2014's Global Infrastructure Initiative.

Mustafa Abdel-Wadood, Partner at the Abraaj Group

Video

What challenges will a world with 9 billion people face?

Video

Rio de Janeiro's mayor, Eduardo Paes, presents at 2014's Global Infrastructure Initiative.

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