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Vague talk of inefficiency in construction isn't really very informative. Has anyone ever done a study where they take two very similar projects — building a me
by stupidcar 9y ago
Vague talk of inefficiency in construction isn't really very informative. Has anyone ever done a study where they take two very similar projects — building a medium sized office building, for example — in the US and China, and following them both from beginning to end, auditing exactly how much money and time is spent on each stage? It seems like this would provide a useful basis for comparison.
- post_break 9y agoWouldn't they vary wildly due to OSHA and other requirements like permits and bribes?
- deleted 9y ago[deleted]
- WithHighProb 9y agoGiven the real estate bubble in China now, I guess it'll be 100 times faster
- WithHighProb 9y agobtw at 0.1-0.01 cost, because land is state-owned it's possible you could get the bid for the land at a very low price.
- serhei 9y agoIf you did a detailed audit, you could also price adjust for things like land and end up with a comparison that reflects how each project is being managed.