Tag: failure
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First-year failure: Labour builds just 62% of promised homes
As the Labour government marks its first anniversary in office, with housing remaining a central focus of its agenda. But how are Labour actually getting on with their pledge to build deliver 1.5 million new homes by 2029 and have they bitten off more than they could chew? We reveal the total number of houses…
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How Controlled Insurance Programs Help Large Construction Projects Avoid Failure
Large scale or “mega” construction projects routinely fail – and sometimes even small and mid-sized projects – costing project owners and governments billions of dollars and sometimes completing years after the expected completion date. In Toronto, the Eglinton Crosstown LRT is a particularly well known example, running at least five years behind schedule and costing millions more than initially…
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AI project failure rates are on the rise: report
Dive Brief: More enterprises reported AI project failures this year compared to 2024, according to analysis from S&P Global Market Intelligence. The findings are based on a survey of more than 1,000 respondents in North America and Europe. The share of companies abandoning most of their AI initiatives jumped to 42%, up from 17% last…