In this episode of Construction Hot Takes, Adam, Greg, and Jeff reveal the 5 simple mistakes that can completely ruin and de-rail a construction project by causing delays and budget overruns and tanking profitability.
According to Ascent CEO Adam Cooper, one of the biggest mistakes too many construction companies are making today is simple not fully reading or understanding construction contracts. Too many general contractors and subcontractors skim through contracts without catching key clauses that impact payment terms, liability, and scope — leading to major problems down the line.
The guys also call out real construction business mistakes they’ve seen firsthand, like project managers making scheduling decisions without considering material lead times, or owners assuming that hitting revenue goals means they’re actually profitable. Lack of construction business training at every level leads to bad decisions that cost companies money and credibility.
Whether you’re a project manager, owner, or contractor, knowing what NOT to do is just as important as knowing the right moves to make. If you want to learn how to avoid the top 5 reasons construction projects fail, this episode is a must-watch.
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