When to Stop a Construction Project Before It Starts
The budget was approved. The site was available. The client was ready to start. I still recommended not to proceed. In my assessment I added one line to the project risk register: Condition: project scope unclear Probability: confirmed Impact: high Owner: developer and project manager Status: invisible to the team Next step: do not proceed..
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Alberta Wages vs House Prices: The Affordability Gap Developers Must Model
For a generation, Alberta’s economic story was simple: higher wages than the rest of Canada and more affordable homes. In 2013, average wages in the province were as much as 17% above the national average. By 2024 that premium had shrunk to about 2%. Meanwhile, home prices in Calgary have moved closer to national levels…
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