Economy

Risk Sharing in Construction: When Fixed Prices Become Risky

A fixed price can provide cost certainty when the scope, ground conditions and schedule are well defined. If those assumptions change, the arrangement can become risky for one party. Before signing, clients and contractors should agree which...

Munich 2027: Ongoing Construction Site and Model for the Future. How the City Builds Tomorrow

 City in Transition: More Than Just New BuildingsIt is not just individual major projects like the 2nd S-Bahn main line or the new district of Freiham that are changing the face of Munich. Across the entire city area, traffic corridors are...

Munich as a Construction Site: Urban Works in 2026

Road and transport projects are reshaping parts of Munich in 2026. Work around Dachauer Straße and Sendlinger Tor is taking place alongside other maintenance and modernization projects, bringing temporary detours and changing travel times for...

Digital Tools on Construction Sites: Benefits and Limits

Digital tools are changing construction planning and delivery. Their value depends on whether project teams use them appropriately, keep information current and coordinate their processes.BIM and collaborative planningBuilding Information Modeling...