How Target Value Delivery can help keep pharma construction projects on track 

[Image courtesy of Pexels]

Within the pharmaceutical industry, new plant construction frequently exceeds the allocated budget and runs over the expected time. The problem contributes to the industry’s challenge to bolster drug output over the past decade, according to the consulting firm Turner & Townsend. The firm estimated that some 70% of pharma construction projects miss their original budget by about 15%.

Of course, the pandemic’s negative impact on the supply chain has only exacerbated the problem. But the problem has been common across construction sectors for years. In 2016, McKinsey estimated that large construction projects across industries generally take 20% longer to complete than anticipated and are up to 80% over budget.

Keeping construction projects on track

Clay Seese

One philosophy to help keep projects on tr…

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CRB names new general counsel

Kansas City, Missouri–based CRB has appointed Courtney Holt as general counsel.

The company provides engineering, construction, consulting and architecture services to the life sciences and food and beverage industries.

Holt will replace Jim Scott, who will retire later this year.

Holt first began working for CRB in 2018 as assistant general counsel.

Courtney Holt

In her role as general counsel, she will lead all aspects of CRB’s legal affairs to ensure compliance with internal policies. She also will play a key role in developing risk management strategies.

Holt received her law degree in 2011 from the University of Missouri-Kansas City.

Scott has worked at CRB since 2013. In his tenure, he has focused on building the company’s governance model. He was promoted to senior associate in 2019.

“Jim’s mentorship has been instrumental in not only m…

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