How does labor shortage impact construction projects?

Labor shortage can have a significant impact on construction projects. When there is a shortage of skilled laborers, it becomes more challenging to find and hire experienced workers to complete construction projects. This can lead to delays in project timelines and increased costs as contractors may have to pay higher wages to attract workers. Moreover, the quality of the work may be compromised as inexperienced or unskilled workers are brought in to fill the gaps. Overall, a labor shortage in the construction industry can hinder productivity, limit project capacity, and affect the overall efficiency and success of construction projects.

This mind map was published on 10 July 2023 and has been viewed 251 times.