Construction projects are known for their sprawling budgets and schedule overruns. Underlying these issues are disjointed processes, a lack of data transparency, and project delivery models that don’t adequately address the needs of modern projects. To tackle these challenges, the industry must let go of doing things the way they’ve always been done, but there are hurdles in the way. Many AEC firms are hesitant to pursue new business models, make major investments in technology, and provide new offerings. Ironically, this aversion to taking risks actually invites risk in the form of high costs and unplanned delays.