About
DependBuild helps municipalities and infrastructure developers identify, assess, and track their risks with our cloud-based risk management software solution. In the next thirty years, almost all public infrastructure will have to be: • Replaced • Refurbished • Built Most of these activities require significant investments in time, people, and knowledge in order to achieve success – at the same time, all of these investments require a portfolio of projects. Yet, a study by PwC in 2017 found that 84% of public sector projects experienced some sort of failure. The myriad of reasons for failure can be strategic, funding, reputational, supply chain and even people – but all come down to risk. The need for better infrastructure development is clear…. · In Canada - nearly 40 percent of roads and bridges are in fair, poor or very poor condition, with roughly 80 percent being more than 20 years old · The United States’ aging and increasingly dilapidated infrastructure is becoming a major problem · Worldwide investment in infrastructure is expected to be $79 trillion by 2040. However, the actual global investment need is closer to $97 trillion. DependBuild works to minimize these deficiencies and use proprietary risk management techniques to build better infrastructure projects by providing users real time project reporting.