Costs per megawatt, the measure of a data center project such as this one under construction in Ashburn, Va., have risen dramatically in recent years, stretching the limits of insurance coverage.

Julia Hawley is a full-time writer focusing on investing. She combines her writing skills with her experience in personal wealth management. Katie Miller is a consumer financial services expert. She ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Project cost management is the way that you estimate and ...

Only a grocer would envy the construction business’s 3%-to-5% profit margins. On average, only about half of construction work planned for a given week gets done on schedule. Those two data points are ...