Despite the challenges, the future of construction holds tremendous promise. New technologies, sustainable practices and smarter risk management are driving greater efficiency, safety and value.

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

How overcommitment derails projects, and what managers can do instead. Mark Mortensen, a professor of organizational behavior at INSEAD, discusses the research on “multiteaming”—when employees work ...