Capital Excellence

What we do

Capital strategy and portfolio optimization
Project development
Project delivery
Capital Analytics

Capital Analytics

How we do it

Analytics and technology
Capability building

Examples of our work

Getting smart about capital spending
An engineering and construction giant reignites profitable growth
Strategic approach to hospital design and construction cuts cost by 20 percent

Featured Video

Innovation & Learning Centers: Venice Expansion

Featured Experts

Justin Dahl
PartnerHouston
Brings expertise in overall capital project development and delivery to a diverse group of owner companies
Steffen Fuchs
Senior PartnerDallas
Leads McKinsey’s global work in capital productivity with a focus on digital and innovation. He works across multiple regions, including North and South America, Asia, and Europe.
Jae Jung
PartnerSeoul
Helps leaders in construction, heavy industries, and the oil and gas sector transform their operations and develop corporate strategy that drives growth
Gerhard Nel
PartnerJohannesburg
Leads our capital excellence work in Africa; advises leading companies on global industrial plant operations transformations and capital projects in Southern Africa, Australia, Europe, and the Americas
Shannon Peloquin
PartnerBay Area
Supports major utilities, transportation, and infrastructure organizations to enhance long-term strategy and investments, operations, safety, and reliability
Dr. Christoph Schmitz
Senior PartnerFrankfurt
Leads global capital excellence work by helping clients optimize portfolios, design projects, and improve execution. He supports holistic business transformations across automotive, chemicals, agriculture, and industrial companies

Featured Insights

Steel structure of chemical plant under construction Construction site
Article

Delivering on construction productivity is no longer optional

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Colorful geometric shapes connecting and turning
Breaking operational barriers to peak productivity
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Tall abstract sculptural tower
McKinsey welcomes SES, experts at estimating capital projects
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Female person and engineering worker on digital technology at industrial architecture design - stock photo
Reimagining engineering to deliver more projects, more efficiently
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Portrait of Asian female engineer working with computer, wind turbine solar panel model for development of sustainable energy project. - stock photo
How capital project owners can get just-in-time talent for their teams
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Rows of solar panels with grass growing in between them.
Europe’s €10 billion savings opportunity to deliver onshore wind and solar
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Construction worker and architect look at construction plans on digital screen
Seize the decade: Maximizing value through preconstruction excellence
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Close up of young female surveyor looking through the lens of a theodolite checking levels on a site.
Increasing transparency in megaproject execution
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From start-up to scale-up: Accelerating growth in construction technology
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Workers installing solar panels on the roof
Build together: Rethinking solar project delivery
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Abstract cubes, illustration - stock illustration
Making modular construction fit
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Worker man standing at a construction site
The strategic era of procurement in construction
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Wide shot inside advanced semiconductor production fab cleanroom
Semiconductor fabs: Construction challenges in the United States
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Electric vehicle charging station
Batteries included: Building and operating sustainable gigafactories
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Long exposure from train in Tokyo, Japan
Accelerating capital projects to secure advantages in the net-zero transition
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3D architecture abstract
Generative scheduling: Saving time and money in capital projects
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Miami's new overpass
How to manage the coming wave of investment in capital projects
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Tower crane with currency symbols
Capital investment is about to surge: Are your operations ready?
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Morning meeting at the factory
Training your own capital-project talent
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Bridging the labor mismatch in US construction
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Project delivery hubs: Analytics for better megaproject outcomes
Project delivery hubs: Analytics for better megaproject outcomes
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An ecosystem of partners: The foundation of capital project excellence
An ecosystem of partners: The foundation of capital project excellence
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The future of the high-rise: Creating people-centric spaces
The Next Normal
Building a transport system that works: Five insights from our 25-city report
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Call for action: Seizing the decarbonization opportunity in construction
Call for action: Seizing the decarbonization opportunity in construction
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The project of the future: The best ideas from the 2021 GII Summit
The project of the future: The best ideas from the 2021 GII Summit
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Capital Projects 5.0: Reimagining capital-project delivery
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Why the time is right to reinvent capital-project delivery
Why the time is right to reinvent capital-project delivery
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Agile delivery of capital projects
Agile delivery of capital projects
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Walking the talk: Best practices for digital construction
Walking the talk: Best practices for digital construction
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Resetting capital spending in the wake of COVID-19
Resetting capital spending in the wake of COVID-19
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The next normal in construction
The next normal in construction: How disruption is reshaping the world’s largest ecosystem
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More from this practice

The Global Infrastructure Initiative
Global Infrastructure Initiative
McKinsey brings a mega shift to megaprojects with Westney Consulting
McKinsey welcomes Westney Consulting, a leading capital-projects consultancy
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Connect with our Operations Practice