How to minimize Construction Costs & Schedule delays on Construction Projects

Title:
How to minimize Construction Costs & Schedule delays on Construction Projects
Presenter(s):
John G McConville
Length:
63:00
Added:
Sunday, July 13, 2025
Description:

Will discuss The Top 20 Reasons Why Construction Projects Experience Cost Overrun

  • Why do so many construction projects have cost overrun by as much as 10% to more than 100%?
  • Construction cost overruns are an everyday happening on mid-sized & large multi-million-dollar EPC / O&G, Power, Commercial & Infrastructure projects around the world. Studies on this subject would indicate that as many as 6 out of 10 major construction projects fail to meet their established cost & schedule goals! 
  • How can cost overruns be rectified?
  • This continuing cost overrun situations costs the construction industry billions of dollars each year and wastes valuable engineering / construction labor resources.
  • What is the root cause & why do cost overruns occur?
  • John will share some of his experiences and lessons learned over his 40-year career.
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