New Zealand Section

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.