This session explores the Top 20 Reasons Why Construction Projects Experience Cost Overrun, examining why budget growth of 10% to over 100% remains so common across mid‑sized and large EPC projects worldwide. With studies showing 6 out of 10 major projects miss cost and schedule targets, the webinar investigates root causes, industry‑wide inefficiencies, and the billions wasted annually in labour and engineering resources.

   

The discussion will also address how organisations can reduce cost overrun, improve project delivery performance, and strengthen governance. Drawing on over 40 years of global project experience, John G. McConville, CCP-Owner & Operations Director at Compass International and publisher of nine leading construction cost databases-will share practical insights and lessons learned from real‑world project challenges.