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, ...

Understanding the project's timeline is crucial for both the employer and the contractor. Delays can lead to liquidated damages, compensability issues, extensive litigation, and inherent schedule risks, underscoring the importance of analysing project delays to make informed decisions regarding potential ...

Cost control is a fundamental component of project management in capital projects. Owner organizations prioritize managing cost efficiently while gaining a comprehensive understanding of project performance. Effective cost control enables timely and informed decision-making, increasing the likelihood ...

Join Us for AACE New Zealand new Webinar to Discuss this important topic– Don’t Miss Out! We are delighted to host the Chair of AACE International’s Membership Advisory Committee to talk about this important topic. This webinar will cover important considerations we need to pay our ...

The Cost estimate classification allows for consistent communication of the characteristics of an estimate. These characteristics include: • Information used to create the estimate. • Methods and effort used to create the estimate. • The accuracy level expected. • The level of risk ...