The Top 20 Reasons Why Construction Projects Experience Cost Overruns

Construction cost overruns are an everyday happening on mid-sized and large multi-million dollar EPC projects around the world. Studies on this subject would indicate that as many as 6 out of 10 major EPC construction projects fail to meet their established cost and schedule goals!  How can this serious problem be minimized?
This continuing cost and schedule overrun problem costs Owners and Construction companies million dollars each year and wastes valuable engineering /construction labor resources.
John G. McConville CCP, will share some of his 40 years’ experience on possible ways this issue can be rectified / minimized.