This statistic shows the most common reasons for cost overrun in construction projects around the world as of 2008. Data is based on a survey among leaders in the construction industry. 60 percent of respondents referenced material price escalation as a reason for cost overruns in a project making it the most commonly cited reason.
Reasons for cost overrun in construction projects worldwide, as of 2008
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KPMG, & PMI. (December 8, 2013). Reasons for cost overrun in construction projects worldwide, as of 2008 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/526875/reasons-for-cost-overruns-in-construction-projects/
KPMG, und PMI. "Reasons for cost overrun in construction projects worldwide, as of 2008." Chart. December 8, 2013. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/526875/reasons-for-cost-overruns-in-construction-projects/
KPMG, PMI. (2013). Reasons for cost overrun in construction projects worldwide, as of 2008. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/526875/reasons-for-cost-overruns-in-construction-projects/
KPMG, and PMI. "Reasons for Cost Overrun in Construction Projects Worldwide, as of 2008." Statista, Statista Inc., 8 Dec 2013, https://www-statista-com.ezproxy.canberra.edu.au/statistics/526875/reasons-for-cost-overruns-in-construction-projects/
KPMG & PMI, Reasons for cost overrun in construction projects worldwide, as of 2008 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/526875/reasons-for-cost-overruns-in-construction-projects/ (last visited November 10, 2024)
Reasons for cost overrun in construction projects worldwide, as of 2008 [Graph], KPMG, & PMI, December 8, 2013. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/526875/reasons-for-cost-overruns-in-construction-projects/
