“Project Risk Quantification” – A book by John K. Hollmann

It has come to my attention that John K. Hollmann has received the Lifetime Achievement Award from AACE International and I want to offer him my congratulations. This news prompted me to take another look at his recent book “Project Risk Quantification” from www.decisions-books.com. What I did not appreciate in my first review is that  … Read more


Saudi Arabia – Industrial & Commercial Current Construction Costs

The following square foot (SF) & square meter (M2) value costs include all construction materials, labor, plant hire / construction equipment, general conditions / preliminaries, overhead & profit. Excluded from the costs are Owners’ costs such as front end studies, Owners’ internal engineering / CM / inspection services, material handling equipment, fixtures & furniture, manufacturing  … Read more


Order of Magnitude Road / Highway Costs

Costs include Clearing, Excavation, Stone, Tarmacadam / Paving, Concrete, PC Concrete, Reinforcement, Form work, Structural Steel, Safety Barriers, Labor, Construction Equipment, Detailed Design & Construction Management / Inspection. (Accuracy +/-20%). Major road, 2 lanes, 12’ wide each lane & 2 # 3’ wide shoulder, no bridges, N.E. USA $5.34 million per mile. $3.34 million per  … Read more


Oil & Gas Industry Benchmark # 1

Petro-Chemical & Gas Facilities – Engineering, Procurement and Construction (EPC) Benchmarking Data: (Data collected from 12 completed EPC projects in USA & Canada) Typical Benchmark Percentages & Cost Ranges related to North American Petro-Chemical, Industrial & Gas Facilities. Applicable to New & Revamp CAPEX / Facility Projects with a Total Installed Cost (TIC) value between  … Read more


Global Construction Newsletter: April to June 2018

The Newsletter is best viewed on a desktop computer Download the Newsletter The global economy expanded by 3.2% in 2017 compared to the previous year, which bodes well for 2018. Most of the world’s major economies are experiencing positive growth as we move into the 2nd half of 2018. The International Engineering, Procurement and Construction  … Read more