Construction Project Cost Overruns (Part One)

Why Projects Overrun

Did you miss part two? Read it here » Why do so many construction projects overrun their budgets by as much as 10% to more than 100% and how can this be rectified? This continuing situation costs the industry millions of dollars each year and wastes valuable engineering / construction labor resources. This article is […]

Construction Project Cost Overruns (Part One)

Why Projects Overrun

Did you miss part two? Read it here » Why do so many construction projects overrun their budgets by as much as 10% to more than 100% and how can this be rectified? This continuing situation costs the industry millions of dollars each year and wastes valuable engineering / construction labor resources. This article is […]

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

Project Risk Quantification

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 […]

Saudi Arabia – Industrial & Commercial Current Construction Costs

Saudi Arabia 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 […]

Order of Magnitude Road / Highway Costs

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 […]

Inside Battery Limits Man-Hour Report

Battery Limits

Installation / Benchmark Man-hours for “Process” related Carbon Steel Pipe from recently completed Refinery / LNG / Chemical Projects located in US Gulf Coast (Texas): Inside Battery Limits (ISBL) A-53 Carbon Steel Pipe Fabrication (at a Pipe Fabrication Shop) & Erection M-H’s, includes testing. Assumes Pipe is 20’ off grade: Add 7.5% to above for […]

2017 Railroad Engineering & Construction Cost Benchmarks

New & Refurbished High Speed Rail Track costs per Mile / Km, Traffic Control Systems, Signals, Freight Siding Cost Metrics, Detailed Design & Construction Management / Inspection historical benchmarks. Square Foot / Square Meter Cost Data are established from data collected for the Compass International‘s 2017 Global Construction Costs Yearbooks: Compass International’s (7) Global Cost […]

International Warehouse / Logistics Center Costs

International Warehouse Logistics

What does it cost to design & build a Warehouse / Logistic Center in the USA & around the world? We are frequently asked this question by Owners, Developers, Architects & Engineers, Estimators, Quantity Surveyors & Construction Professionals around the world. To answer this question we have researched & collected “current day” costs from more […]

International 2 & 3 Star Hotel Construction Costs

What does it cost in the United States and around the world to build a 2 or 3-star (middle-of-the-road) hotel? Compass International gets asked this question a lot, so we have compiled a cost per square foot & square meter benchmark report on 25 U.S. and International locations. This book was designed to help simplify […]