Peter Johnson

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2026-09-21 13:41:48 -

How Construction Estimating Companies Bring Greater Clarity To Complex Project Costs

About nine out of ten large infrastructure projects go over their original budgets. This pattern comes from 90 years of global project data studied by Oxford researcher Bent Flyvbjerg. Rail projects averaged 44.7% in cost overruns, while bridges and tunnels averaged 35% (McKinsey & Company). The same problem can affect other construction projects when they have many connected parts and...

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