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Range of contingency used in construction projects worldwide in 2014, by project size
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Range of contingency used in construction projects worldwide in 2014, by project size
Range of contingency used in construction projects worldwide in 2014, by project size
This statistic shows what percentage of construction projects used various cost contingency percentage ranges segregated by the size of the project, as of 2014. A cost contingency range of 5 to 10 percent was the most commonly utilized in construction projects of all sizes. 55 percent of projects estimated to cost less than 1 billion US dollars used a cost contingency range of 5 to 10%. High cost projects were more likely to use a greater range with 8 percent of those projects estimated to cost more than 5 billion US dollars applying a cost contingency percentage greater than 20 percent.
Range of contingency used in construction projects worldwide in 2014, by project size
| Project contingency range | Global | Project size: less than 1 billion U.S. dollars | Project size: 1-5 billion U.S. dollars | Project size: more than 5 billion U.S. dollars |
|---|---|---|---|---|
| - | - | - | - | - |
| - | - | - | - | - |
| - | - | - | - | - |
| - | - | - | - | - |
| Project contingency range | Global | Project size: less than 1 billion U.S. dollars | Project size: 1-5 billion U.S. dollars | Project size: more than 5 billion U.S. dollars |
|---|---|---|---|---|
| - | - | - | - | - |
| - | - | - | - | - |
| - | - | - | - | - |
| - | - | - | - | - |
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This statistic shows what percentage of construction projects used various cost contingency percentage ranges segregated by the size of the project, as of 2014. A cost contingency range of 5 to 10 percent was the most commonly utilized in construction projects of all sizes. 55 percent of projects estimated to cost less than 1 billion US dollars used a cost contingency range of 5 to 10%. High cost projects were more likely to use a greater range with 8 percent of those projects estimated to cost more than 5 billion US dollars applying a cost contingency percentage greater than 20 percent.
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- Release date
- March 2015
- Region
- Worldwide
- Survey time period
- FY 2014
- Number of respondents
- 109 respondents
- Special properties
- senior leaders working in the construction industry*
- Method of interview
- Face-to-face interview
- Supplementary notes
- * Senior leaders - often CEOs - from organizations carrying out significant capital construction projects.
Source
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- March 2015
More information
- Region
- Worldwide
- Survey time period
- FY 2014
- Number of respondents
- 109 respondents
- Special properties
- senior leaders working in the construction industry*
- Method of interview
- Face-to-face interview
- Supplementary notes
- * Senior leaders - often CEOs - from organizations carrying out significant capital construction projects.
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