UK construction Key Performance Indicators construction cost predictability 1999-2015

This statistic shows the Key Performance Indicator (KPI) measuring the accuracy of estimated construction costs within the United Kingdom (UK) construction industry, from 1999 to 2015. After a growth of twelve percent in 2011, the accuracy of construction estimates has decreased by one percent in each of the years since.

Predictability of construction cost in the United Kingdom (UK) construction industry from 1999 to 2015

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Sources

Release date

October 2015

Region

United Kingdom

Survey time period

1999 to 2015

Supplementary notes

The source specifies that: "The annual KPI surveys ask for the actual out-turn cost of construction compared with the figure agreed at the start of that phase. The KPI is the proportion of projects that were on cost or better."

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